First enviolo Branded Bicycle and E-Bike Products Produced
AMSTERDAM, the Netherlands – After announcing its MY2019 product portfolio in October 2017, enviolo, a division of Fallbrook Technologies Inc., has recently started production of its enviolo branded groupsets for city, trekking, sportive, cargo and commercial bikes. Each of the five groupsets consist of a NuVinci Optimized controller and a transmission.
The production start message comes after drastic changes within Fallbrook Technologies Inc. In October 2017, the company announced to change the name of its division for cycling activities from NuVinci Cycling to enviolo per January 1, 2018. By the end of February of this year the company stated “To implement a financial restructuring that substantially reduces debt service and recapitalises the company. The restructuring is to be achieved through a Chapter 11 reorganisation.”
One week later this was followed by the announcement of new ownership of the company with the former senior debt holder Kayne Anderson Capital Advisors now being the new majority shareholder and the financing source for Fallbrook, including its brand for step-less bicycle transmission systems enviolo.
Richard Hilgart, Product Manager at enviolo, said on the production start of the MY2019 groupsets “With the NuVinci Optimized products, we enhance the riding experience and offer manufacturers the opportunity of differentiating their models. Given the growth of new segments such as urban lifestyle and eCargo bikes or the outstanding progress of commercial and B2B fleets, it was evident to us that it is essential to create product lines with unique features focused on those applications. The MY2019 groupsets are a result of analyzing these trends and optimizing the products to fit rider requirements.”
Five specifically targeted groupsets
Within the MY2019 portfolio, the city groupset effectively covers the requirements of a diverse city-topography with improved efficiency and offers a maintenance-free ride. The trekking groupset provides a wide ratio range, while enabling low-maintenance applications in combination with a belt-drive. For the sportive groupset , the thru-axle compatible dropouts of 135, 142, or 148 mm allow a combination with boost tyres and the internal components were designed to withstand shifting under load of up to 120 Nm. The commercial and cargo groupsets come with a commercial warranty and focus on durability using optimized materials in all components to handle aggravated duty cycles. To support the rider’s safety, an integrated brake disc mount of up to 203 mm is also available on the cargo groupset.
Establishing enviolo brand
Billy van den Ende, Sales Director at enviolo noted “We are confident the new use case approach will offer riders the optimal ride performance, while further establishing the brand enviolo, and growing a successful business. In 2017, we had incredible revenue growth of 44% over 2016, and early indications of Q1 results in 2018 already confirm this positive trend.”
Samples of the new groupsets have already been delivered, thus enabling manufacturers to display their new MY19 models in time for their house shows. Current MY2018 products will remain available for warranty replacements only.