Pedego Electric Bikes Opens Its First Store in Connecticut; Pedego SoNo Is Pedego’s 86th Store Worldwide

Ribbon Cutting and Grand Opening celebrates Pedego’s first store in Connecticut

FOUNTAIN VALLEY, Calif., Aug. 24, 2016 — Fun is rolling into South Norwalk (SoNo) with the opening of the first Pedego® Electric Bikes store in Connecticut, which is Pedego’s 86th store worldwide. Owners Mike and Jen Heslin will host Pedego SoNo’s grand opening with a ribbon cutting featuring appearances by local VIPs on Friday, Sept. 1, with celebrations continuing into Labor Day Weekend. Refreshments will be served, and the public is invited.

“Pedego bikes make me want to ride everywhere, every day!” said Mike. “It makes me feel like a kid again.” The Heslins, who discovered Pedego while on vacation, are excited to share the pleasure of these chic, powerful electric bikes with SoNo residents and visitors.

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The Grand Opening festivities will include a ribbon-cutting ceremony, prizes, refreshments, an electric bike group ride, free test rides, rental discounts and more.

THE PUBLIC IS INVITED TO JOIN THE GRAND OPENING CELEBRATION

WHAT:         Grand Opening Celebration kicks off with ribbon-cutting hosting local VIPs including Norwalk Mayor Harry Rilling

WHERE:       Pedego SoNo, 50 Water Street in South Norwalk

WHEN:         Thursday, Sept. 1, 2016, 10:00 a.m.–6:00 p.m. Ribbon Cutting at 2:30 p.m.

Friday and Saturday, Sept. 2 and 3, 10:00 a.m.–6:00 p.m., free test rides, free group ride, raffle and refreshments

WHO:           Mike and Jen Heslin, co-owners of Pedego SoNo, and Cassidy Castleman of Pedego Corp.

With cruisers, commuters, mountain bikes, folding bikes and even a fat-tire bike that glides through snow, Pedego SoNo is sure to delight the community,” said Pedego Electric Bikes CEO and co-founder Don DiCostanzo.

About Pedego SoNo

Pedego South Norwalk (SoNo) is the region’s premier dealer in Pedego electric bikes. With their whisper-quiet motors and powerful lithium ion batteries, Pedego bikes help riders zoom along as they explore waterfront roadways, picturesque winding routes north of the shoreline, and everything in between. Located at 50 Water Street in South Norwalk, Conn., Pedego SoNo provides test rides and sales of Pedego electric bikes. Hours are 10 a.m. –6 p.m. Tuesday through Friday; 9 a.m.–6 p.m. Saturday; 10 a.m.–5 p.m. Sunday; closed on Monday. Call 203-354-9333 or email info@pedegosono.com to arrange a free test ride and to learn more about how these bikes can help you feel like a kid again. One ride and you’ll be saying, “Hello, fun!”

About Pedego

Pedego Electric Bikes, the fastest growing electric bicycle company in the United States, manufactures 10 high-quality, innovative models, including cruisers, tandems, commuters, fat-tire bikes, mountain bikes, cargo bikes and a convenient electric folding bike. Sold at 86 Pedego-branded stores and hundreds of independent electric bike dealers worldwide, Pedego’s stylish “pedal or not” electric bikes boast powerful, whisper-quiet motors that let riders sail up hills and breeze through headwinds with a smile. Available in hundreds of color combinations, Pedego electric bikes deliver a green alternative for transportation, exercise and recreation — transforming lives with fun and delight.  Founded in 2008, Orange County, California-based Pedego inspires riders to say, “Hello, Fun!”

 

 

Pedego Electric Bikes Ranks Number 2349 on the 2016 Inc. 5000 With Three-year Sales Growth of 155 Percent

Pedego Is the Fastest-growing Bicycle Company on the Inc. 5000

FOUNTAIN VALLEY, Calif., Aug. 18, 2016 — Pedego® Electric Bikes ranks Number 2349 on the 2016 Inc. 5000 with three-year sales growth of 155 percent and is the highest-ranking bicycle company on the Inc. 5000. Published by Inc. magazine, the 35th annual Inc. 5000 is the most prestigious ranking of the nation’s fastest-growing private companies. The ranking is published in the September issue of Inc. Pedego was also recently named the fastest-growing electric bike company in the United States by Navigant Research.*

“We attribute our stellar growth and being the number 1 bicycle company to delighting our customers with colorful, high-quality electric bikes in 10 models and providing exceptional support to our dealer network,” said Pedego CEO and co-founder Don DiCostanzo.

See Why Pedego Is Driving the Electric Bike Craze: Test Ride a Pedego Electric Bike

Pedego was founded in 2008 by Don DiCostanzo, CEO, 59, and Terry Sherry, 60, two best friends who loved cycling but hated hills — and designed their first bike on a cocktail napkin.

Pedego Is the Fastest-growing Electric Bike Company in the United States

  • Pedego achieved 46 percent average growth for 2012–2015.
  • Pedego has more stores than any other brand: 85 independently owned stores.
  • Pedego expects to grow to 200 stores by the end of 2017 and 500 stores by 2020.
  • Pedego bikes are sold nationwide at Pedego stores and hundreds of bike shops.
  • Pedego has distributors in Europe, Canada, South Africa, New Zealand and Russia.

Pedego’s Market Differentiation: Pedego Tagline Says It All: “Hello, Fun!”

  • VARIETY — Pedego offers 10 models of high-quality colorful bikes, including cruisers, commuters, mountain and trail bikes, cargo bike and an ingenious folding bike.
  • SPEED — With a twist of the throttle, Pedego riders can go up to 20 MPH.
  • COLOR — Hundreds of color combinations let consumers customize their bikes.
  • TECHNOLOGY — PedalSense™ technology helps give riders extra help riding at five different power levels.
  • FUN — Pedego riders enjoy “exercise disguised as fun,” going longer, farther and faster!”
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Pedego Co-Founders Don DiCostanzo and Terry Sherry

 

Click here for Pedego Assets (Logo, Videos, Photos). See Pedego timeline.

*Click here for Navigant’s overview on Pedego and an executive summary of the report.

About Pedego

Pedego Electric Bikes, the fastest growing electric bicycle company in the United States, manufactures 10 high-quality, innovative models, including cruisers, tandems, commuters, fat-tire bikes, mountain bikes, cargo bikes and a convenient electric folding bike. Sold at 85 Pedego-branded stores and hundreds of independent electric bike dealers worldwide, Pedego’s stylish “pedal or not” electric bikes boast powerful, whisper-quiet motors that let riders sail up hills and breeze through headwinds with a smile. Available in hundreds of color combinations, Pedego electric bikes deliver a green alternative for transportation, exercise and recreation — transforming lives with fun and delight.  Founded in 2008, Orange County, California-based Pedego inspires riders to say, “Hello, Fun!”

 

Pedelecs as a Physically Active Transportation Mode Study Executive Summary

Introduction: Surprising Health Benefits of an Electric Bike

The New York Times’ article, The Surprising Health Benefits of an Electric Bike, published on July 6th 2016, highlighted the health benefits of electric bicycles and sourced the study conducted by the University of Colorado, Boulder (European Journal of Applied Physiology, May 2016). Below is an executive summary of the study that outlines the purpose, methodology and conclusions. The study defines electric bikes/pedelecs vehicles that provide electric assistance only when a rider is pedaling.

Purpose: Quantify the Health Benefits of Riding an Electric Bike

The purpose of the study was to quantify whether electric bikes — even with the added assistance of a motor — would provide a meaningful workout by improving cardiometabolic risk factors for people who previously had not been doing much exercising. They also wanted to see whether electric bikes were fundamentally safe, given that they enable even novice riders to achieve speeds of 20 miles per hour or higher.

Methodology: 20 Volunteers Were Monitored for Four Weeks

The researchers first brought their 20 sedentary volunteers into the lab to assess their body composition, aerobic fitness, blood sugar control, blood pressure and cholesterol profiles. The following four weeks, volunteers were provided with an electric bicycle, heart rate monitor, and GPS device. They were instructed on the use of all of this equipment and were asked to wear monitors and ride the new bike to and from work at least three times a week for the next month, spending at least 40 minutes in the saddle on those days. The volunteers were directed to choose whatever speed and effort felt comfortable for them.

Results: Improved Health, Better Blood Sugar Control, Lower Body Fat

A month later, the volunteers returned to the lab to repeat the original tests and turn over heart rate and GPS data. All of them had ridden at least the prescribed minimum of 40 minutes three times per week and according to their monitor data, most had ridden more than required, several about 50 percent more.

  • The riders also had ridden with some intensity. Their heart rates averaged about 75 percent of each person’s maximum, meaning that even with the motor assist, they were getting a moderate workout, comparable to brisk walking or an easy jog.
  • The riders were healthier and more fit now, with significantly greater aerobic fitness, better blood sugar control, and, as a group, a trend toward less body fat.
  • The volunteers reported that the riding was “a blast and its was exercise that was fun”, therefore they were riding longer and further distances.

Conclusions: Improved Fitness, Improved Cardiometabolic Health

Participants rode an electric bike in the real world at a self-selected moderate intensity, which helped them meet physical activity recommendations. Electric bike commuting also resulted in significant improvements in aerobic fitness, better blood sugar control, and in balancing cholesterol levels. Electric bikes are an effective form of active transportation that can improve some cardiometabolic risk factors within as few as four weeks.

To view the full report, click here.

Pedego Named Number 1 Electric Bike Brand by Navigant Research; Consumer Demand Driving Sales

Fastest Growing E-bike Company Has 85 Pedego Stores, the Most in the Industry

FOUNTAIN VALLEY, Calif., Aug. 10, 2016 — Pedego® Electric Bikes was named the Number 1 electric bike brand sold in the United States, according to a new report from Navigant Research.

Pedego was founded in 2008 by Don DiCostanzo, CEO, 59, and Terry Sherry, 60, two best friends who loved cycling but hated hills — and designed their first bike on a cocktail napkin.

See Why Pedego Is Driving the Electric Bike Craze: Test Ride a Pedego Electric Bike

Pedego is the fastest-growing electric bike company in the United States according to Navigant

  • Pedego had 46 percent average growth for 2012–2015.
  • Pedego has more stores than any other brand: 85 independently owned stores.
  • Pedego expects to grow to 200 stores by the end of 2017 and 500 stores by 2020.
  • Pedego bikes are sold throughout the United States at Pedego stores and hundreds of bike shops.
  • Pedego has distributors in Europe, Canada, South Africa, New Zealand and Russia.

Putting Baby Boomers Back to Work as Entrepreneurs Selling to Other Boomers

  • Ninety-five percent of Pedego store owners are Baby Boomers displaced by Corporate America or retired, who found a second career with Pedego.
  • Eighty percent of Pedego buyers are Baby Boomers.
  • Pedego is not a franchise, so there are no fees. $75,000 investment goes into the store.
  • Pedego’s founders are Baby Boomer entrepreneurs helping other Baby Boomers become successful entrepreneurs.
  • No retail or bicycle industry experience is needed by store owners to succeed.
  • Pedego’s store owner training includes store set-up, inventory and sales support.

Pedego’s Market Differentiation: Pedego tagline says it all: “Hello, Fun!”

  • Pedego offers 10 models of high-quality colorful bikes, including cruisers, commuters, mountain and trail bikes, cargo bike and an ingenious folding bike.
  • FAST! With a twist of the throttle, Pedego riders can go up to 20 MPH.
  • COLORFUL! Hundreds of color combinations let consumers customize their bikes.
  • PedalSense™ technology helps give riders a little extra help riding at five different power levels.
  • Pedego riders enjoy “exercise disguised as fun,” going longer, farther and faster!”
Pedego Co-Founders Don DiCostanzo and Terry Sherry

Pedego Co-Founders Don DiCostanzo and Terry Sherry

“The Pedego team is devoted to delighting their dealers and customers with the Pedego lifestyle of fun, exercise and fresh air, which has led to Pedego being the fastest-growing electric bike brand in the U.S.,” said Pedego CEO and co-founder Don DiCostanzo.

According to Navigant, electric bicycles are the highest-selling electric vehicle on the planet, with a nearly 35 million unit sales forecast worldwide for 2016. In North America, electric bikes are hitting the big-time with 152,000 units expected to be sold in 2016. Click here for Navigant’s overview on Pedego and an executive summary of the report.

Click here for Pedego Assets (Logo, Videos, Photos). See Pedego timeline.

About Pedego

Pedego Electric Bikes, the fastest growing electric bicycle company in the United States, manufactures 10 high-quality, innovative models, including cruisers, tandems, commuters, fat-tire bikes, mountain bikes, cargo bikes and a convenient electric folding bike. Sold at 85 Pedego-branded stores and hundreds of independent electric bike dealers worldwide, Pedego’s stylish “pedal or not” electric bikes boast powerful, whisper-quiet motors that let riders sail up hills and breeze through headwinds with a smile. Available in hundreds of color combinations, Pedego electric bikes deliver a green alternative for transportation, exercise and recreation — transforming lives with fun and delight.  Founded in 2008, Orange County, California-based Pedego inspires riders to say, “Hello, Fun!”