This week in e-bike news, we cover the acquisition of a veteran brand by the owners of an up-and-comer. We also discuss an important recall and lower speed limits on some e-bikes in Washington D.C.
The headlining story is Pedego’s purchase; the brick-and-mortar retailer has been acquired by the same
group that owns Hong-Kong-based e-bike maker Urtopia. Pedego’s CEO hopes the partnership will allow it to expand its physical presence to pandemic-era highs and beyond.
Trek announces a recall on roughly 68,000 bikes with faulty coaster brakes. An online tool can help identify whether your bike is affected—see below.
Additionally, bike share companies Lime and Veo have agreed
to lower the speeds of their rental fleets in the nation’s capital. The goal of this decision is to increase public safety and encourage responsible e-bike use.