Qwic bankruptcy also impacts VDL automatic frame production
AMSTERDAM, the Netherlands - Qwic was always known as one of the early innovators in the e-bike market in the Netherlands. According to Qwic an unexpected tax bill made brand owner Hartmobile decide to apply for insolvency in self-administration last week, followed by a bankruptcy this morning. This decision will also impact the start of the new automatic frame production line at VDL in Breda, the Netherlands.
Continue reading this article?
- Create an account under a minute and continue reading
- Read 2 articles for free every month
Create an account instantly
More than 100 organizations have a business subscription with us. Check here if you already have unlimited access via your employer.