EPECbike is an affordable electric bicycle alternative that attaches an electrical motor and rechargeable battery to existing bicycles. This provides cyclists with electric bicycle advantages at a fraction of the cost of full electric bikes. The EPECbike team, led by CEO Vladas Valeika, CTO Yieuw Wing Mok, and COO Kitty Ly, plans to first verify their market in the Netherlands, which has a large used bicycle market, before expanding to other urban cities and countries. Their revenue model targets urban residents and everyday cyclists in the closest provinces around Amsterdam.
2. Sustainable, affordable and innovative electric bicycle
alterntive. EPEC bike, provides cyclists with all of the
advantages of the electric bicycle, for fraction of the cost
Problem & Solution
3. Electrical motor capable of providing speeds up to
15km/h with recheargable battery.
Developed to easily attachable on a previously owned
contemporary or traditional bicycle.
Minimal Viable Product
4. CEO Vladas Valeika
CTO Yieuw Wing Mok
COO - Kitty Ly
EPECbike Team
6. With Netherlands having 1,3 per capita bicycles it is a huge
used bicycle market, to address this opportinuty we plan on
achieving our goals with personal assistance/ e-commerce
models for our products.
Revenue Model
7. Total Available Market 84% of the population of the Netherlands
Serviceable Available Market 3 closest provinces around Amsterdam
Serviceable Obtainable Market Urban residents, everyday cyclists.
Target Customer Market
8. - Market
verification.
- R & D
- Mass production
- Expanding
market (urban
cities in NL)
- Expanding market
to 2 other
countries
Financial roadmap