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Fly-E Group, Inc. Selected as the Official E-Bike Provider for NYC DOT’s Trade-In Program
FLYEFly-E Group, Inc.(FLYE) GlobeNewswire·2024-12-23 13:00

Core Insights - Fly-E Group, Inc. has been selected by the New York City Department of Transportation as the official e-bike for the E-Bike Trade-In Program, with an expected distribution of approximately 400 e-bikes during the pilot period [1][6] Company Overview - Fly-E Group, Inc. specializes in designing, installing, selling, and renting smart electric motorcycles, electric bikes, electric scooters, and related accessories [9] - The company emphasizes safety and sustainability in its products, particularly the Fly-11 PRO model, which features advanced UL-certified components and a robust battery management system [2][6] Product Features - The Fly-11 PRO was chosen for its advanced safety features, including UL-certified components and superior durability and range, aligning with NYC's commitment to replace uncertified e-bikes and lithium-ion batteries [6] - The program aims to enhance safety and sustainability by ensuring that the e-bikes meet UL 2849 safety standards and feature UL 2271-certified batteries [6] Previous Collaborations - This selection is not Fly-E's first collaboration with NYC; the company previously supported the Equitable Commute Project, gaining valuable expertise in e-bike replacement programs and community engagement [6]