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Podbike
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==Idea== <vimeo>694771261</vimeo> Driving cars cause congestion and pollution. With an estimated 70% of the population living in cities by 2050, it is likely to get worse. 50% of all car trips are shorter than 5km and most of these can easily be replaced by cycling. E-bikes are increasing in popularity but Podbike believes they suffer shortcomings as a real alternative for cars in daily life. Designed to benefit from bike lane access, its 4-wheeled and fully covered e-bike comes with room for cargo or a child. It can offer an attractive, practical, safe and sustainable alternative for your daily commute. Podbike aims to redefine urban mobility by making cycling attractive - every day and in any weather. In 2020, 1 in 4 small vehicles sold in Europe were e-bikes with almost 2 million sold in Germany alone. E-bike sales have a forecasted annual growth of 14% over the next 10 years. The global market for small format (2-3 wheel) EVs is expected to be β¬132bn in 2022. Weβve built a business ready for rapid scaling by taking advantage of current trends around urbanisation, sustainability and green mobility. Its first product FRIKAR will retail at β¬6,250/ea plus tax/duties once it is launched. The proceeds for this round will be invested in 3 key areas: # Growth and market expansion # Business infrastructure & optimisation # Further development of product portfolio and digital ecosystem
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