Lafayette Electronics Inc. Signs Exclusive Distribution Agreement for North America for the Pininfarina Designed State-of-the-Art Electric Bike (E-Voluzione)

​Boca Raton, Florida, February 1, 2017 (Newswire.com) - ​​Lafayette Electronics Inc. has partnered with Pininfarina, an Italian car design firm and engineering firm located in Cambiano, Italy, to distribute the company’s new state-of-the-art E-voluzione, an innovate electric bike. Lafayette Electronics, Inc recently signed an exclusive distribution agreement to sell the electric bikes in North America. Electric bikes are growing in popularity across the globe with an increased presence in North America.

According to research by Navigant Research (in 2016), electric bicycles continue to be the highest selling electric vehicle around the globe with sales forecasted for 2016 to have reached 35 million units. Improving battery technology is resulting in e-bikes that are lighter, lower in cost, and similar to traditional bicycles. Increasing urbanization and a desire to move away from cars for motorized transport has also lead to market growth. China still leads the global e-bike market but Western Europe and even North America are beginning to increase their market share. According to Navigant Research, global e-bike sales are expected to grow from more than $15.7 billion in revenue in 2016 to $24.4 billion by 2025.

"We are happy to have signed this exclusive distribution agreement with Pininfarina to bring their revolutionary new electric bike to the marketplace in North America. These e-bikes are growing in popularity because of their technology, innovation and ease of transportation, especially in more urban environments."

Steve Cavayero, CEO of Lafayette Electronics Inc.

Pininfarina’s E-voluzione combines the long history of the company’s expertise in designing sporty cars and eco-friendly solutions with Diavelo, a member of the Accell Group state-of-the-art technology in the bicycle sector.  The E-voluzione features a high level of integration of all components that results in better weight distribution and balance and a more comfortable and performing ride. The use of carbon in the frame and in the bar, seat post, wheels allow the bike to be super light compared with the competitors on the market. Also, the patented inside the frame Panasonic battery is fully integrated and easily removable for recharge. The bike features hydraulic disc brakes and other Shimano components.

“We are happy to have signed this exclusive distribution agreement with Pininfarina to bring their revolutionary new electric bike to the marketplace in North America,” says Steve Cavayero, CEO of Lafayette Electronics Inc. “These e-bikes are growing in popularity because of their technology, innovation and ease of transportation, especially in more urban environments.”

For confidential inquiries regarding our authorized dealership opportunities in North America please contact:

Email: [email protected]    US Tel.: (561) 465-7612

The Pininfarina E-voluzione is available in three different styles including the Elegance, Hi-tech and Dynamic models. To learn more about this innovate bike, visit:  www.Pininfarina- Evoluzione.com

About Lafayette Electronics Inc.

Lafayette Electronics Inc. is a Florida, US Corporation since 2004, and has been based in Boca Raton, Florida since 1998, with a brand presence in the global market since the 1970's for home audio and consumer electronic products.  

Contact:

Email - [email protected]        

US Tel. - 561-465-7612

Sources:

Navigant Research - Electric Bicycles

Source: Lafayette Electronics Inc.