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RideApart
RideApart
Sport
Janaki Jitchotvisut

EXPLAINED: This ev motorcycle startup went bankrupt it says its back | Rare Historical Photos

Like the most delicious black forest gateau, the Swedish EV mobility firm CAKE once promised two things: Intriguing design choices and a range of motorbikes and mopeds that truly looked like nothing else. After the company went bankrupt in 2024, only to be rescued by a Norwegian automotive concern a few months later, one could be forgiven for wondering if this CAKE was, in fact, a lie.

(Side note: For US electric mobility enthusiasts, the Florida-based company EMoto evidently bought all remaining stock of the original CAKE's bikes and is still selling them on its website at the time of writing.)

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