Their electric "partner" , Frazer Nash Energy Systems is probably caught up in the Receivership of Frazer Nash Research Ltd. They share the same MD and seem to be a subsidiary, although it is unclear.
Frazer Nash is part of Kamcorp Group, which also owned Bristol Cars, which has also gone under.
It looks as though MMC made a bad call going with these two companies, and will have to go back to the drawing board. Unfortunate, to say the least.