Ride-on Scotland operated a fleet of 500 e-bikes in Dundee and Leicester Hundreds of e-bikes have been put up for sale following the collapse of a Dundee-based hire company.
The move comes after provisional liquidators from FRP Advisory were appointed to wind up Ride-on Scotland.
The company’s entire fleet has been put on the market, including 200 e-bikes located in Dundee and 300 at its Leicester base.
Charging systems, software and maintenance systems have also been put up for sale.
Founded in 2018, Ride-on Scotland was bought by Enzen Ltd in 2020. The latest headlines from Scotland
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Dundee City Council and Leicester City Council had awarded contracts to Ride-on to operate the services.FRP Advisory said the business had suffered "unsustainable working capital and cash flow problems" due to a lack of investment.Ride-on and its operations in Dundee and Leicester have now ceased trading and all nine employees have been made redundant.A Leicester City Council spokesperson said it was disappointed that the scheme would not be able to continue as it had "the potential to increase cycling as a preferred form of transport in the city".Joint provisional liquidator Callum Carmichael said: "We will shortly be selling a modern fleet of urban hire e-bikes and infrastructure that would appeal to an existing operator or an entrepreneur looking to enter the growing urban e-bike hire market." Related Topics Dundee City Council Leicester City Council Leicester Scotland business Dundee
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