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French e-bike startup Angell nears bankruptcy
Angell, a French smart electric bike startup, has announced in an email to customers that the company is declaring insolvency and approaching a court to
Angell, a French smart electric bike startup, has announced in an email to customers that the company is declaring insolvency and approaching a court to ask for judicial liquidation. Its original bike packed a small color touch screen in the middle of the handlebar to display relevant information and give turn-by-turn directions. Instead, it has partnered with SEB, the French industrial company behind All-Clad, Krups, Moulinex, Rowenta, and Tefal, to outsource the manufacturing process.
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