Basic Motors introduced on Thursday that its model of electrical bicycles could be referred to as “Ariv” and start promoting in Europe within the second quarter of 2019.
Two such bicycles, a compact bike and a foldable one, will launch first in Germany, Belgium and the Netherlands, markets the place cycles powered by lithium-ion batteries are already common, the No. 1 U.S. automaker stated in a statement.
Riders can cost their Ariv bike batteries in about three and a half hours and stand up to 64 kilometers or practically 40 miles of trip time with a single cost.
In Belgium and the Netherlands the compact e-bike would value 2,800 euros ($3,165), whereas the folding one would value 3,400 euros ($3,843). In Germany, the costs could be 2,750 euros and three,350 euros, respectively.
GM first introduced its e-bike plans in early November. It already has a presence within the electrical automobile market by way of its Chevrolet Bolt autos, which begin at roughly $36,000.
The Detroit-based automaker has not introduced any plans within the e-scooter market. In the meantime, its U.S. rival Ford made a $200 million funding in November to acquire Spin, an electrical scooter rental agency primarily based in San Francisco.