Fiido X crowdfunding crosses $1 million on Indiegogo, a first for e-bikes

Jed John Ikoba — Wed, 01 Sep 2021 14:59:50 +0000

The COVID 19 pandemic that has hit the world has had a varying effect on the global economy but for the electric vehicle market, especially e-bikes, it has been transformative. This is because of the need to adopt personal transport means instead of taking crowded public transport. It is also a means of exercising daily.

Fiido launched the Fiido X electric bike in July this year. The product was later made available for crowdfunding on Indiegogo in mid-August. The e-bike campaign has now achieved $10,477,049 HKD (over USD$1 million) in sales so far, 18 days into the. This is an awesome feat for an e-bike, the first in the annals of Indiegogo.

The Fiido X takes over from the D11 e-bike which itself raked in a little short of USD$1 million in backings. The new e-bike feature several upgrades and design enhancements from its predecessor, the D11 folding e-bike. The e-bike is pedal-assisted with a torque sensor that helps to push it beyond the stated range. It packs Seatpost-integrated batteries and a driving range of 130km.

The Fiido X has a top speed of 25km/h, at par with most e-bikes across different countries, except in the US, where maximum speeds of 32km/h are allowed on public roads. The magnesium frame both models have embedded folding mechanisms for transforming the bike from a bike to a compact travel companion. The 7-Speed Shimano transmission in both models offers seamless switching of speeds from high to low and vice versa as the situation demands. There are key code locks for the batteries, LED lighting, solid tires, and other safety features. The X also utilizes the hydraulic disc brake system.

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Fiido X crowdfunding crosses $1 million on Indiegogo, a first for e-bikes