By People swarm around the S5 at its reveal in March, 2022. VanMoof’s future is less clear. | Photo by Thomas Ricker / The Verge
Lavoie is buying bankrupt e-bike maker VanMoof. The e-mobility subsidiary of McLaren Applied announced today that it has entered into a definitive agreement to acquire the VanMoof e-bike business. The announcement gives new hope to the trailblazing brand and the more than 200,000 people who bought its high-tech e-bikes made from proprietary components.
“Under the terms of the agreement, the acquisition will see Lavoie and McLaren Applied inject stability into the VanMoof operations,” reads a press release, “then combining and integrating their premium capabilities to create a next-generation e-mobility business and establish a world-leading premium e-mobility offering.”
Lavoie announced its first electric scooter in late 2022 with…