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Florida man buys Cake's remaining US inventory of electric motorbikes biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.
The future of bankrupt electric motorbike startup Cake is still uncertain, but the majority of its U.S. inventory is going to a guy in Florida. Michael Joyce, who runs a retail shop in St. Petersburg called Emoto, tells TechCrunch that he bought all of the Cake Makka and Ösa motorbikes that had been shipped stateside as well as accessories and spare parts. Joyce says he didn't buy any of the remaining Cake Kalk electric motorcycles, as those have been recalled for battery fire risk and steering column problems.