Production capacity will almost double from 1,200 units per month to 2,200. This can be attributed to the installment of a second production line and the creation of additional storage spaces.
After establishing a production facility in Genas in mid-2020, foldable electric bicycle manufacturer, and LEVA-EU member, Eovolt has ridden the two-wheeled wave. In the first year, sales saw an increase from 3,800 units, to 9,500. As growth shows no sign of slowing down into 2022, it is unsurprising that the company continues to upscale its manufacturing presence.
An investment of €500,000 has secured the additional production capacity. Baptiste Fullen, Eovolt co-founder, shares, “The expansion of our production unit is part of a global company development project. We want to accentuate our local approach in order to lock our production chain and to be more responsive and more flexible.”