The Lithuanian company develops and offers a wireless e-bike conversion kit. The innovative product allows turning any bike into an e-bike fast and without adding any wires. The SME is seeking to grow product sales under its own brand abroad more and therefore is looking for trade intermediaries in Germany, Belgium, the Netherlands, Denmark, Italy, etc. to work under commercial agency agreements and/or distribution services agreements.
The Lithuanian company develops and commercializes wireless e-bike conversion kit. It has the batteries, motor, and electronics all combined in one powerful package. The product is very user-friendly - allows to turn any bike into an e-bike without adding any wires. The company started running in 2013 when the very first product has launched. Since then, the company has managed to progress and develop a new version of the e-bike kit. The base kit of the product includes the main unit, one battery, charger, wireless sensor, mounting bracket. The product boasts a wireless cadence sensor that helps convert any bicycle into an electric vehicle without adding a single wire. The crank-mounted cadence sensor connects to the product, which is sitting on the back wheel, via a Bluetooth low-energy chip and tracks your pedaling parameters in real-time, providing electric-assist automatically, when required. The product is engineered to provide urban cyclists with the ultimate convenient riding experience. Its patented quick-release lock technology enables the product to be installed and detached one-handedly, in just one second. This brilliant simplicity makes the product one of the easiest to install conversion kits on the market, saving cyclists hours of installation time and wiping out installation costs. The company aims to become known globally as the perfect solution for commuters on bikes and a reliable brand. Therefore it is looking for partners (agents, distributors, retailers) in the bicycle-related sector, to bring its product into new markets. The markets include but are not limited to Germany, Belgium, the Netherlands, Denmark, Italy. Commercial agency agreement and/or distribution services agreement are appropriate forms for cooperation.
Type (e.g. company, R&D institution…), field of industry and Role of Partner Sought:
The company is looking for partnerships with agents and distributors in the bicycle industry, who will introduce the product to new markets (Germany, Belgium, the Netherlands, Denmark, Italy, etc.) and will cover sales there. Cooperation under commercial agency agreement and distribution services agreement is offered. Long term cooperation is preferable. Note: the SME is not interested in private label agreements. The company can assist with marketing material, FAQ (frequently asked questions), warranty service (if needed).
Stage of Development:
Already on the market
Comments Regarding Stage of Development:
Export 90 % currently.
Comments Regarding IPR Status:
The company owns a fast-growing brand. It is not interested in private label agreements.