New Zealand Based EV Bike Maker UBCO Is Close to Bankruptcy
Hello, friends of all things electric! Today on EVPedia, we’re diving into the bittersweet story of UBCO, the New Zealand-based e-bike maker once known for its rugged and versatile 2×2 all-wheel-drive bikes. Despite raising $70 million in funding and securing a high-profile deal with Australia Post, UBCO has entered receivership, suspending operations and letting go of its entire team.
What went wrong? From debt owed to Callaghan Innovation to the harsh realities of the e-mobility industry, we’re breaking it all down. Will UBCO follow in the footsteps of other struggling startups, or could it find a second chance like CAKE? Share your thoughts in the comments below!
Don’t forget to hit that like button and subscribe for more stories about the triumphs and struggles in the world of electric vehicles. Stay tuned for updates on UBCO and the EV industry!
#UBCOReceivership #NewZealandEBike #EVStartupStruggles #UBCO2x2Bikes #EMobilityChallenges #EVPedia #ElectricBikeIndustry #AustraliaPostEBikeDeal #GrantThorntonReceivership #EbikeStartupFail #UBCODebtCrisis #FutureOfUBCO #EVStartupSuccessAndFailure #CAKEEBikeRecovery #UBCO2025News
Thanks for watching—stay curious and see you in the next EVPedia adventure!
For business inquiry kingly reach out – hsranguni@gmail.com
Copyright Disclaimer
This video is made available under the doctrine of Fair Use as outlined in Section 107 of the Copyright Act of 1976. The use of copyrighted material in this video, including but not limited to music, video clips, and images, is for educational, commentary, or transformative purposes and does not infringe on the original copyright holder’s rights.
All Rights Reserved:
All trademarks, logos, and content featured in this video are the property of their respective owners. No claim of ownership is made over third-party content.
Attribution:
Where applicable, credit for third-party content has been given in accordance with applicable laws, including licenses under Creative Commons or other licensing agreements.
Music & Media Usage:
All music, video clips, or images used in this video are either licensed, fall under public domain, or are used with permission. If you hold the copyright to any material featured in this video and believe that your rights have been violated, please contact us at [your email/contact information], and we will promptly address the issue.
Legal Notice:
The opinions expressed in this video are those of the creator and do not necessarily reflect the views of any affiliated entity. This video is not intended to harm, defame, or infringe upon the rights of any individual or organization.
credits to – insideevs.com and motor1.com also rideapart.com
