Swytch Expertise of London will quickly be launching an e-bike battery that’s slightly greater than a (giant) iPhone and, with the addition of an included wheel package, this could flip any bike into an e-bike.
The corporate was based in 2017 and has bought almost 40,000 items of its authentic e-bike conversion package.
The inventory package battery was contained in a handlebar bag. The brand new battery is smaller and lighter, and is proven in promotional movies pulled out of trouser pockets.
“Our new Swytch package is a game-changer,” stated Swytch CTO and co-founder Dmitro Khroma, including that it’ll “disrupt the e-bike business as a result of it’s a lot lighter and smaller than something exist”.
The brand new battery weighs 1.5 lbs (700g) and gives 250 watts of energy and sufficient vary for a “each day commute,” the corporate claims. The product is teased on the Firm Web site however no value is given. The prevailing product prices $1,300.
Swytch stated it at the moment sells 20,000 items per yr and with the brand new package hopes to promote 50,000 items per yr.
The corporate lately raised $4.9 million in fairness funding, primarily from traders centered on local weather expertise and sustainability, together with Inexperienced Angel Syndicate, Calyx Enterprise Fund and One Planet Capital.
The Swytch package comes with a brand new bike entrance wheel and, within the firm movies, changing a typical bike to an e-bike takes only a few minutes and solely requires a hex wrench.
A snap-on pedal sensor detects pedaling and powers a 250W hub motor within the entrance wheel. The battery is hooked up to a bracket bolted to the handlebars.
Earlier this yr, Swytch opened an workplace in New York to serve the US market.