GAUSSIN SA Ends Contract with BLYYD

Gaussin SA (FR:ALGAU) has released an update.

GAUSSIN SA has ended its exclusive distribution contract with BLYYD due to the latter’s failure to fulfill contractual obligations, including compliant orders and unpaid bills, as well as conflicts over intellectual property rights. The company is fulfilling all prior orders by BLYYD and is seeking new partnerships to continue its expansion in Europe. GAUSSIN’s R&D is focused on developing an improved version of the ATM vehicle, which has already helped avoid 6,000 tonnes of CO2 emissions.

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