Tag: Hövding

The bicycle was introduced in the 19th century in Europe by German Inventor Karl von Drais. He is credited with developing the first bicycle. He introduced it to the people in Paris in 1818. It is supposed to originate from the human-powered vehicle called Draisines. Drais invented a walking machine that would help him get around the royal gardens faster. It was known by many names, including the “velocipede,” “dandy horse,” “hobby-horse,” “draisine” and “running machine. It had no pedals and its frame was a wooden beam. It had two same-size in-line wheels with the front one steerable and mounted in a frame which was straddled. In 1839, Kirkpatrick MacMillan, a Scottish blacksmith, allegedly completed construction of a pedal driven…

  Hövding, the innovative Swedish company renowned for its futuristic inflatable bike helmets, found itself in dire straits as it filed for bankruptcy at the close of 2023. In a statement posted to its website, the board of Hövding Sverige AB announced that it had submitted a bankruptcy application on 21 December 2023 to the Malmö district court. “The reason for the bankruptcy filing is that on 1 November 2023, the Swedish Consumer Agency imposed a temporary sales freeze on the company and then on 15 December 2023 announced a permanent sales freeze and recall for the product Hövding 3,” the statement read. image credit: hovding Hövding Launched Appeal Hövding, which disagreed with the Consumer Agency’s decision, launched an appeal…