Wonderful World of Scooters
Back in September, Vectrix Corporation and announced a planned October auction after filing for Chapter 11. Nothing concrete was reported until now where GP Batteries has been confirmed as the company which has taken over the Vectrix brand. GP Batteries has purchased the New Vectrix along with some Vectrix Assets with a total value of about $5,056,000. GP has made it public that the deal has been made although it is still subject to approval by the U.S. Bankrupty Court. So expect the second coming of Vectrix, fresh and maybe even badder!
(Source) Examiner
The Wonderful world of scooters, continues to grow in popularity amoung consumers, its expected to outsell motorbikes in China and developing nations by 2010.
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GP Batteries Revives Vectrix - ScooteringUSA
December 28th, 2009 at 12:52 am
[...] had heard of rumors about Vectrix being reborn. We did share with you that they will be running on Lithium-Ion but did not elaborate on which company would be behind it [...]