(Bloomberg) -- Star Wars-inspired hoverbike maker A.L.I. Technologies Inc. filed for bankruptcy due to mounting research and development costs and slow adoption of the next-generation vehicles.
The Japanese start-up ALI Technologies, which had hoped to reimagine urban transport with a futuristic hoverbike, has filed for bankruptcy. Its US parent company said the move was part of a ...
ALI Technologies' XTurismo Limited Edition went on sale in Japan, earlier on Wednesday. Electronics giant Mitsubishi and footballer Keisuke Honda are two backers of the Tokyo-based company.
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