Lectric eBikes was based in 2019 with the assistance of (*30*) father, Brent Conlow, who drew on retirement funds to assist kickstart the dream of an inexpensive, accessible ebike. The preliminary prototype was unsuccessful, however Levi and Robby leaned into the collected knowledge and suggestions of a number of generations to enhance. Their redesign, constructed so everybody may experience, resulted in gross sales of $1 million in simply three weeks. The pair of entrepreneurs shortly discovered that, whereas the individuals helped make the bike, in the long run, the bike helped make the individuals. Stories of newfound freedom and elevated mobility poured into the Lectric eBikes makeshift headquarters, crystallizing the model’s motive for the experience. In a market the place most ebikes had been being bought for 1000’s of {dollars}, the corporate’s opening value level of $999 was additionally trade shattering.
“The core group of original Lectric eBike owners not only informed the design of our ebikes, but also the entire trajectory of the brand,” mentioned Levi Conlow, Co-Founder and Chief Executive Officer of Lectric eBikes. “I can’t overstate their role or the degree of trust they placed in a couple of twenty-somethings to deliver a high-quality ebike at an honest price. I measure company success by our ability to empower our customers’ adventures, in addition to the number of Lectric eBikes out there changing lives. Our best days—and theirs—are still ahead as we continue to grow and learn.”
The firm achieved gross sales of over 100,000 ebikes final month, which was one other unprecedented milestone. Meanwhile, buyer advocacy stays one of many high benchmarks, if not a catalyst, for Lectric eBikes. As such, the co-founders have taken a little bit of fatherly recommendation to coronary heart over the previous two years.
“From the beginning, Brent Conlow’s vision was to make every customer an extension of our brand,” mentioned Robby Deziel, Co-Founder and Chief Innovation Officer at Lectric eBikes. “We’ve obsessed over the overall global customer experience, from the product’s design features and functionality to maintenance and service. One of the outgrowths of that approach is this incredible, authentic community of riders. Every customer that purchases an ebike becomes part of the Lectric family and joins us for the ride of lifetime.”
“If there was a Forbes 60 Under 60 list, my dad Brent would be on it,” mentioned Conlow. “Robby and I are grateful we were able to pay him back for that initial investment. It seems to be working out well for him now.”
ABOUT LECTRIC eBIKES
Lectric eBikes is likely one of the quickest rising electrical bike corporations within the nation. Its flagship XP 2.0 is exceptionally designed so that everybody can experience, delivering all of the high-quality options of an elite ebike, supplied at an inexpensive value.
SOURCE Lectric eBikes