Official: Vectrix Scooters saved by GP Batteries

No replies
R
R's picture
Offline
Joined: 06/18/2009
Points: 1754

Now it is official:

http://green.autoblog.com/2009/12/30/report-vectrix-scooters-saved-by-gp-batteries/

Vectrix may soon be back in business as Hong Kong-based GP Batteries has purchased the so-called New Vectrix company for $5 million. That sum is comprised of $1.75 million in cash and the assumption of up to $3.3 million in liabilities. The deal has reportedly been approved by a U.S. bankruptcy court, and apparently there were no rival bids for the company's assets.

Some Vectrix owners may be entitled to warranty coverage from GP Batteries, depending on when the scooters were purchased and claims were filed in relation to the company's bankruptcy. There's some chatter that the electric scooter may be reborn with lithium ion batteries, but no announcement on that front has been made. We'll take a wait-and-see approach and be patient to learn how things proceed under the new ownership.

style="display:block"
data-ad-client="ca-pub-2401070691062219"
data-ad-slot="2079401426"
data-ad-format="auto">

Revenge of the Electric Car The electric car is not only back from the dead, it's inevitable
V3 Cycle Analyst for Electric Bikes Ebike Display The Cycle Analyst V3 dashboard with speedometer sensor and magnet is a great addition to any Ebike
How to Live Well Without Owning a Car Save Money, Breathe Easier, and Get More Mileage Out of Life



Who's new

  • msb
  • WV BIKER
  • weedytj
  • vivitern
  • flywithme

Customize This