Ebike maker VanMoof goes bust, leaving riders in disarray

After pausing sales, closing stores, and being unable to pay its bills, beloved Dutch ebike maker VanMoof has officially been declared bankrupt. Just last week, Dutch courts granted the company a two-month ‘suspension of payment’ to protect it from creditors while it worked with administrators to find a solution. However, yesterday, the court of Amsterdam withdrew the suspension of payment and declared all three of VanMoof’s legal entities in the Netherlands bankrupt. VanMoof’s units outside the country are not affected. Such a swift bankruptcy decision usually occurs in cases where authorities can see that a company has exhausted all available…