Pole Bicycles has to file for insolvency
Just a few weeks ago, it was announced that Pole Bicycles was setting up a factory racing team with Dan Slack and Onni Rainio. However, this will probably come to nothing, as the Finns have to file for bankruptcy. In the clip from Rob Rides EMTB, company founder Leo Kokonnen explains the reasons for the financial situation.
Pole was an initiator of geometries with a very long reach, slack head angle and therefore a long wheelbase, as well as a steep seat angle. This geometry update brought significantly better downhill qualities, while at the same time being suitable for uphill riding. Pole relied heavily on frames milled from aluminum blocks, which were produced in Finland. With the Voima and Sonni models, Pole also has two e-mountain bikes in its range that are not stingy with suspension travel.
Depending on the insolvency proceedings, a company can be relaunched and the company can be continued as a whole or the intellectual property can be bought up and continued to be used. It would be a great pity if Pole Bicycles' independent designs were to disappear from the market.
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