Let's just say Vectrix has filed for bankruptcy one time for each wheel on its battery-electric scooters. This time, though, it's Chapter 7, Boston Business Journal reports, citing bankruptcy court filings. Since that usually involves liquidation, it's safe to say that the company's number is finally up.
Robert Llewellyn's Fully Charged video series has, over its many episodes, focused on vehicles of the four-wheeled variety. Now, as if in atonement, it has produced two successive shows centered on two-wheelers. From bicycles with electric assist to scooters to motorcycles, Llewellyn makes up for previous omissions, all in one two fell swoops.
Vectrix LLC, a self-proclaimed world leader in personal electric vehicles, has kicked off the New Year with a bang by introducing its urban commuter; the VX-2 battery-powered scooter. The VX-2 is a slimmed down version of the company's VX-1 and is designed for low-speed travel. Whether that includes around town trips or traversing a college campus, troubled Vectrix insists that the VX-2 is the "perfect machine" for the task.
News of a likely bankruptcy filing from electric scooter manufacturer Vectrix hasn't stopped its designs from winning accolades. A year after winning a Design Award from the prestigious Red Dot Museum in Singapore, ROBRADY, the design studio responsible for the Vectrix Superbike concept, has taken home another trophy, this time from the 2009 Green Good Design Awards in Chicago. According to the Good Design program:
While it is quite sad to see electric scooter maker Vectrix balancing on the brink of bankruptcy, it should also be remembered that there's a silver lining to every cloud. In this case, quite a bit of silver. When the East coast company started to run into trouble late last year it had been in the midst of creating an extensive dealer network and had delivered bikes to stores all across the country. Many of those machines are still hanging around today, taking up space and waiting for customers
Over the last few weeks, we've heard rumblings around the internet that electric scooter maker Vectrix might not be on firm financial footing. The first signs of trouble became apparent last month as reports from the UK indicated that Vectrix "will not be able to publish its Report and Accounts for the year ended 30 September 2008 until, inter alia, the successful completion of a fund-raising exercise." That caused the London Stock Exchange to halt trading of the company's stock. The latest news