 After numerous manufacturing problems resulting in failed batteries and nonfunctioning scooters, Vectrix's parent company Gold Peak, a Chinese battery manufacturer, decided to close down Vectrix's US facilities.Vectrix intended to maintain its Poland fabrication plant in order to continue to supply parts for its joint venture with Daimler's Smart division.In March 2014 Vectrix filed for bankruptcy again, this time under Chapter 7 for liquidation of the company.