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AVE bankrupt

flecc

flecc

Member
Oct 25, 2006
53,168
30,586
A shock announcement that the German makers of the AVE e-bikes owned by some members are insolvent, due to the difficult trading conditions in the past year. A restart is hoped for:

Fuller information on this link
 
T

trex

Esteemed Pedelecer
May 15, 2011
7,703
2,671
Such a shame. AVE bikes were competitively priced, perhaps it's part of the problem. The other part is the rise of Chinese made bikes advertised in ebay.de - most Chinese bikes are sold quite cheaply by internet marketing like the recent adverts for the Mosso, causing further erosion.
Perhaps also a bigger picture emerges that the German market has stopped growing and it's time for German e-bike brands to consolidate.
Pantherwerke who is supposed to have bought the brand does not make bikes in Germany. Will we see AVE bikes made in China in the future?
 
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shemozzle999

shemozzle999

Esteemed Pedelecer
Sep 28, 2009
2,826
686
Thanks for the heads up flecc, I will be keeping an eye out for an eddieO ebay bargain offer;)
 
T

timswimuk

Finding my (electric) wheels
Dec 13, 2013
10
1
What does this mean for someone who had just bought a new 2014 Ave bike... would there still be warranty and support? (I was nearly just about to buy one..:)
 
flecc

flecc

Member
Oct 25, 2006
53,168
30,586
shemozzle999 said:
Thanks for the heads up flecc, I will be keeping an eye out for an eddieO ebay bargain offer;)
Click to expand...

Eddie has already had an email quoting the bankruptcy and looking to buy it at a rock bottom price!

No chance, Eddie says he's going to put the price up as it's now become a collectors piece! :)
 
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flecc

flecc

Member
Oct 25, 2006
53,168
30,586
Cyclezee said:
Has Eddie served his sentence yet?

Isn't it time he was allowed back to liven things up a bit, subject to a period of probation of course?
Click to expand...
He is sort of back. Having been sentenced to Pedelecs Forum death, he's returned as a ghost to forever haunt the forum in threads such as this. :eek:
 
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Electrifying Cycles

Electrifying Cycles

Esteemed Pedelecer
Jun 4, 2011
1,005
176
I have heard that everything will be carrying on as per normal. I imagine the takeover will be confirmed in due course.
 
funkylyn

funkylyn

Esteemed Pedelecer
Feb 22, 2011
3,172
27
South Shields, Tyne & Wear
Cyclezee said:
Has Eddie served his sentence yet?

Isn't it time he was allowed back to liven things up a bit, subject to a period of probation of course?
Click to expand...
Have you been drinking ??? :confused:

Lynda :)
 
funkylyn

funkylyn

Esteemed Pedelecer
Feb 22, 2011
3,172
27
South Shields, Tyne & Wear
o_O........Obviously with Vodka.........Im surprised at you.......with your blood it should be whisky...:p

Lynda :)
 
RobF

RobF

Esteemed Pedelecer
Sep 22, 2012
4,732
2,312
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