E-motorcycle brand CAKE went bankrupt. Here’s how they’re planning a comeback
Everyone loves a good comeback story. Rocky. The Karate Kid. CAKE? That’s right, the Swedish electric motorcycle company is preparing to rise again.
In a new announcement, CAKE said the final chapter of its stylish electric motorcycle saga has yet to be written.
After the brand filed for bankruptcy in February on the heels of its investors pulling back, now new life may be breathed into the company.
The Norwegian automotive company Brages Holding AS has apparently acquired the brand and all of its intellectual property. Now we’ve learned that a small team has been to set plans for CAKE’s future.
“As a car retailer in Norway, we have witnessed how fast the electrification shift can go when people set their minds to it,” explained Brages owner Espen Digernes. “Now, we believe the transformation in the micro-mobility sector will accelerate as well. Not only for motorbikes, but also for scooters, mopeds, and electric bikes. When we first connected with CAKE as a retailer, we fell in love with their products, the design, the craftsmanship, and the story behind CAKE. Our goal in acquiring CAKE was to evolve the brand. We aim to scale CAKE by building a robust retailer distribution network and transforming a remarkable Swedish initiative into a Scandinavian success.”
The company continued, saying that a business plan for the new CAKE has been crafted since the acquisition.
“This plan is an ambitious quest to lead the premium electric two-wheeler segment in targeted markets,” the company continued. “At the same time, we aim to sustain the passion and enthusiasm for the brand through our CAKE team and the devoted community of riders.”
CAKE began making waves in the world of two-wheeled electric mobility all the way back in 2016. The company’s mission was to inspire a shift towards zero-emission societies by creating high-performance electric motorcycles that combined sustainability with innovative design.
CAKE’s most notable model was the Kalk, a line of lightweight electric motorcycles designed for off-road and urban use. The Kalk series, which included models like the Kalk OR, Kalk&, and Kalk INK, showcased the company’s commitment to merging various riding styles with minimalist Scandinavian design.
These bikes were engineered with precision, featuring robust yet lightweight materials such as aluminum and carbon fiber, which contributed to their impressive performance and range, not to mention the distinctly Swedish styling.
Over the years, CAKE expanded its lineup to include the Ösa, a versatile utility bike that could be customized with various accessories to suit a wide range of uses, from commuting to cargo transport.
CAKE was known for focusing on both its engineering and sustainable practices, pushing the boundaries of what electric motorcycles could achieve in a novel form factor while remaining focused on sustainability. It was a move that appealed to both environmentally conscious riders and those seeking performance in their dirt bikes and urban mopeds, though the brand’s higher prices for comparatively lower performance meant that the design and sustainability features were also a major part of the value proposition.
Now with a comeback potentially on the horizon, we may no longer have to write about CAKE in past tense.
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Climate XChange’s 9th Annual EV Raffle is your chance to win the electric car of your dreams – from Rivian to Tesla to Porsche and more!
But don’t wait, because there are only 5,000 tickets available!
Imagine getting to custom order your perfect EV, with every detail just the way you want it, up to $120,000, and with all taxes covered. That’s what the Grand Prize Winner gets to do – and you could be that winner.
How it works
Enter at CarbonRaffle.org/Electrek. Every ticket you buy is one entry to win. Climate XChange is only selling 5,000 tickets, which means your odds are better here than most internet sweepstakes! Plus, you can feel good knowing your ticket supports an amazing cause: pushing for state-level climate action and advancing the transition to a zero-emissions economy.
The prizes
- Grand Prize: Custom-built EV of your choice, valued up to $120,000, with all taxes covered.
- 2nd Place: $12,500 cash.
- 3rd Place: $7,500 cash.
- Early Bird Prize: Buy your ticket before December 31, 2024, and you’ll also be entered to win $10,000 on January 3, 2025.
That’s two drawings for the price of one ticket – and four chances to win big!
Why enter?
Climate XChange has been making dreams come true for nearly a decade. Last year’s winner drove off in a custom red Tesla Model X Plaid, and you could be next! Climate XChange takes fairness seriously: It prints every raffle ticket stub and live-streams the entire drawing process, ensuring transparency. Independent auditors oversee everything, so you know the drawing is legit.
Who is Climate XChange?
Climate XChange (CXC) is a nonpartisan nonprofit working to help states transition to a zero-emissions economy. It advances state climate policy through its State Climate Policy Network, connecting over 15,000 advocates and policymakers, and through its State Climate Policy Dashboard, a leading data platform for tracking climate action across the US.
Get your ticket today
Visit CarbonRaffle.org/Electrek to grab your ticket. Limited tickets are available – remember, Climate XChange is only selling 5,000 tickets – so don’t miss your shot at an electric future!
Climate XChange EV Raffle rules summary
- Must be 18 or older to enter.
- Tickets are available at CarbonRaffle.org/Electrek.
- Only 5,000 tickets will be sold.
- Early Bird Drawing on January 3, 2025.
- Grand Prize Drawing on February 28, 2025.
All proceeds support Climate XChange’s work to push for ambitious climate policy – so even if you don’t win, you’re still making a difference.
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China just connected its largest single-capacity solar farm built on a former coal mining area, which is in the Gobi Desert, to the grid.
The Mengxi Blue Ocean Photovoltaic Power Station, located in Otog Front Banner, Ordos, Inner Mongolia, came online on November 5. With a massive installed capacity of 3 gigawatts (GW) and over 5.9 million solar panels, the plant will generate around 5.7 billion kilowatt-hours of electricity annually – enough to power 2 million households.
This huge project will save about 1.71 million tons of standard coal each year and cut carbon dioxide emissions by roughly 4.7 million tons, which is equivalent to planting 62,700 hectares (around 155,000 acres) of trees.
Built on coal mining subsidence land, Mengxi Blue Ocean is part of China’s national West-East Electricity Transfer Project, which brings investment and development to western China west while supplying the growing need for electricity in the eastern provinces.
The solar farm includes the country’s first large-scale outdoor solar testing base in the Gobi Desert climate, demonstrating the potential for large solar installations in challenging environments.
The power station makes use of new rare earth alloy grounding materials, cutting costs by 40%. It also replaces traditional concrete foundations with steel to minimize impact on the local grassland ecosystem.
Chuang Xihong, deputy director of the Engineering Construction Department of Guodian Power Group, CHN Energy’s parent company, explained that Mengxi Blue Ocean is an agrivoltaic project as well [via PV Tech]:
Fine forage and sand-fixing plants are planted under the PV modules, providing grazing for Australian White Sheep and chickens. A composite ecological development model will be established where PV power generation and breeding will go hand in hand.
Read more: China powers up the world’s largest open-sea offshore solar farm
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