Monday, 17 July, 2023

VanMoof Faces Setback, Mobility Startup Goes SPAC, and E-bike Batteries Pose Fire Risks

VanMoof, an e-bike company, encounters difficulties, while another mobility startup opts for a SPAC merger. Additionally, concerns arise regarding e-bike batteries catching fire. VanMoof has faced supply chain challenges and delivery delays, impacting customer satisfaction. Meanwhile, a mobility startup chooses a special purpose acquisition company (SPAC) as a means of going public. Simultaneously, incidents of e-bike batteries catching fire prompt safety concerns.