CityQ
Cargo bikes for both passengers and cargo is among the fastest growing segment in MicroMobility
• Europe is the hot spot for these trends – both B2B and B2C demand – to reach EUR 10bn by 2030.
• Industry expects 2M units sold annually by 2030 – 1M each for cargo ebikes and family ebikes
• Across Europe there are incentives and refunds on buying cargo bikes (document available)
Unique platform to become a leader in this market
• CityQ is making first platform 4 wheel ebikes – fitting the both cargo and family ebikes (getting ahead in scaling)
• CityQ best on KPIs for B2B cargo bike customers – both for cost/efficiency and functionalities.
• Modular vehicle platform - enabling the fastest and leanest in integration of own and 3rd party innovation
• IKEA-concept for agile and lean assembly. Competitive advantage for entering strategic partnerships, local distributed assembly and addressing niches with customized models
Proven Traction ahead of launch
• Proven traction in key markets - by signing up handful of top tier customers with initial fleet orders. Covers all initial production capacity. And with more than 3000 registered with interest to buy.
• Initial customers signed with either buying the vehicle – or rental/subscription 12-24months.
• Signed partners in key markets to assist with both reselling and serving after-sales market
Upcoming launch and entering growth phase
• Strong team and partnerships securing high matureness and quality upon product launch
• Ready to launch with marginalized product risk.