Electric car maker Miles Electric Vehicles files for bankruptcy

Jun 11, 2013 11:09 AM EDT | Staff Reporter

U.S. electric car manufacturer Miles Electric Vehicles filed for chapter 11 bankruptcy early on Tuesday, court documents showed.

The company listed estimated assets in the range of $10 million to $50 million, and estimated liabilities of between $50 million and $100 million.

The case is in re Miles Electric Vehicles, Case No. 13-11511, U.S. Bankruptcy Court, District of Delaware.

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