Vectrix saved by GP Batteries, new electric scooters in the pipeline

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News is that Vectrix, the electric vehicle manufacturer that filed for bankruptcy last year is back with new investors, the original engineers, and some new designs in the not-too-distant future.

China-based GP Batteries put their money in to the Delaware corporation and bought the majority if their assets for an undisclosed amount and the Vectrix team is now “in the process of reorganizing and relaunching the brand back into the space,” according to Chief Operating Officer Jason Kim.

More: Mobile Magazine

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