Onyx Motorbikes Revs Up Again: A Story of Resurrection and Revival

In a surprising turn of events, Onyx Motorbikes, a company that was left in shambles after its owner’s sudden passing, has been revived by its original founder, Tim Seward. This development comes a year after James Khatiblou’s death, which left customers with unfulfilled orders and millions in unpaid debts.

A New Chapter for Onyx Motorbikes

Seward, who designed e-bikes for Bird and Ubco, announced the revival of Onyx Motorbikes on LinkedIn, stating that he has “resurrected” the brand with the help of new investors. The company is starting small, selling only about 100 RCRs electric dirt bikes to begin with.

A Turbulent Past

Onyx Motorbikes was founded by Seward in 2016, and its first e-bike, the RCR, gained a cult following for its unique design and powerful capabilities. However, after Seward sold his stake in the company to Khatiblou in 2019, Onyx Motorbikes faced a series of challenges. Khatiblou’s decisions led to a web of legal and financial troubles, including unpaid debts and unfulfilled orders.

Unpaid Debts and Uncertain Futures

One of Onyx Motorbikes’ creditors, Oxygen Funding, claims that it is owed $2.2 million in debt. The company’s petition to control Khatiblou’s estate is still pending, and it remains to be seen how Onyx Motorbikes’ revival will affect its creditors.

A New Beginning

As Onyx Motorbikes starts anew, it’s clear that the company faces a long road to recovery. However, with Seward at the helm and a new team of investors, there is hope for a brighter future. Whether Onyx Motorbikes can regain its former glory remains to be seen, but one thing is certain – the company’s revival is a testament to the power of perseverance and determination.