Vanmoof: The latest figures, news and market research on Vanmoof

Turnover: 82.2 million EUR (2021)

Country: Netherlands

Dutch manufacturer of electric bicycles

Electric bikes: VanMoof makes a new start 28/05/2024

Number of users won over by VanMoof: over 200,000.
Initial selling price of VanMoof bicycles: around 2,200-2,500 euros.
Number of employees retained after takeover by McLaren Applied: 100 of the original 700.
New price for VanMoof 5 (VM5): 3,300 euros.

VanMoof bankruptcy: McLaren Applied announces acquisition of electric bike manufacturer 06/09/2023

Lavoie, a subsidiary of McLaren Applied, specializes in electric transportation.
Lavoie to acquire VanMoof, a bankrupt Dutch bicycle manufacturer
VanMoof manufactures high-end electric bicycles, dubbed the "Tesla of electric bikes" .

VanMoofs saved from extinction in extremis 01/09/2023

VanMoof, the Dutch electric bicycle brand, went bankrupt in July
Lavoie, a company recently spun off from McLaren, takes over VanMoof
VanMoof was founded in 2009 and declared bankrupt in mid-July, despite selling 200,000 bikes at around €2,000 each
VanMoof had managed to raise $180 million during the Covid period
McLaren Applied, former owner of Lavoie, sells electric scooters starting at 1,500 euros and aims to make major inroads into the electric bike market

Electric bikes: the spectacular fall of VanMoof 19/07/2023

The Dutch manufacturer of electric bicycles, VanMoof, has been declared bankrupt by the Amsterdam court.
VanMoof had branches in several cities around the world, including Paris.
Prices start at 2,300 euros.
In 2021, VanMoof's sales totaled 65.6 million euros, up 16.5% on the previous year
VanMoof's losses doubled to 82.2 million euros in 2021 and around 78 million euros in 2022.
Over the past two years, nearly 190 million euros have been invested in the company by investors.
Since its creation in 2009, VanMoof has sold some 200,000 bicycles, most of which are still in circulation in the Netherlands.
VanMoof had 800 employees before its bankruptcy.

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