Clean Mobile Applied for Insolvency

UNTERHACHING, Germany – Electric drivetrain supplier Clean Mobile AG applied for insolvency beginning February. According to the receiver, Dr. Christian Gerloff from the Munich based law firm Ott Gerloff, Clean Mobile has a good chance to survive. Therefore operations are continuing.

Innovative e-drivetrains
Clean Mobile AG was founded in 2006 as a startup R&D company manufacturing: “Innovative e-drivetrains for light vehicles.” The company is located in Unterhaching near Munich and currently employs about 20 people. After an initial success with its fast e-bike kit the company presented an e-bike kit for EPAC’s with up to 25km/h pedal assistance at the 2011 fall shows. Brands such as Corratec, KTM, Third Element and PG Bikes are making use of the Clean Mobile’s e-bike kits.

Search for investors
Receiver Gerloff started, together with KPMG, to look for investors to take over the company. “Clean Mobile is one of the pioneers in e-drivetrain technologies and was developing progressively. Therefore there are good chances to find interested parties looking for innovative technologies in these times where alternative environmental-friendly drivetrains are on the rise.”