Tag: Lastenrad Insolvenz
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Green Dream Factory Falls Apart: The Cargo Bike Disaster of Plauen
The next insolvency. Not a global corporation this time. But a symbol. In Plauen, VOWAG GmbH files for insolvency—a manufacturer of electric cargo bikes founded in 2020, in the midst of the great transformation frenzy. The project stood for everything that defines the green republic: subsidized production. Subsidized demand. A politically engineered product. And now? Ruins. A product straight out of the funding catalog: electric cargo bikes with up to Read more