End of road for CAKE as Swedish electric motorcycle startup files for bankruptcy

[Redaktion]

CAKE, the Swedish electric motorcycle startup known for its functional, minimalist designs, has filed for bankruptcy. The company had struggled lately with decreased demand and a few product recalls, and the withdrawal of an investor during its latest funding round proved to be the last straw. It is the latest of several e-mobility companies that have gone under in the last few months.

https://www.notebookcheck.net/End-of-road-for-CAKE-as-Swedish-electric-motorcycle-startup-files-for-bankruptcy.800170.0.html