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.
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