E-Bike Motor Maker Go SwissDrive Liquidated

GAMS, Switzerland - In some three months, the second maker of e-bike drive systems is forced to stop its activities. After the receiver of insolvent BionX Canada Inc. sold the company’s assets late October 2018; now the curtain drops for Go SwissDrive. After operating in the e-bike market for eight years, this e-bike motor maker is liquidated by its owner, the Ortlinghaus Group. Striking is that both BionX and Go SwissDrive were makers of rear wheel hub motors.
Go SwissDrive owner Ortlinghaus emphasizes that imminent insolvency wasn’t reason for liquidation. – Photo Bikefeeling.nl