In Europe, the electric bicycle market is booming. For every bike on the road, one in three is an e-bike. The United States is starting to see more e-bikes on the market and currently has more than 350,000 in circulation.
The key to success in the e-bike market is a lightweight and compact drive system. Consumers don’t want an e-bike that is significantly heavier than a traditional bicycle. That’s where German startup Fazua GmbH comes in.