Electric motorcycles are failing to attract customers yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.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.
This week was a busy one with Rivian officially announcing the reveal date for its next-gen EV, a Waymo robotaxi striking a bicyclist (oh and one of its robotaxis was vandalized and burned late Saturday night!), Arrival trying to sell off its U.K. assets, plus a few scoops on e-motorcycle startup Cake, Ford and Fisker. Joby Aviation, a company developing all-electric aircraft for commercial passenger service, announced Sunday an agreement with Dubai regulators to launch air taxi services there by early 2026. Joby, a startup that went public in 2021 via a merger with a special purpose acquisition company, said it's targeting initial operations as early as 2025.