Ave Bankrupt, Restart Likely
OBERPFRAMMERN, Germany – Development Engineering GmbH – maker of Ave branded e-bikes – applied for insolvency last month. There are strong rumors that Pantherwerke AG is to continue Ave.

OBERPFRAMMERN, Germany – Development Engineering GmbH – maker of Ave branded e-bikes – applied for insolvency last month. There are strong rumors that Pantherwerke AG is to continue Ave.