Powabyke EV Ltd, the UK based brand of electric powered bikes, have struck a major deal with The Brandsco PLC for exclusive distribution rights in the USA. This continues the fast paced expansion of Powabyke beyond the UK after a series of distribution deals for European territories.
The agreement with The Brandsco PLC promises to be long running and substantial with the first order of 4000 bikes due to be shipped out to the USA.
Powabyke have recently launched their new range of Powabykes inclusive of three brand new Mk2 models in the X-range series. The new range have a bold and distinctive look in polished alloy and they have been developed to a high standard, all with 250 watt motors and sleek lightweight cylindrical electric batteries enabling them to travel self propelled, with the twist of a handlebar mounted throttle, between 10 and 20 miles on a single charge.
Nick Child, Powabyke MD said of the partnership, “I am obviously delighted to secure such a key territory for Powabyke. Last year we presented the new bikes at the Interbike International Bicycle Expo in Las Vegas and both the American public and trade loved our new X-bykes. Electric bikes are increasing in popularity worldwide and particularly in the USA as oil prices continue to rise and people look at alternative means of transport. There is a massive opportunity for Powabyke in the USA and we are confident The Brandsco PLC will achieve great success there.”
Electric bikes have been proven to predominantly be used for commuting purposes in order to avoid fuel and motor maintenance bills and with recent price hikes in fuel the timing of this deal is no coincidence. The unique appeal of the Powabyke bikes in terms of style, price bracket and pedigree will be highlighted by the USA distributor in their sales strategy.
“Extensive research has convinced us that Powabyke will be well received in the USA,” stated Marcus Cassidy, CEO of The Brandsco PLC. “We are delighted to represent the Powabyke brand and the new X-byke clearly represents exceptional value for money. Powabyke will stand out amongst the current electric bike offerings and we intend to emphasise the British theme by introducing the Union Jack Flag to the branding.”
Powabyke are well established in the UK, having been in business for over a decade with a solid network of approximately 400 dealers and over 35,000 electric bikes sold to date. The company is actively pursuing distribution options throughout the world to continue growth.
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Electric bike company Powabyke EV are forging a unique promotional deal with Evans Cycles, the popular chain of bicycle shops in the UK which will be made available to Saga online’s 70,000 registered users and 40,000 Saga newsletter readers.
Two of Powabyke's products are now award winners! The XLS and the Powatryke Cruiser win a five star and four star award respectively at the Mobility Roadshow after testing by Able magazine.