Babboe: Public prosecutor opens criminal investigation against cargo bike manufacturer. Babboe confirms on its Dutch website that "a criminal investigation has been launched into BabboE's actions in recent years" The manufacturer will work actively and transparently with the authorities.

There are probably tens of thousands more to come in Germany and the Netherlands. Costs probably in the range of 150 million euros, according to an Accell insider. The recall is expected to cost the group up to 150 million euro.