Sunday, January 29, 2017

German electric bike brand moving U.S. headquarters to Denver

And it's too expensive even for the Germans!

In Germany, where the company was founded in 1996, one out of every five bikes is an electric bike, he said.

The company's U.S. office was wooed from southern California, where it opened in 2015, by Colorado's interest in outdoor recreation companies, Miner said.

"It was the support and response we got from the state of Colorado," Miner said. "They sat down with us. They worked with us about e-bikes."

The electric bikes are made in Germany, but Miner said the Denver operations could expand into manufacturing within the next 18 months. Schweinfurt, Germany will remain the company's world headquarters. Miner said Haibikes (Hai means shark in German) is the biggest electric bike manufacturer in Europe.

“Having our entire U.S. team working together under one roof will be instrumental to our future success,” he said. “Colorado is a forward-thinking, technology-driven state that places a high value on outdoor recreation."

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