An electric van maker in Coventry has gone into administration making more than a third of its staff redundant.

Modec in Binley secured a £23m grant from the US government in 2009 to jointly make electric vans for the American markets with US firm Navistar.

Founder Lord Borwick said the deal had not produced as many orders as he expected and only 400 vehicles had been made since its launch in 2007.
BBC News - Modec electric car maker goes into administration