Oliver Bruce and Horace Dediu β€’ Investing, Business

Episode Summary

At Micromobility America, James Gross and Levi Conlow, CEO of Electric Bikes, discuss the company's rapid growth to become the #1 ebike seller in the US. He also shared insights into the ebike market, Lectric's DTC strategy, plans for new products, and the need for industry regulation while also being concern with some of the current legislation being pushed. 🚲 Lectric sells over 150,000 electric vehicles annually, that is more than any US vehicle company besides Tesla πŸ“ˆ Despite industry downturn, Lectric still seeing double digit growth βš™οΈ Focused on high quality, low cost bikes rather than maximizing margins πŸ›’ Committed to DTC as it provides valuable customer feedback πŸ†• Excited about upcoming partnerships and new wider wheelbase models 🀝 Sees need for more industry regulation to protect consumers πŸ«‚ With influence comes responsibility - brands can drive positive change
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