Company Research Report: Lectric eBikes
Company Overview
Name:
Lectric eBikes
Mission:
Lectric eBikes is committed to making electric bikes accessible and affordable to more people while providing eco-friendly and cost-saving transportation. They aim to revolutionize how people move, live, and thrive with a focus on creating opportunities and enhancing life experiences.
Founded:
Lectric eBikes was founded in 2019.
Founders:
The company was founded by Levi Conlow and Robby Deziel.
Key People:
- Levi Conlow: Chief Executive Officer (CEO)
- Robby Deziel: Chief Innovation Officer (CINO)
- Brent Conlow: Chief Experience Officer (CXO)
Headquarters:
Lectric eBikes is headquartered in Phoenix, Arizona.
Number of Employees:
No information is available.
Revenue:
No information is available.
Known For:
Lectric eBikes is known for its popular and affordable electric bike model, the Lectric XP, which is the third most popular electric vehicle in America behind Tesla Model 3 and Model Y.
Products
Overview:
Lectric eBikes offers a variety of electric bike models tailored for different needs such as commuting, off-road adventures, and cargo transportation. All eBikes feature foldability, making them convenient for storage and transport.
Product Line:
1. XP 3.0 eBike
- Type: Foldable Electric Utility Bike
- Key Features:
- Hydraulic brakes
- 1000W peak motor with 55Nm torque
- Pedal Assist Wattage Regulation (Lectric PWR™)
- 48V lithium-ion battery
- Foldable design
2. XP Lite 2.0
- Type: Foldable Electric Commuter Bike
- Key Features:
- 819W peak motor
- Lightweight (49 lbs)
- Five levels of pedal-assist
- Color LCD Display
- Available with long-range battery
3. XPedition 2.0 Cargo eBike
- Type: Electric Cargo Bike
- Key Features:
- Payload capacity of 450 lbs
- 1310W peak motor
- Torque sensor for efficient pedal assist
- Courier 50 suspension fork
- Color LCD Display
4. XPeak 2.0 eBike
- Type: Off-Road Electric Bike
- Key Features:
- 8-Speed Shimano Shifter
- Torque Sensor
- Battery capacity up to 20Ah
- Engineered for adventure
Additional Features:
- Fast, free shipping
- One-year warranty
- Tool-free assembly
Recent Developments
New Products Launched:
- XPeak 2.0: An upgraded version of their off-road series with enhanced features for adventure riders.
- XPedition 2.0: Redesigned cargo eBike with increased payload capacity and improved features.
- XP Lite 2.0: Recently upgraded version with more advanced components and technology.
New Features Added:
- Hydraulic brakes and Lectric PWR™: Added to the XP 3.0 model.
- Torque Sensor and dual-spring suspension in the XPedition 2.0: Enhances riding experience and control.
- Color LCD Displays: Added across various models for better user interface and information access.
Partnerships and Philanthropy:
- Collaborated with international organizations for charitable projects like rebuilding homes in Khayelitsha, supporting Hopi Tribe with clothing, and providing shoes to children lacking resources.
- Sponsored students at Grand Canyon University through the Fostering Futures program.
- Participated in community outreach programs such as St. Mary’s Food Bank and The Great Cycle Challenge, raising funds for children's cancer research.
No new significant partnerships were announced during the current review period.
Conclusion
Lectric eBikes continues to innovate and expand its product offerings to cater to diverse customer needs while maintaining affordability and a commitment to community service. With a strong product lineup, notable philanthropic efforts, and a focus on quality and customer satisfaction, Lectric eBikes holds a significant position in the electric bike market.
