French electronic bicycle startup ANGELL is almost bankrupt

Angell, a French smart electric bicycle startup, announced in an email to customers that the company is declare bankruptcy and seek judicial liquidation from the court.

Marc Simoncini, co -founder and CEO of the company, said on Instagram: "This is over." The work, but the hardware problem has ended the adventure. "" "" "."

Angell was originally established in 2019 to start creating a electric bicycle with multiple intelligent and connecting functions. Its original bicycle is equipped with a small -colored touch screen in the middle of the handlebar to display the relevant information and provide an instructions for turning. It can also use Bluetooth to connect to the phone.

With its integrated locking and alarm system and its built -in GPS chips and honeycomb modem, Angell Bike competes with other European intelligent bicycle manufacturers (such as Cowboy and Vanmoof). It is also worth noting that Van Mof must apply for bankruptcy in the Netherlands in 2023.

Angell encountered reliability problems with its multiple packaging. The company explained in an email to customers that the latest period of its first -generation bicycle was to break the straw of the camel.

The company wrote: "The vulnerability of the bicycle framework represents the risk of rupture." "We know, this is the defect related to the manufacturing process of the framework. It is more accurate to weld the pipes together."

ANGELL will not produce its own bicycle. Instead, it cooperates with the French Industrial Corporation SEB behind All-Clad, Krups, MOULINEX, Rowenta and Tefal to outsourcing the manufacturing process. Similarly, it cooperates with third -party design company Kickmaker.

Among the rest of the email, Angell tried to blame these two partners on these two partners. Nevertheless, Angel is the financial responsibility of these faulty bicycles because it is a company selling these bicycles. It may recall up to 7,000 bicycles or reimburse its customers.

However, because the company chose the bankruptcy process, these two options seemed to be too expensive. There may be other cases to determine who is responsible for the manufacturing problems between Angel, SEB and Kickmaker.

As for the owner of Angell bicycle, the person with the first generation of bicycles now has an unsafe bicycle. The company said that the server may be closed at some point, which will also be influenced by the nearest Angell bicycle. Hope it will not affect power assistance and smart locks.