Pedego Electric Bikes Featured in Inc. Magazine March 2017 Issue

Baby Boomer Business Model Draws Attention of Top National Magazine

FOUNTAIN VALLEY, Calif., March 1, 2017 — Pedego® Electric Bikes is pleased to announce that it has been featured in Inc. Magazine’s March 2017 issue. The article focuses on Pedego’s successful business model of selling through independently owned Pedego-branded stores and the bikes’ special appeal to Baby Boomers. Ninety-five percent of the Pedego stores are owned and operated by Boomers who discovered the bikes as customers themselves, and they primarily sell Pedego bikes to Boomer customers.

Pedego Electric Bikes is deliberately fostering the entrepreneurial spirit of Boomers looking to start a new chapter in their lives. Delighted by the rapidly rising trend of 50+ entrepreneurs, the company is predicting continued growth. Inc. Magazine’s article noted, “Pedego co-founder Don DiCostanzo predicts the company will hit $100 million in sales in five years, just as he and his business partner hit the age when most Americans retire.” Pedego is already the Number 1 electric bike brand according to Navigant Research.

The article features photos of 18 Pedego store owners in their 50s, 60s and 70s, including  former teachers, military personnel and government workers who sought out second careers after retiring, being displaced by corporate America or just wanting to do something different.

Detailed stories and quotes from six members of this group focus on the reasons Boomers are becoming Pedego dealers.

Pedego was founded in 2008 by two Boomers, Don DiCostanzo, CEO, and Terry Sherry, CFO, who loved to cycle but hated hills. They designed the first Pedego Bike, the Comfort Cruiser, on a cocktail napkin, and it shipped in 2009. As Boomers, the co-founders, now both 60 years old, shared with Inc. readers how they developed a business model particularly supportive of Boomer entrepreneurs and Boomer customers.

Pedego electric bikes boast chic styling and top-quality components. More importantly, they feature powerful rear-hub motors that help riders conquer hills and headwinds, a big plus for the Boomer population who are focused on staying fit and active. As of the article’s publication date, there are nearly 100 Pedego stores worldwide.

“Nothing makes us more proud than knowing that we have a committed and enthusiastic network of dealers who share the same passion and vision for the Pedego brand,” DiCostanzo said.

About Pedego

Pedego®  Electric Bikes is the Number 1 electric bike brand in the United States, according to Navigant Research. Pedego 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 more than 90 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, Calif.-based Pedego inspires riders to say, “Hello, Fun!”

PR CONTACT:

Teri Sawyer, T&Co.
714-801-1687
TeriSawyer@me.com

Sandra Eckardt, T&Co.
949-400-2258
Sandra@Eckardtstrategies.com

Mike F.

Pedego Electric Bikes Brings Top Design Exec Aboard

Nation’s Number 1 electric bike company grows again, hiring prominent engineer Michael A. Fritz

FOUNTAIN VALLEY, Calif., Feb.  15, 2017 — In a testament to the phenomenal growth of Pedego® Electric Bikes as the Number 1 electric bike brand in the United States, the company has hired distinguished bicycle engineer Michael A. Fritz. In his new role as Director of Engineering, Fritz will oversee all aspects of Pedego electric bike engineering, technology and product development as well as customer support.

In the company’s expanding hierarchy, Pedego’s Technical Department staff will report directly to Fritz, and he will report to Pedego CFO and co-founder Terry Sherry. With the hiring of Fritz, Pedego is expanding its commitment to first-class design of future generations of Pedego bikes. Fritz is excited about his new position. “I look forward to working with this team to support Pedego’s amazing growth and success.”

Fritz brings more than 40 years of experience in engineering, engineering management and product development, including extensive experience in project management, organizational development and sourcing in the light electric vehicle (LEV) industry.  He has held engineering and engineering management positions at several bike companies including Schwinn, Huffy, Brunswick Bicycles and Pacific Cycles.  In 1997, he was recruited by Lee Iacocca to join EV Global Motors as VP Product Development.  For the past few years, Fritz ran a technical consulting firm advising numerous foreign and domestic companies in the LEV industry, including Pedego, on ebike technologies.  He holds a master’s degree in Engineering Management and a bachelor’s in Mechanical Engineering.

“Mike Fritz and Pedego Electric Bikes make a great fit,” said Pedego Electric Bikes CEO and co-founder Don DiCostanzo. “It takes qualified personnel to design and build high-quality electric bikes. We work only with the best so that we can provide the best.”

Mike F.

About Pedego

Pedego®  Electric Bikes is the Number 1 electric bike brand in the United States, according to Navigant Research. Pedego 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 more than 90 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, Calif.-based Pedego inspires riders to say, “Hello, Fun!”

 

PR CONTACTS:

Teri Sawyer, T&Co.
714-801-1687
TeriSawyer@me.com

Sandra Eckardt, T&Co.
949-400-2258
Sandra@EckardtStrategies.com

Pedego Electric Bikes Offers One of the Longest, Most Comprehensive Warranties in the Industry

Company built on top customer service stands behind its products to delight Pedego fans

FOUNTAIN VALLEY, Calif., Jan. 31, 2017 — Pedego® Electric Bikes is once again demonstrating the company’s core value of delighting customers with its new expanded warranty on Pedego bikes. Effective for all Pedego bikes sold beginning Jan. 1, 2017, Pedego’s two-year warranty covers the main components of Pedego bikes for both the bicycle and battery, making it one of the most comprehensive and longest warranties in the industry.

“Pedego electric bikes are built to provide reliable, stress-free pleasure to our riders,” said Pedego Electric Bikes CEO and co-founder Don DiCostanzo. “We are dedicated to providing first-class electric bikes backed by a substantial warranty that Pedego owners can count on.”

With its expanded warranty, Pedego is showing yet another reason why it is the Number 1 electric bike brand and why it has established a solid reputation for producing high-quality products with outstanding customer service.

Pedego’s new two-year warranty covers all bicycle models and batteries starting January 1, 2017.

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The company encourages new bike owners to save their receipts, which is made easy by Pedego since each bike comes with an elegant box kit. The official warranty wording is as follows:

  • Two Year Limited Warranty Bicycle Components: PEDEGO Inc. (“PEDEGO”) warrants that all new PEDEGO Electric Bikes (“Bikes”) and components therein are warranted to the original retail purchaser (“Purchaser”) against manufacturing defects in materials and/or workmanship for a period of two (2) years from the date of original retail purchase.
  • Two Year Limited Warranty Battery Components: PEDEGO ELECTRIC BIKES warrants to the original purchaser that the battery is free of defects in material and workmanship for 24 Months. The defective product will be replaced or repaired if met under certain pre-conditions. The original receipt of purchase is required to establish proof of purchase and warranty date and must be provided to Pedego for all warranty claims. Shipping costs are an additional charge. The original battery sale receipt must be maintained for any further claims. All replacement batteries will be warranted for the balance of the original warranty period. Replacement will be honored only by PEDEGO ELECTRIC BIKES. You are responsible for paying all of the following costs associated with the replacement: labor for removal or installation; applicable taxes; and any shipping or transportation costs incurred in returning the battery to PEDEGO ELECTRIC BIKES for evaluation.

About Pedego

Pedego®  Electric Bikes is the Number 1 electric bike brand in the United States, according to Navigant Research. Pedego 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 more than 90 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, Calif.-based Pedego inspires riders to say, “Hello, Fun!”

PR CONTACTS:

Teri Sawyer, T&Co.
714-801-1687
TeriSawyer@me.com

 

Sandra Eckardt, T&Co.
949-400-2258
Sandra@EckardtStrategies.com