Product News Briefs: Cake Crumbles While VanMoof Revives

two e-scooters on product display

Innovative Light Electric Vehicle Brand Cake Files for Bankruptcy Electric motorcycle startup Cake filed for bankruptcy February 1, Cake CEO Stefan Ytterborn has confirmed. We previously reported about some of Cake’s light electric vehicle products here and here.More recently, in October 2023 we announced here that Sydney-headquartered Deus Ex Machina had agreed to become the…