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Electric Bike Manufacturer Delfast Reaches $2M in Sales in 2020

It Also Started a Crowdfunding Campagin


Electric Bikes for the Future

Based in Ukraine, Delfast has some of the most impressive e-bikes out there. These electric bikes are just short of being motorcycles and the company seems to be doing pretty well with them, having reached $2 million in sales in 2020.

Delfast recently launched a crowdfunding campaign on Fundable with the goal of $3 million. The Fundable campaign’s plan is to help the company build a new research and development center that will help Delfast reach the increasing demand for high-quality e-bikes.

Delfast saw massive jumps in sales since the pandemic. There was a 405 percent increase in sales in Q2 when compared to Q1 and a 222 percent increase in sales over the last three months. In 2019, the company did $552,000 in sales, which is a pretty far cry from the $2 million it has done in 2020.

This company came to be after a successful Kickstarter campaign that managed to raise $165,000 with the help of 75 backers. The company was founded in 2014 by Daniel Tonkopiy and Serhii Denysenko as an eco delivery service. Now Delfast has been registered by the Guinness World Records as the company that holds the greatest distance traveled on an electric bicycle—367 km on a single charge. 

Delfast is working to deliver bikes worldwide. Currently, there are riders in over 40 countries. If you’re interested in learning more about Delfast or its bikes, click here.