The manufacturer of electric motorcycles CAKE is in difficulties. A year after launching the uniquely designed tools in Israel, CAKE announced that it would not pay salaries, after failing in a recruitment round.
The company, which was founded in 2016 and has since raised 74 million dollars, produces five models, based on quality components from well-known suppliers. A tender for the purchase of the company is expected to be published in the coming weeks and there are already interested parties. There is a large stock of spare parts and if we need to we will be able to reach arrangements with them.