Sunday, January 22, 2017

Business idea: electric city bike Money.pl

- we are Not on the bike. We want to solve a small problem, says on its activities Piontkovskogo Martin, founder JIVR Bike. His business idea is the world’s first electric folding bike and bezłańcuchowy that interacts with urban infrastructure. Was created in London, but in General is in the city. The project is funded by global investors, and in line for the Russian product line up customers from Western Europe, Brazil, Chile and Hawaii.

to View previous editions of the program “business Idea”.

JIVR Bike is composed of 500 moving parts. Manufacturing of all components and complete installation of one Bicycle takes 2 months. The bike is electric, it can be used as a scooter. A full charge takes 3 hours and allows you to drive around. 30 km After this time you can use a treadle.

the Bike has no chain, we have our own patented system bezłańcuchowy, in addition, is collapsible, so that we can take it on the subway or in the train. Also communicates with the infrastructure, transport and smartphone. We see what is happening with the bike where it is and how fast we move, lists Gregory Piontkovskogo.

the Bike was designed for residents of large Western cities. Price? 2.5 thousand euros. JIVR Bike in full produced in Poland, at the company’s factory in Lviv. – I decided that it would be worthwhile to create it in a place from where I come from. I spoke in a local patriotism – says the founder. The current production team is 10 people.

Where did the idea of such a business? – From the magistracy in London, where he studied entrepreneurship and technology. The idea of the course magisterskiego was to find a major social issue. Together with colleagues we wanted to solve the problem of traffic jams in large cities – says Piontkovskogo.

- we have Not had a bike in the head. We started with scooters, copies segwaya, we thought about the electric car. Only in the end we came to the conclusion that the only product that solves all the problems – bike, he adds.

the Idea originated in 2011. The project took 5 years. First investment was 100 thousand. pounds of funds from the College to create a design, 3D printing model and patenting ideas.

Another investment was the acquisition of 180 thousand pounds from private investors on the construction of prototypes. Piątkowskiemu and his accomplices failed to convince in the idea, in particular, investors with Tesla, PepsiCo, Google, or BMW, who sat on the Board of Directors of the company.

the Money quickly ended. My partners left after getting excellent job offers from Ferrari and Bentley. I’m on my own. I had to get more funding to be able to move this project, – says the inventor.

he Managed to attract another round of funding in the amount of about. 450 thousand pounds. These measures allowed to start production.

the biggest problem in this business? – There is one big problem. The lack of experience in creating this kind of business is probably the biggest problem, but that the Board of Directors and investors who can help me. They built not one business and know what to expect,” says Martin Piontkovskogo.

Competition? – JIVR-not only in the market but is the only one of its kind in this segment. We have created a bike that has collected in itself the best features of different products and offered them at one. We are a company Cycling. We want to solve the problem, and not compete with others in the Bicycle market, – explains the owner.

According to him, the best way to attract customers in this business, social media, direct contact and the Internet.

- Currently, we are engaged in supplying of bicycles in Europe, and we do it personally for a simple reason – if someone was waiting for four years with money order on the waiting list, we want to come shake the man’s hand and thank you personally, explains Piontkovskogo.

the bike started in 2014. Clients have submitted 300 paid orders, which are carried out from November 2016. In the queue waiting for 2.2 thousand recorded customers, not past payments.

the manufactured products of the company is 20 units of bicycles per month. Until the end of 2017, the company wants to increase production capacity to 100 units per month.

the Main markets are Germany and the UK, but order Polish the bike flow down from all over the world, particularly from Brazil, Chile, Canada, the Hawaiian Islands.

- we don’t want to bring the expansion of the country across the country, we want to make is a city in the city – says the owner.

plans for the future of the company is increase in the production and testing of direct sales model in European cities.

you Lead an interesting business?
Email: mieszko.rozpedowski@grupawp.pl

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