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more than 1 month ago
August 10, 2016
Fastest Growing E-bike Company Has 85 Pedego Stores, the Most in the Industry
FOUNTAIN VALLEY, Calif., Aug. 10, 2016 — Pedego® Electric Bikes was named the Number 1 electric bike brand sold in the United States, according to a new report from Navigant Research.
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.
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About Pedego
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!”