Dutch electric bike brand VanMoof has been bought by McClaren Applied's scooter brand Lavoie,
Image credit : VanMoof
which plans to incorporate the company into its micromobility portfolio.
Image credit : VanMoof
The deal will provide tens of millions of pounds to stabilize the company,
Image credit : VanMoof
with Lavoie retaining departmental managers and hiring former employees.
Image credit : VanMoof
The company will use a third-party retailer sales model.
Image credit : VanMoof
Swipe up to see related stories, as per your interest.