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August 10, 2016
Fastest Growing E-bike Company Has 85 Pedego Stores, the Most in the Industry
Pedego was founded in 2008 by Don DiCostanzo, CEO, 59, and Terry Sherry, 60, two best friends who loved cycling but hated hills — and designed their first bike on a cocktail napkin.
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Pedego is the fastest-growing electric bike company in the United States according to Navigant
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“The Pedego team is devoted to delighting their dealers and customers with the Pedego lifestyle of fun, exercise and fresh air, which has led to Pedego being the fastest-growing electric bike brand in the U.S.,” said Pedego CEO and co-founder Don DiCostanzo.
According to Navigant, electric bicycles are the highest-selling electric vehicle on the planet, with a nearly 35 million unit sales forecast worldwide for 2016. In North America, electric bikes are hitting the big-time with 152,000 units expected to be sold in 2016. Click here for Navigant’s overview on Pedego and an executive summary of the report.
Pedego Electric Bikes, the fastest growing electric bicycle company in the United States, manufactures 10 high-quality, innovative models, including cruisers, tandems, commuters, fat-tire bikes, mountain bikes, cargo bikes and a convenient electric folding bike. Sold at 85 Pedego-branded stores and hundreds of independent electric bike dealers worldwide, Pedego’s stylish “pedal or not” electric bikes boast powerful, whisper-quiet motors that let riders sail up hills and breeze through headwinds with a smile. Available in hundreds of color combinations, Pedego electric bikes deliver a green alternative for transportation, exercise and recreation — transforming lives with fun and delight. Founded in 2008, Orange County, California-based Pedego inspires riders to say, “Hello, Fun!”