VanMoof, the Dutch electric bike brand, has been forced to declare bankruptcy after the brand’s co-founding brothers, Ties and Taco Carlier, failed to find investment to save it.
In an email sent to staff, published by The Verge, the brothers said: “Over the last weeks, Ties and I have tried to find a future for VanMoof. We’re extremely sorry to have to report that despite our best efforts we did not succeed and we have had to file for bankruptcy.”
The brand, which was founded in 2009, was entered into a preliminary ‘suspension of payment’ period earlier in July. This is a period in which creditors cannot collect debts in a bid to help a company avoid bankruptcy, however, this can also be a first step to bankruptcy proceedings in …
Read the full article at: https://www.cyclingnews.com/news/e-bike-brand-vanmoof-declared-bankrupt/