Perhaps you misunderstood my intent. I am retired but have also lived on an Island. In my case a US Territory, St Croix. There are many special circumstances involved in Island living. One I experienced was the difficulty in getting parts for repairs. I didn't have an eBike in those years. I'm not sure why Felix/Feliz is so adamant protecting BionX but doing customer service for 4 years I've had dozens of calls from frustrated owners wanting to buy batteries for replacement only to find out systems were proprietary. ANd the batteries were sold at inflated prices compared to much of the market. I'd think the Cayman might even be more difficult than US territories. Making sustainability important to the eBike owner. Heck getting BionX support or getting anything replaced at reasonable cost from a company embroiled in bankruptcy seems a pipe dream to me. Regardless of how many are claimed to be on shelves, one still has to get them off the shelves and shipped to Cayman. Whereas some of the other major motor builders are far easier to access and have no bankruptcy issues nor are buyers locked into proprietary parts. It seems we tend to want newcomers to embrace whatever decision or purchase we've made. I think that's a mistake and doesn't take into account the buyers location and needs. But as always, YMMV. What do I know...
BionX is a
Canadian maker of
electric motors for
bicycles. Its first motors in the early 2000s, while still named EPS (Electric Propulsion Systems)
[1], were kits for retrofitting
[2]. On February 27, 2018 BionX Canada went into receivership, all 80 employees were let go and the company was shut down temporarily to find a buyer.
[1] Grant Thornton Limited was appointed as Receiver.
[2]
In June 2018, parts of the business were sold off to three other businesses,
[3] and the rest of the company assets were liquidated via online auction that ended August 15, 2018.
[4]
BionX GmbH to cease European operations and liquidat
Published December 6, 2018
HAAR, Germany (BRAIN) — The last of BionX Canada's operating subsidiaries, BionX GmbH, has announced it will close its offices near Munich on Dec. 10 after more than 10 years in business there and an unsuccessful effort to find a buyer. The Canadian e-bike conversion kit supplier entered into receivership in late February and all business activity at its factory and offices in Aurora, Ontario, was suspended as advisory firm Grant Thornton reviewed assets and began searching for a prospective buyer.
It appears they were bought and have a new parent.
We are a group of world-class technology, entertainment and real estate development companies with Thoroughbred horse racing and pari-mutuel wagering at our core.
The Stronach Group (TSG) encompasses five distinct business areas that are inter-related and supportive of each other, enabling TSG to be the most dominant player in the Thoroughbred horse racing industry in the United States, with business relations around the globe.
Our business areas include Technology, Entertainment, Racing, Real Estate Development and Agriculture.
“Horse racing is the last great sporting legacy platform that has not yet fully modernized, we’re doing that.”
– Belinda Stronach, Chairman and President
Hmmmm.....
