Great Design in Electric Bicycles: Investors Welcome
[youtube http://www.youtube.com/watch?v=3V3DnBFkUec&w=420&h=315]
The total world market for electric bicycles is exploding, spurred in large measure by the huge urban populations of China, India, Indonesia, Thailand, and the rest of Southeast Asia. Add to that the demand created by a growing eco-conscious consumer in the West, and you have one of the largest and most attractive markets on Earth.
Now consider this: there are a hundred ways to design an e-bike that’s a piece of junk. For starters, it can to heavy, uncomfortable, unreliable, hard to repair, easy to steal, dorky-looking, flimsy, under-powered, short on range, or dangerous.
In this interview, I speak about a company that sports what I believe to be the perfect e-bake design.