The latest product from GOVECS combines environmentally conscious driving pleasure with modern design and suitability for everyday use. The ELMOTO - a new vehicle category between bicycle and motorbike.
Munich, 6 November 2018 – Die GOVECS Group (“GOVECS”), the leading manufacturer of e‑scooters in Europe, is poised to introduce new mobility solutions for delivery services at this year’s motorcycle trade fair EICMA scheduled to be held in Milan from 6 to 11 November. GOVECS has further developed its well-known transport scooter GO! T in cooperation with technology partner Bosch. Two additional e-scooter models will be marketed in 2019, namely the ELMOTO “HR-4" and the “Flexy”. Customers stand to benefit from intelligent infrastructure concepts and an all-round care-free package available.
Press Release and ADHOC Release
Munich, 26 October 2018 – GOVECS AG (“GOVECS”), leading manufacturer of e-scooters in Europe, has entered into a licence arrangement with BMW AG (“BMW”). According to the agreement, GOVECS will be licensed to use a pending patent safety technology developed by BMW for two-wheelers. Based on these intellectual property rights, GOVECS plans to develop and produce an innovative e-scooter of the performance categories L1e and L3e with special safety features. Thanks to the unique safety concept, GOVECS’ aim is to allow this scooter to be exempt from mandatory helmet use. In doing so, GOVECS will develop a completely new product segment with high market potential both in the sharing segment as well as in the end-customer market. The market launch of the planned new e-scooter model is envisioned for the year 2021.
Munich, 18 October 2018 – GOVECS AG ("GOVECS") has signed a purchase agreement with the Spanish motorcycle manufacturer Rieju S.A. The object of the contract is the acquisition of a new electric scooter model that GOVECS will further develop. The new model is expected to be launched under the name "FLEXY" already in the second quarter of 2019 and will thus contribute to sales growth in the financial year 2019. With the new FLEXY e-scooter, GOVECS complements its product portfolio with an e-scooter model in the mid-price segment. Thanks to their modular design, the FLEXY e-scooters are suitable for all GOVECS target groups, whether sharing providers, delivery services or end users.
Munich, 2 October 2018 – GOVECS AG (ꞌGOVECSꞌ), leading manufacturer of e-scooters in Europe, continues to ramp up its expansion with its own HappyScooter retail platform. At the INTERMOT, Germanyꞌs largest and most important trade fair for motorbikes and scooters, the Munich-based manufacturer of high-performance e-scooters celebrates the launch of the first online platform exclusively for e-scooters. With this important strategic step, GOVECS consolidates its entire sales activities in the dynamically growing B2C market. The medium-term goal is for HappyScooter to become Europe’s leading platform for e-scooters. The next move is the market entry into the B2C segment in the Netherlands; this is projected to take place before the end of Q4 2018.
Munich, 25 September 2018 – GOVECS AG (“GOVECS”, “the Company”), the leading manufacturer of electric scooters in Europe, is continuing its Europe-wide expansion course in the rapidly growing market for intelligent e-mobility solutions and has signed a letter of intent with a UK company regarding the delivery of 6,000 e-scooters for the London shared-vehicles market. The letter of intent includes the potential order of 3,000 e-scooters (Schwalbe) in 2019 and a further 3,000 in 2020. All the e-scooters are to be used in a shared-vehicles system in London.
Munich, 19 July 2018 – The GOVECS Group (“GOVECS”), the leading manufacturer of electric scooters in Europe, has bought all assets of the ELMOTO brand from the company ID-Bike GmbH (“ID-Bike”). Stuttgart-based ID-Bike is an inventor and manufacturer of light-weight electric motorcycles. The acquisition allows GOVECS to expand its product range with additional e-scooter models, and it is consistent with the strategy of strengthening its position in the high-growth end user market.