Angell, a French electric bike startup founded in 2019, has announced its insolvency, attributing the failure to hardware problems and manufacturing defects in its bike frames. Despite innovative features like a touch screen, GPS, and integrated security, the bikes suffered from reliability issues, culminating in a fatal flaw regarding the frame's fragility. Co-founder and CEO Marc Simoncini expressed disappointment in a social media post, highlighting the company's attempts to address issues. Angell outsourced production to SEB and design to KickMaker, and has now shifted responsibility for the manufacturing defects onto these partners.
"A hardware problem has put an end to the adventure, despite all our efforts and the incredible work of all our employees."
"The fragility of the bike's frame represents a risk of breakage. We understand that it is a defect connected to the manufacturing process of the frames."
Collection
[
|
...
]