Velotric raises $12m, e-bike startup led by industry veterans

[Asher]

This e-bike brand by Lime and Didi vets pedals into the US with $12M raised | TechCrunch

Velotric has been selling bikes through direct-to-consumer channels like its website but is increasingly tightening ties with independent bike dealers.

techcrunch.com

I wouldn't buy one if I were in the market just yet, but they seem promising. Would like to see 750w, 52v, torque sensor, 9 speed version of their commuter bike. The frame and wheels look great though.

 

[Jacko]

The bikes seem like a great value. The company is run by pros who know their stuff and should be very competitive in the booming E-bike business.