VanMoof declared bankruptcy in the Netherlands and once called itself "the most funded electric bicycle company in the world"

Thanks to CTOnews.com netizens Wu Yanzu in South China for the delivery of clues! CTOnews.com, July 19 (Xinhua)-- VanMoof, an independent e-bike maker, recently declared bankruptcy in the Netherlands after boasting it was "the most funded e-bike company in the world", according to The Verge.

▲ source VanMoof according to a statement issued by VanMoof, the court in Amsterdam, the Netherlands, has revoked the suspension of payment procedures for the Dutch legal entities VanMoof Global Holding BV, VanMoof BV and VanMoof Global Support BV and declared the entities bankrupt.

The statement also said that VanMoof legal entities outside the Netherlands did not enter bankruptcy proceedings. Two managers have been appointed trustees and are continuing to assess the situation of VanMoof and the possibility of resuming operations, including exploring the sale of assets to third parties so that VanMoof can continue to operate.

CTOnews.com consulted public sources and learned that VanMoof was founded by the Taco and Ties Carlier brothers in May 2009 and is headquartered in the Netherlands. In the early days, VanMoof also made traditional bicycles, but later specialised in electric bikes, and the company's products are known for their stylish and minimalist designs.

Unlike other manufacturers, VanMoof's e-bikes are also equipped with proprietary applications and patented parts, a selling point that users used to be proud of has now become the biggest "lightning point"-with the collapse of VanMoof, the availability of proprietary applications and the replacement of proprietary parts will be potentially dangerous. VanMoof said it would try its best to fulfill the remaining orders and maintenance tasks and refund to customers and suppliers.