This week, AIMA Technology signed a $10 million deal with Tora Harris, founder of Juiced Bikes, that creates a new strategic cooperation agreement between the two bike companies, with AIMA supplying high-tech components and technical support to the growing, US-based ebike maker.
As part of the agreement, AIMA will collaborate with Juiced Bikes at the manufacturing, technology, and brand levels in a mutually beneficial relationship, with the two companies’ future collaborations expected to involve growing the Juiced Bikes brand in US, China, and several other hot ebike markets across Southeast Asia.
"After informative communications with Juiced Bikes, I found that we have shared values," said Su Yuhang, general manager of AIMA Technology's international business. "We are looking forward to working in concert with the US firm in the realms of business and capital in an effort to reduce operating costs and create greater value for both companies."
California-based Juiced Bikes was founded in 2009 by Olympic athlete and Princeton University graduate Tora Harris, and is known for its high-speed, high-power e-bikes and high-value pricing.
Along with their exciting new funding deal, Juiced Bikes also announced a sporty new RipRacer this week (shown, above). The new design is a “fat tire” bike that rides on smaller diameter, 20″ tires for a space-conscious design that more easily fits in cars, dorms, and apartments.
The new RipRacer is available as a 20 mph Class 2 or 28 mph Class 3 ebike that ships with a larger, 52V 15.6 Ah battery with 780 Wh of capacity good for about 55 miles of electric riding. The RipRacer starts at $1,399, offering high-end performance at a budget price. Click here [affiliate link] to learn more.
Source | Images: Juiced Bikes
This week, AIMA Technology signed a $10 million deal with Tora Harris, founder of Juiced Bikes, that creates a new strategic cooperation agreement between the two bike companies, with AIMA supplying high-tech components and technical support to the growing, US-based ebike maker.
As part of the agreement, AIMA will collaborate with Juiced Bikes at the manufacturing, technology, and brand levels in a mutually beneficial relationship, with the two companies’ future collaborations expected to involve growing the Juiced Bikes brand in US, China, and several other hot ebike markets across Southeast Asia.
"After informative communications with Juiced Bikes, I found that we have shared values," said Su Yuhang, general manager of AIMA Technology's international business. "We are looking forward to working in concert with the US firm in the realms of business and capital in an effort to reduce operating costs and create greater value for both companies."
California-based Juiced Bikes was founded in 2009 by Olympic athlete and Princeton University graduate Tora Harris, and is known for its high-speed, high-power e-bikes and high-value pricing.
Along with their exciting new funding deal, Juiced Bikes also announced a sporty new RipRacer this week (shown, above). The new design is a “fat tire” bike that rides on smaller diameter, 20″ tires for a space-conscious design that more easily fits in cars, dorms, and apartments.
The new RipRacer is available as a 20 mph Class 2 or 28 mph Class 3 ebike that ships with a larger, 52V 15.6 Ah battery with 780 Wh of capacity good for about 55 miles of electric riding. The RipRacer starts at $1,399, offering high-end performance at a budget price. Click here [affiliate link] to learn more.
Source | Images: Juiced Bikes
