Ever since declaring bankruptcy in the Netherlands, trustees have been trying to find a buyer to restart the e-bike industry darling that raised over €200 million in capital and ended up with total debts of €144 million on sales of over 200,000 electric bikes. “We are now talking exclusively to one party,” says co-founder Taco Carlier in a leaked email sent to former staff, “We expect to announce a new owner and explain their plans for VanMoof within a few days.”
VanMoof’s sleek electric bikes attracted fans, but the Dutch company’s demise has left owners unable to get repairs and worried that app-enabled functions may stop working.