Dutch e-bike and fatbike company Voltes declared bankrupt
Voltes B.V., a Dutch company specializing in e-bikes, fatbikes, electric scooters, and hoverboards, was declared bankrupt last week by the court in Noord-Holland, according to Bright.nl. Founded in 2017, Voltes quickly gained recognition in the electric mobility market. Initial growth extended beyond the Netherlands, but increasing competition and shrinking profit margins eventually strained the company.…

