Yeah, I know it's April Fool's Day...but I think this article in the Boston Business Journal is serious:
New Bedford electric scooter company Vectrix files for bankruptcy
New Bedford-based electric scooter company Vectrix has filed for Chapter 7 bankruptcy, which usually involves liquidation.In documents filed with the U.S. Bankruptcy Court, the company listed its assets as being between $1 million and $10 million and its estimated liabilities as between $10 million to $50 million.
Vectrix had filed for bankruptcy protection under Chapter 11 in 2009 and negotiated an agreement t o sell most of its assets at that time.
The company has its headquarters in New Bedford, a sales office in California and a manufacturing facility in Poland.
Vectrix was founded in 1996 "with one objective—to create core technology that would provide clean, efficient, reliable and affordable transportation," the company's Facebook page states.
The attorney representing the firm in the bankruptcy is Ryan Kelley of Pierce Atwood LLP in Portland, Maine. Kelley would not comment further on the filing.
Can anyone confirm?
The official vectrix webpage is no longer online
http://www.vectrix.com/
The dealer portal still works
http://dealerportal.vectrixeurope.com/
Good news: I've just talked with the Spanish Dealer.
They've assured me that Vectrix Europe (and taiwan division) is fully operational. They're not affected by Vectrix USA's bankruptcy.
What exactly does "Vectrix Europe is still fully operational" mean? None of their web sites work...
The only website working is this: http://dealerportal.vectrixeurope.com/ :-(
Does anybody know login/pass??
It doesn't look good....
Another few articles on the issue:
http://transportevolved.com/2014/04/07/vectrix-files-bankruptcy-examine/
http://insideevs.com/vectrix-files-for-chapter-7-bankruptcy-this-is-the-end/
http://www.asphaltandrubber.com/news/vectrix-files-chapter-7-bankruptcy-usa/
-Randy
______________________
I also own a 2018 Tesla Model 3 and a 2012 Mitsubishi iMiev
And I thought I was upset about Vectrix filing for Chapter 7...
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