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Velometro Mobility

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VeloMetro Mobility Inc
Company typePrivate
IndustryTransportation
Founded2014 (2014)
FoundersJonathan Faille
John Stonier
Sean Boyd
Kody Baker
FateBankrupt
Headquarters1885 Franklin St, ,
Canada
Areas served
Canada
Key people
CEO David Watson
CTO Duane Nickull
ProductsElectric bicycle
BrandsVeemo
Websiteveemo.ca

VeloMetro Mobility, Inc. (doing business under the tradename Veemo), is an electric velomobile manufacturer based out of Vancouver, Canada. The company has invested eight years of research and development to create a three-wheeled, semi-enclosed, electric-assisted velomobile, called a Veemo. The vehicles do not require a driver's licence to ride in most jurisdictions and can be operated on bicycle paths as well as standard roadways.[1]

History

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VeloMetro was co-founded in 2014 by Kody Baker, Sean Boyd, and Jonathan Faille of Perkuna Engineering, along with entrepreneur John Stonier.[2] The first prototype vehicle was built in 2014 and they first unveiled their Veemo vehicle at the BC Tech Summit in 2016.[3] The first pilot fleet started at the University of British Columbia in late 2017.[4] The pilot program of 5 vehicles was made available to the public in February 2018.[5][6] The pilot concluded in April 2018.[7]

The company pivoted in late 2019 and decided to pursue a manufacturing and distribution of a new generation of Veemo products aimed at those who care about climate change. A new generation of lightweight, stable and efficient Veemo[8] vehicles use a semi-enclosed design as opposed to the earlier fully enclosed design and have a much stiffer monocoque chassis. The new Veemo weighs in at less than 62 kg dry weight and uses a revolutionary belt drive system coupled to a continuously variable transmission rear hub. The new vehicle qualifies for many standards such as EN 15194 (European Union) and eBike regulations in Canada, the UK and United States and various other countries, making it bike lane eligible and legal without insurance or a driver's license. The business shift focuses on direct to consumer (DTC) sales models as well as a variation of the model aimed at the shared vehicle operator market.

VeloMetro announced bankruptcy, effective January 23, 2023.[9]

As of July 2023, the assets of Veemo have been acquired by Envo Drive Systems, which hopes to put the Veemo into production by summer 2024.[1]

Vehicle

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The Veemo is a single person, pedal-electric (Pedelec) hybrid vehicle which is regulated as an electric bicycle to a top speed of 32 km/h (20 mph) and power limit of 500 watts in Canada.[10] The second generation vehicle weighs 62 kg and is capable of climbing hills of up to a 20% grade.[11] It is semi-enclosed and has sufficient storage space to hold a full-sized overhead baggage suitcase. The internal battery is replenished through battery swapping.[12]

The exterior of a Veemo vehicle
The interior of a Veemo vehicle

Veemo Service

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Veemo is similar to car2go, providing a one way fleet sharing service accessible through a website or a smartphone app. Members do not need a driver's license and can register and start using the vehicles immediately. Riders pay by-the-minute rates and can park the vehicles in any valid parking spot within the designated home zone, which are indicated in an in-dash display.[13]

References

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  1. ^ Glave, James. "Part bike, part car: Velometro to take cities by storm". National Observer. Observer Media Group. Retrieved 21 June 2017.
  2. ^ Spinelle, Jenna. "Veemo: A New Twist On An Old Idea For Urban Transportation". Green Future. Retrieved 16 May 2017.
  3. ^ Chang, Andrew. "CBC Vancouver News at 6 PM". CBC News. Retrieved 16 May 2017.
  4. ^ Logan, Amy. "Electronic bicycle rideshare Veemo hopes to make in-roads in Vancouver". Metro. Free Daily News Group Inc. Retrieved 16 May 2017.
  5. ^ "Electric-assist trike pilot program rolls out across UBC campus | CBC News". CBC. Retrieved 2018-05-30.
  6. ^ Devlin, Megan (2018-02-27). "Veemo electric bike-share launches at UBC". British Columbia. Retrieved 2018-05-30.
  7. ^ "UBC Veemo pilot success | sustain.ubc.ca". sustain.ubc.ca. Retrieved 2018-05-30.
  8. ^ "Veemo". Veemo. Retrieved 2021-09-10.
  9. ^ "Veemo runs out of money". Vancouver Sun. Retrieved 2023-02-08.
  10. ^ McCredie, Andrew. "It's the right place, right time for Vancouver's Veemo". driving.ca. Postmedia Network Inc. Retrieved 21 June 2017.
  11. ^ Richter, Brent. "Pedal-power hybrid driving change". north shore news. Retrieved 29 September 2016.
  12. ^ Jackson, Emily. "Bike slash car: Vancouver company offers greener options for commuters option". Metro News. Retrieved 29 September 2016.
  13. ^ Coxworth, Ben. "Veemo velomobile could be yours to use, for 28 cents a minute". New Atlas. GIZMAG. Retrieved 21 June 2017.