24-year-old founders of Lectric eBikes see 90% enhance in gross sales amid COVID-19
Lectric eBikes exploded onto the electrical bike scene in Might 2019 when 24-year-old co-founders and lifelong pals Levi Conlow and Robby Deziel acknowledged a market hole for high-quality e-bikes at an inexpensive value. Barely a 12 months later, the Lectric XP bike has over 10,000 purchases and earned Electrical Bike Evaluation’s High Alternative Award for Best Folding Electric Fat Tire Bike of 2020. The corporate is anticipated to hit $12 million in gross sales by its first anniversary on Might 30, 2020.
A study from Deloitte predicted that between 2020 and 2023, there will probably be 130 million electrical bikes bought all over the world. With issues about public transportation changing into a hotspot for contracting coronavirus and modifications in how the general public will get round, Lectric eBikes has seen a 90% enhance in gross sales for the reason that week of March 15.
“Our prospects have been saying that e-bikes are a fantastic possibility for the brand new coronavirus-era way of life,” says Conlow. “The dramatic enhance in gross sales exhibits that nationally, individuals need to shift how they get round. It’s additionally a implausible possibility for these seeking to socially isolate whereas getting recent air exterior.”
Lectric eBikes’ Lectic XP bike consists of unbeatable product highlights, akin to folding to lower than half its dimension, arriving absolutely assembled, reaching as much as 28MPH, all-terrain fats tires, 25- to 50-mile vary and LCD pc show, all at simply $899.
“Along with consolation and comfort, we need to provide our prospects a product that doesn’t forgo high quality at an trade shattering value and with out hidden charges,” says Deziel. “Now greater than ever, we really feel that getting an electrical bike needs to be attainable for everybody.”
To offer again to the neighborhood throughout these unprecedented instances, Lectric eBikes will probably be donating 8,000 KN95 masks to healthcare staff in Arizona, the place the corporate’s founders dwell. Moreover, the group has partnered with the Houses on Wheels Alliance to sponsor two buildouts. Houses on Wheels Alliance is a 501©3 nonprofit group that strives to assist construct protected and safe houses on wheels for many who are going through monetary difficulties.
Lectric eBikes ships nationwide and presents free delivery to all states, excluding Alaska and Hawaii. For extra details about Lectric eBikes, go to lectricebikes.com.