Ok, was finally able to patch successfully to 0.16.0.1 without any issues after a couple of tries. Ended up deleting the install directory and deleted the app data directory before the successful attempt.
On Windows 10:
Deleted the C:\VirtuGo directory
Deleted the C:\Users\USERNAME\AppData\LocalLow\VirtuGO ApS\ directory
Will try riding in next day or two.