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VELLO BIKE+ Connected Multimodal Commuting for Greener Cities

Project description

Make way for a self-charging e-bike

Curbing the rise of pollution rates worldwide hinges on the introduction of innovative micromobility products offering city residents more eco-friendly mobility opportunities. Austrian company VELLO specialises in innovative mobility products and has developed VELLO BIKE+. It is the world’s first self-charging folding e-bike. It runs on a kinetic energy recovery system with super-efficient energy regeneration and real-time environmental sensing and connectivity abilities. The EU-funded VELLO CMC project will bring this bicycle from beta product and production to full-scale production targeting the EU market. The project will maximise the social impact of the product, providing additional options for individual e-mobility, raising application for e-bikes and filling gaps related to multimodal mobility.

Objective

VELLO has designed the world’s first self-charging folding e-bike, VELLO BIKE+. We want to take this product, VELLO BIKE+, from beta product and production to full-scale production for a successful EU-wide roll. We do this by maximising social impact from production to user, and exploiting a 296 MM€ (by 2024) business opportunity. Thus, we are convinced that with this novel e-bike, we can provide additional choices for individual e-mobility with high benefits, bringing more people on bikes, raising the field of application for e-bikes, and at the same time filling important gaps in terms of multimodal mobility. VELLO is an Austrian-based R&D hub and manufacturer of innovative mobility products established in 2017. We have successfully developed a series of innovative solutions in the field of mobility.
It is estimated that 95% of the world’s population is breathing dirty air, which contributes to severe diseases to the lungs and heart. Cities are the biggest contributors. While accounting for only 3% of the earth’s surface, they generate 75% of all carbon emissions. There is a need for decarbonised cities and a wide range of greener micro-mobility products providing city dwellers with more and better choices. Less fossil-fuel driven cars means a reduction in CO2 emission rates.
Folding e-bikes are one of the solutions, but existing ones are heavy, complicated to fold, feel unstable when riding and do not recuperate energy. Moreover, no other existing folding e-bike enables IoT connectivity that would allow the development of new business models and offerings. We have developed the first self-charging folding e-bike that runs on kinetic energy recovery system (K.E.R.S.) with super-efficient energy regeneration and real-time environmental sensing and connectivity capabilities. With this new e-technology, we are currently also the lightest e-bike on the market. Our patented self-charging folding bike benefits users and cities by enabling multimodal commuting.

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Call for proposal

H2020-EIC-SMEInst-2018-2020

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Sub call

H2020-SMEInst-2018-2020-1

Coordinator

VELLO GMBH
Net EU contribution
€ 50 000,00
Address
REINPRECHTSDORFER STRASSE 58-60 / MARGARETENSTRASS TOP 9-11
1050 WIEN
Austria

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Ostösterreich Wien Wien
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost
€ 71 429,00