“Most inventions we handle are small incremental improvements on existing technology, but occasionally we see something that is a completely fresh take. This is where TK1 sits; a way to upgrade a bicycle to an e-bike that feels natural to ride. It’s a technically eloquent solution and brought a huge smile to my face.”
Nicholas Ferrar CPA EPA MEng
Partner at Adamson Jones ex Rolls Royce Patent Attorney
INVEST IN TK-1
Did you know: Investors have pumped billions into ESG focused companies VC capital invested into e-bikes at a record-high $301m invested in 2020, with 2021 YTD $168m (April 2021) ¹ ¹ Source: PitchBooks data as of April 2021
TK-1 is an innovative company looking to revolutionise the mobility industry through a green, eco-friendly engineering concept, providing affordable e-bike technology for all across the globe.
TK-1 is a ground-breaking, patented retrofit kit that transforms a bicycle into a mid-drive hybrid electric bike (e-bike) with true pedal-assist technology, but without altering the existing bike’s structure. Small compact, portable, and simply an add-on, it is designed and engineered in the UK through revolutionary green manufacturing processes, producing rapid production rates and high yields. TK-1 delivers high performance while reducing the global carbon footprint. TK-1 connects the rider mechanically and electronically to the bike, which hub motor e-bikes cannot through cadence.
Deloitte assessed the e-bike market to be valued at $20bn by 2023 with a projected 300m e-bikes in circulation, growing at a CAGR of 7.2% from 2020 to 2028.
But what happens to the existing 2bn bikes in circulation?
¹ Future Automotive Market Trends – E-bike Market Analysis 2019-2025 ² Weforum.org – world economic forum Leszek J. Sibilski, Consultant, World Bank ³ Deloitte TMT Predications, 2020 ⁴ Technavio, E-bike Drive Market 2020-2024
HUB EBIKES & RETROFIT PROBLEMS
Typical hub motor and retrofit e-bike kits include:
Retrofits replace 26″ or 28″ wheel sizes Cadence
Retrofit sold globally without batteries
(Amazon, Walmart, eBay) This retrofit technology has been around for over 20 years and is available across the globe but re-branded over.
Copenhagen Wheel (raised $2.1million) and Clip have been famous recently in the US however rely on hub and wheel sizes of 26″/28″. Users report poor performance and battery life
This is a typical hub e-bike that is found globally. The technology relies on cadence sensors (ii) which tells the motored wheel [back (i)] to move. This means automatic power is provided that the user is not in complete control off
TK-1 (above) provides power directly into the pedals, allowing users to moderate their power with the e-bikes power (true pedal assist). Power is delivered via the pedals, through the chain and into the back wheel, thus avoiding energy losses. Mid-drive technology cannot be found from reputable brands under $2,000 (Electrek)