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VanMoof

From Wikipedia, the free encyclopedia
Dutch manufacturer of e-bikes

VanMoof
FoundedMay 2009; 16 years ago (2009-05) inAmsterdam, Netherlands
Founders
  • Taco Carlier
  • Ties Carlier[1]
Headquarters,
Netherlands
ProductsBicycles,e-bikes and accessories
Owner
  • Lavoie(2023–present)
Number of employees
130[2]
Parent
WebsiteOfficial website
This articlemay have been created or edited in return for undisclosed payments, a violation of Wikipedia'sterms of use. It may require cleanup to comply with Wikipedia'scontent policies, particularlyneutral point of view.(April 2024)

VanMoof is a global bicycle manufacturer headquartered in theNetherlands.

The company started in 2009 with a line of traditional bikes, later moving solely toe-bikes.[2] With bikes produced in Taiwan and sold in 32 countries,[3] it had flagship stores in cities such asAmsterdam,Berlin,Paris,London,Tokyo andNew York.

After VanMoof's Dutch entities were declared bankrupt by the Court of Amsterdam on July 17, 2023,[4] its units in Germany,[5] the United Kingdom[6] and the United States[7] filed for bankruptcy the following month.

On August 31, 2023, it was announced that it was acquired by e-scooter maker Lavoie, a subsidiary of British automotive technology companyMcLaren Applied.[8][9]

History

[edit]
Taco & Ties Carlier

Its name is a Dutch spin on the word "move".[10] Taco Carlier studied industrial design engineering at theDelft University of Technology.[11] His brother Ties was trained as anauto mechanic. The Carliers' vision was to reinvent the city bike, to make "a smart bike with sex appeal" to "offer a strong alternative to status symbols like cars".[3]

Their first models were designed by Dutchman Sjoerd Smit who had been hired by the Carlier brothers in 2008.[1] His first prototype was a single speed city bike with an aluminum frame, twoLED lights, a leather saddle and a lock built into the frame.[12] Initially Sjoerd Smit sold his first design in 2009, the 'MOOF', through the New York design brand Areaware.[13] Later that year it became VanMoof's first model, the No. 3, with a rectangular red logo instead of the transparent grey letters on the Areaware version. In 2010 VanMoof launched its second design, Model No. 5, with a built-in chain lock and aMicro-USB port.[14][15] The Model No. 5 won a 2010Dutch Design Award as Best Consumer Product.[16] A so-called "women's" model of the No. 5 was launched in 2011, the VanMoof No. 6, with astep-through frame.[17] Another women's model was launched later that year, the VanMoof Swaggerwagon, with pink tires and adiamond frame.[18] Also in 2011, Smit's design for the "Düsenjäger"[19] model, based on the No. 5, was given the GermanRed Dot Design Award.[20] Around 10,000 bikes were sold world-wide in 2012. A year later,The Wall Street Journal wrote that "a VanMoof has become a hipster accessory" in New York City.[1]

VanMoof E-bike lineup S-series

In 2014, VanMoof launched its first e-bike with a GPS tracker, an automatic 2-speed transmission, a remote and a battery inside the bike frame: the VanMoof 10 Electrified.[21][22][10] Later models include the Electrified S (2016),[23] the S2/X2 (2018),[24] the S3/X3 (2020)[25] and the S5/A5 (2022).[26] In May 2023, the company launched their newest models: S4/X4 with less technology than their S5/A5 flagship models, scheduled to ship in August.[27]

Starting with the S2 all e-bike models are equipped withanti-theft technology that locks the wheel and sounds an alarm if someone tries to move it, and the bikes are equipped with aSIM card that can be activated to retrieve its location.[28] The company also employs what it calls 'bike hunters' who try to find stolen bicycles.[29]

Sales rose from $12 million in 2018 to nearly $48 million in 2019.[12]

VanMoof was awarded the Red Dot Design Award for a second time in 2020 for their S3/X3 model. According to the jury, "this e-bike impresses with a purist design that epitomises the essence of a bicycle."[30] This model was designed by Job Stehmann and Ties Carlier. Some customers however criticized the model for its damage during shipping, late delivery, mechanical issues, technical glitches and lack of customer service.[31]

VanMoof raised more than $100 million from venture capitalists including Felix Capital,Balderton Capital,Hillhouse Capital,Norwest Venture Partners and TriplePoint Capital[2][32][10] to build and sell their e-bikes and expand their market share. In 2020 alone, they raised $40 million.[28]

The S5 and A5 models were designed by Job Stehmann, Marjolein Deun and Alexandre Phaneuf who in 2022 won VanMoof's third Red Dot Design Award for their "strikingly simple and compact" e-bikes that "meet the latest demands in urban mobility and convey a dynamic appearance".[33]

On 3 May 2022, the Carliers handed over operational leadership toGillian Tans who until 2021 was the CEO and later chairperson of Dutch online travel agencyBooking.com.[34]

2023 bankruptcy

[edit]

In the summer of 2023, several websites started reporting that VanMoof was in financial turmoil and had stopped its online sales on 29 June.[35][36] On 12 July 2023, a court in the Netherlands granted the company creditor protection and appointed administrators to VanMoof to assess the state of the company, search for new investors or find a buyer. The company closed their physical retail stores for the time being.[32] VanMoof owed €143.8 million to its creditors, including investors, suppliers, and tax administrations.[37]

The Dutch entities VanMoof Global Holding B.V., VanMoof B.V. and VanMoof Global Support B.V. were declared bankrupt by the Court of Amsterdam on 17 July 2023. According to an email written by the administrators (now the trustees), bankruptcy makes it "more likely that a restart of the VanMoof business can be accomplished."[4] On 3 August 2023, VanMoof entered liquidation in the UK,[6] the same happened in Germany on 15 August.[5] On 19 August 2023, VanMoof filed petition underChapter 15 bankruptcy in New York City.[38] For its Taiwan entity where the e-bikes are produced, VanMoof wasn't able to pay the July 2023 salaries to its personnel.[39]

On 31 August 2023, Nick Fry, the chairman ofMcLaren Applied, announced that Lavoie, the electric scooter unit of his company, will buy VanMoof for "tens of millions" of pounds "in the short term." The court-appointed trustees for VanMoof confirmed the sale. "Shortly after 4 September 2023, more will be announced regarding the continuation of services provided to VanMoof riders", they said in a statement.[40]

Models

[edit]

Bicycles

[edit]
ModelYearNotes
MOOF2009Designed for Areaware
No. 3Same as MOOF but with red logo
No. 52010First with built-in chain lock
No. 62011First with step-through frame
SwaggerwagonBased on No. 3 with pink tires
DüsenjägerBased on No. 5 with 2-speed kickshift (limited edition)
M2 Series2012Versions 3.1, 3.7, 5.1, 5.7, 6.1, 6.7, 2.2, and 3.2
F32014
F5
F6
B3
B5
B6
S series
T series
D series (Düsenjäger M3)
Smartbike2016First with "Peace Of Mind" warranty
Spinlister2017In collaboration with the bike sharing platform
Standard Straight
Smart S
Smart X

E-bikes

[edit]
ModelImageYearGearsBattery capacityClaimed range
10 ElectrifiedVanMoof 10 Electrified2014Automatic 2-speed209Wh30–60 km (19–37 mi)
Electrified SVanMoof Electrified S2016418Wh120 km (75 mi)
Electrified XVanMoof Electrified X2017
S2VanMoof S2 fog white2018504Wh60–120 km (37–75 mi)
X2VanMoof X2 thunder grey50–150 km (31–93 mi)
S3VanMoof S3 dark2020Automatic 4-speed60–150 km (37–93 mi)
X3VanMoof X3 light
VVanMoof V2021 (still in development)700Wh
S5VanMoof S52022Automatic 3-speed with torque sensor487Wh60–150 km (37–93 mi)
A5VanMoof A5463Wh55–140 km (34–87 mi)
S4VanMoof S4 foam green2023 (still in production)Automatic 2-speed478Wh60–140 km (37–87 mi)
X4VanMoof X4 sunshine yellow

Controversies

[edit]

In 2011, Jasmijn Rijcken, who worked as a "guerrilla marketing" wiz for VanMoof, posted a story on her company's Facebook page that a New York City police officer stopped her for biking in a short skirt and threatened to give her a ticket for distracting drivers "and potentially cause them to crash".[41] Critics believed it was just a publicity stunt by VanMoof.[42] Rijcken however stood by her story.

In 2019, VanMoof released a hidden camera video in which it seems members of the public were buying bikes from a thief. The company later admitted it hired actors to sell the bikes.[43]

In 2020, a television ad for the S3 model was banned in France by advertising regulatory authority ARPP because the commercial "discredit[s] the automobile sector [...] while creating a climate of anxiety."[44]

In 2021, concerns were raised by customers regarding the durability of VanMoof e-bikes. Some users reported issues such as frame damage, electrical malfunctions, and difficulties in obtaining timely repairs or replacement parts.[31]

References

[edit]
  1. ^abcMarcus, J.S. (19 January 2013)."Sjoerd Smit of Vanmoof: A Designer Spin on the Grandma Bike".WSJ. Retrieved14 July 2023.
  2. ^abc"Dutch E-bike maker VanMoof files for protection from creditors".Reuters. 12 July 2023. Retrieved14 July 2023.
  3. ^abColeman, Alison (18 May 2014)."Are Global City Commuters Ready To Ditch The Car And Go Dutch?".Forbes. Retrieved14 July 2023.
  4. ^ab"Dutch e-bike maker VanMoof bankrupt, administrators may sell assets".Reuters. 18 July 2023. Retrieved18 July 2023.
  5. ^ab"VanMoof vraagt ook in Duitsland faillissement aan".NU (in Dutch). 15 August 2023. Retrieved15 August 2023.
  6. ^abR., Vignesh (3 August 2023)."After declaring bankruptcy in the Netherlands, Amsterdam's VanMoof enters liquidation in the UK".Silicon Canals. Retrieved15 August 2023.
  7. ^"Dutch E-Bike Firm VanMoof files for Chapter 15 bankruptcy in New York".Bloomberg. 19 August 2023. Retrieved21 August 2023.
  8. ^"VanMoof, Trendy E-Bike Brand, Bought Out of Bankruptcy by Scooter Maker".The New York Times. 31 August 2023. Retrieved31 August 2023.
  9. ^"Dutch bicycle company VanMoof bought by British e-scooter maker".DutchNews. September 2023. Retrieved18 September 2023.
  10. ^abc"Can E-Bikes Go Mainstream?".The New York Times. 12 October 2022. Retrieved14 July 2023.
  11. ^Jack, Mikael."How I Launched: VanMoof".Soho House Amsterdam. Retrieved17 July 2023.
  12. ^abDamm, Christoph (2 February 2021)."This Dutchman builds e-bikes according to Elon Musk's philosophy, and is heading for $120 million in sales".Business Insider. Retrieved14 July 2023.
  13. ^Sykes, Rachael (2 March 2009)."Moof by Sjoerd Smit for Areaware".Dezeen. Retrieved11 September 2023.
  14. ^"The new VANMOOF No. 5".Habitusliving.com. 20 September 2010. Retrieved11 September 2023.
  15. ^"Bright Report: VanMoof No. 5".YouTube. 21 May 2010. Retrieved11 September 2023.
  16. ^"Dutch Design Award 2010 winners".Design Indaba. 23 October 2010. Retrieved11 September 2023.
  17. ^"VANMOOF No 6".Trendalert (in Dutch). 7 May 2011. Retrieved11 September 2023.
  18. ^"VanMoof Swaggerwagon. Hippe damesfiets".FIETSEN 2023 (in Dutch). Retrieved11 September 2023.
  19. ^German word for fighter jet
  20. ^"Red Dot Design Award: Vanmoof Düsenjäger".Red Dot Design Award. 15 July 2023. Retrieved15 July 2023.
  21. ^"Here's an electric bike that's easy on your eyes, not just the road".Engadget. 15 May 2014. Retrieved15 July 2023.
  22. ^Ankeny, Matthew (14 October 2014)."Review: Vanmoof Electric 3 Bike".Gear Patrol. Retrieved14 July 2023.
  23. ^Sutton, Mark (6 April 2016)."Vanmoof debuts e-bike with "unprecedented connectivity" in Electrified S".Cycling Industry News. Retrieved14 July 2023.
  24. ^"VanMoof's Electrified S2 is a seriously smart commuter bike".Engadget. 4 October 2018. Retrieved14 July 2023.
  25. ^Dillet, Romain (21 April 2020)."VanMoof introduces new S3 and X3 electric bikes".TechCrunch. Retrieved14 July 2023.
  26. ^Ricker, Thomas (5 April 2022)."Test-riding VanMoof's new S5 and A5 e-bikes".The Verge. Retrieved14 July 2023.
  27. ^"VanMoof returns to basics for its new, cheaper S4 and X4 e-bikes".Engadget. 9 May 2023. Retrieved14 July 2023.
  28. ^abMcFarland, Matt (16 September 2020)."Why a Dutch bicycle company just landed $40 million from venture capitalists".CNN. Retrieved14 July 2023.
  29. ^"VanMoof's Team of 'Bike Hunters' Succeeds Where the City Doesn't".The San Francisco Standard. 13 July 2022. Retrieved14 July 2023.
  30. ^"Red Dot Design Award: VanMoof S3, X3".Red Dot Design Award. 14 July 2023. Retrieved15 July 2023.
  31. ^abRicker, Thomas (16 September 2020)."VanMoof co-founders address S3 issues and how it's fixing remote support".The Verge. Retrieved14 July 2023.
  32. ^abKeane, Jonathan (14 July 2023)."E-Bike Start-Up VanMoof In Flux After Court Appoints Administrators".Forbes. Retrieved14 July 2023.
  33. ^"Red Dot Design Award: VanMoof S5 & VanMoof A5".Red Dot Design Award. 17 July 2023. Retrieved17 July 2023.
  34. ^Pascoe, Robin (12 July 2023)."VanMoof bike maker halts sales and looks for new capital: media".DutchNews.nl. Retrieved15 July 2023.
  35. ^Butcher, Mike; Bellan, Rebecca; Lunden, Ingrid (10 July 2023)."VanMoof, the e-bike darling, skids off track: Sales paused, execs depart".TechCrunch. Retrieved14 July 2023.
  36. ^Zellmer, Matthias (10 July 2023)."Is VanMoof facing bankruptcy?".nextpit. Retrieved14 July 2023.
  37. ^"VanMoof had bij faillissement een schuld van bijna €144 mln".FD.nl (in Dutch). 22 August 2023. Retrieved1 September 2023.
  38. ^"Dutch E-Bike Firm VanMoof files for Chapter 15 bankruptcy in New York".Bloomberg. 19 August 2023. Retrieved21 August 2023.
  39. ^"VanMoof kan salarissen personeel in Taiwan en VS niet betalen, curator meldt meerdere biedingen op Nederlandse tak".Parool.nl (in Dutch). Retrieved1 September 2023.
  40. ^Carey, Nick; Sterling, Toby (31 August 2023)."McLaren Applied's Lavoie buys bankrupt Dutch e-bike maker VanMoof".Reuters. Retrieved31 August 2023.
  41. ^"Saudi Arabia on the Hudson: NYPD Officer Stopped Cyclist For Wearing Skirt".Streetsblog New York City. 13 June 2023. Retrieved11 September 2023.
  42. ^Signore, John Del (13 June 2011)."Was "Biking While Sexy" Story Just Viral Marketing Stunt To Sell Bikes?".Gothamist. Retrieved11 September 2023.
  43. ^Reid, Carlton (16 August 2019)."VanMoof Admits Hidden Camera Sting Was Staged".Forbes. Retrieved15 July 2023.
  44. ^Hawkins, Andrew J. (30 June 2020)."VanMoof's e-bike ad banned in France for creating a "climate of anxiety"".The Verge. Retrieved14 July 2023.
EV manufacturers declaredinsolvent (with year declared)
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