A buyer for VanMoof. Declared bankrupt last July, the Dutch electric bicycle manufacturer will be bought by McLaren Applied, a former subsidiary of the British group McLaren sold in 2021 to the investment fund Greybull Capital.
It is more precisely Lavoie, a brand that currently sells electric scooters and which belongs to McLaren Applied, which will take over the VanMoof activity. Lavoie said in a statement that it had “entered into a definitive agreement” to acquire the bike maker, without disclosing the amount, AFP said.
“The Tesla of the Bicycle”
Dubbed “the Tesla of the bike,” VanMoof wowed investors in 2021 but continued to suffer heavy losses. His offer is aimed at providing a premium and connected bike, Associated with a series of services such as maintenance (with free parts exchange), insurance against theft and a smartphone application that allows, for example, unlocking the bicycle, managing speed, light or locating it.
Source: BFM TV
