jrhoffman75
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- USA
Based on discussions on Facebook and juiced/reddit it looks like Juiced is going out of business.
I had a Juiced RC for a couple of years that was an excellent piece electric bike. I loved it.Electric.co:
E-bike maker Juiced Bikes appears to collapse amid silence from owners
Pretty bummed about this, as I just purchased a JetCurrent Pro from Juiced [which I LOVE] in June. Contacted Ravi [Zen}, and already have confirmation that they will be able to supply any parts. I made a specific inquiry about 52V 19.2AH battery, which they are waiting for UL approval of.
I want to personally thank you Ravi!When we were in China, many suppliers indicated this. We are still assessing the debt condition with suppliers and in the US.
We will do our best to support the community with safer batteries, motors, and controllers.
Yeah I checked on that too... I read on Reddit that they lost a court case forcing them to pay a considerable amount of money. Not sure of the entire back story to that...Strange as the website is still up and taking orders and my co-worker still gets emails from them about buying a JetCurrent almost daily. I told him don't mess with Juiced because support, be it online or calling, is nonexistent. Knowing Ravi is nice enough to offer parts support should Juiced fail is a slight reassurance. So maybe if the online prices fall to clearance numbers than it might be worth my co-worker to purchase a Juiced.
I got a bike from dost,cant remember which model"Moscow? nice bike I didnt like it sold it for pennies on the dollar,the new owner was pleased with it,sometimes they come through sometimes they dont,would imagine company owners sometimes take too many trips on company dime.Had bad experience with EBC, the owner got real short with me because of a charge back( thought I paid for the dang thing,the price was so good I thought it was scam,back in the day when scams were so prevalent,the owner got so testy I will never buy from them again,oth they sell Ecotric bikes at a good price point(or used to).My only point was.... DOST. We all well remember that $h!t show, still selling bikes without any intention on delivering them. Outside of my bad experience with Juiced I still hope that they somehow pull thru. They are no different than Rad, Lectric, Addmotor and the countless others making inroads on affordable DTC ebikes. Juiced still have/had? a good product at its price point.
Bummer, my wife loves her Juiced CCS. We now both have unserviced bikes we love (mine is a Haibike).Based on discussions on Facebook and juiced/reddit it looks like Juiced is going out of business.
Juice ran out of money, sought funding from a "lender of last resort", Libertas Funding. Libertas purchased Juice's outstanding future Receivables, a deal known as 'revenue funding". Juice didn't pay according to the terms of the agreement. Juice and the lender reached a settlement on a new schedule of payments. Juice did not meet the new payment schedule. Libertas filed suit for payment in full. The court ruled against Juice in the amount of $888K for principal, interest, and attorney's fees.I read the NY Supreme Court judgment amount, but did not see what it was for.