Electric Bicycle — Terrific Design Concept, Business Plan
[youtube http://www.youtube.com/watch?v=4Dx2YbkUcEk&w=420&h=345]
Here, I present a summary of a business plan that would implement a terrific design concept in electric bicycles. I met these folks when I was moderating a panel discussion at the Alt Car Expo in 2009, and I developed an instant attraction for both the people and their idea. In my estimation, the market for low-cost electric commuter transportation in urban environments is poised to go right through the roof in the coming decade or so, driven in large measure by the burgeoning middle-class populations in India and China.