Who Owns NCM Bikes?
Introduction
NCM Bikes is a German brand that produces electric bicycles. These bikes are known for their high-quality components and affordable prices. NCM Bikes has become a popular choice among cyclists who are looking for an eco-friendly and cost-effective way to commute. But who owns NCM Bikes?
History of NCM Bikes
NCM Bikes was founded in 2014 by two entrepreneurs, Johann Hiebl and Benjamin Börries. The company started as a small project, with the founders designing and building electric bicycles in their garage. They wanted to create a bike that would be affordable for the average person, while still maintaining a high level of quality.
Their first electric bike was the Moscow, which quickly gained popularity among cyclists in Germany. The company continued to grow, and soon expanded its product line to include other models, such as the Milano and the Venice.
Today, NCM Bikes is one of the largest electric bike brands in Europe. The company has sold over 150,000 bikes since its founding, and continues to innovate and improve its products.
Who Owns NCM Bikes?
NCM Bikes is privately owned by Johann Hiebl and Benjamin Börries. The two founders continue to run the company, and are responsible for its day-to-day operations.
Despite being privately owned, NCM Bikes has received investments from external sources. In 2019, the company raised €5 million in funding from the venture capital firm Inventure Partners. This funding has allowed NCM Bikes to expand its product line and increase its production capacity.
The Future of eBikes
NCM Bikes has ambitious plans for the future. The company aims to become the leading electric bike brand in Europe, and to expand its operations to other markets around the world.
To achieve this goal, NCM Bikes is investing heavily in research and development. The company has a team of engineers and designers who are constantly working to improve the performance and design of its bikes. NCM Bikes also collaborates with other companies and organizations to develop new technologies and materials.
In addition to improving its products, NCM Bikes is also expanding its distribution network. The company has partnered with a number of retailers and distributors in Europe and Asia, and is working to establish a presence in other markets. https://www.theebikespecialist.com.au
Conclusion
NCM Bikes is a German brand that produces high-quality electric bicycles. The company was founded in 2014 by Johann Hiebl and Benjamin Börries, and is privately owned. NCM Bikes has received investments from external sources, and has ambitious plans for the future.
As more people seek eco-friendly and cost-effective modes of transportation, the demand for electric bikes is expected to continue to grow. With its innovative products and commitment to quality, NCM Bikes is well-positioned to become a leader in this industry.