BinBin Global wanted, as we learned today, the bankrupt VanMoof electric bike manufacturer Lavoie buy took.
McLaren Applied’s e-mobility subsidiary lavoie, announced today that they have signed a definitive agreement to acquire the VanMoof electric bike company. It is unknown how much he was paid for this, but Nick Fry, head of McLaren Applied, told Reuters he was trying to stabilize VanMoof. says tens of millions of euros need to be invested in the short term. At the beginning of the year, it acquired the shares of Netherlands-based Go Sharing and included the Netherlands, Belgium, Germany and Austria in its operating countries. Thousand Thousand, It was on the agenda last week with the news that it could buy VanMoof. The company filed for bankruptcy in July. explaining (details here) Dutch electric bike manufacturer has announced that it aims to make an offer to buy VanMoof. In the statement made by BinBin officials at that time, it was stated that a confidentiality agreement was signed between the two companies and that VanMoof’s data was being examined by BinBin for the purchase decision. Declaring its bankruptcy on July 18, VanMoof has sold 200,000 bicycles worth more than 2,000 Euros to date. High maintenance costs were cited as one of the main reasons for the company’s bankruptcy.