Bring the outdoor world indoors with the Tacx NEO Bike Plus from Garmin

Rhea-AI Summary

Garmin (NYSE: GRMN) has launched the Tacx NEO Bike Plus, an advanced indoor smart bike designed for a realistic riding experience. Set for release in January 2023 at a retail price of $3,999.99, the bike offers features such as accurate performance metrics, adjustable fit, and the ability to simulate outdoor conditions like gradients and surface textures. It integrates with the Tacx Training app for immersive workouts, allowing users to access structured training and pro rides. The bike accommodates multiple users with customizable settings.

Positive

• Launch of the Tacx NEO Bike Plus enhances Garmin's product line.
• Offers accurate power measurement within 1%, improving performance tracking.
• Fully adjustable design accommodates multiple users, increasing market appeal.

Negative

• None.

All-in-one indoor smart bike offers one of the most accurate, realistic and quiet indoor riding experiences – plus a fully adjustable fit – to make every ride epic

OLATHE, Kan., Nov. 16, 2022 /PRNewswire/ -- Garmin (NYSE: GRMN), today announced the Tacx^® NEO Bike Plus, a simple-to-use indoor smart bike that is ready to ride with realistic road feel, simulated gradients and enhanced virtual shifting. From the comfort of home, the Tacx NEO Bike Plus offers a quiet ride and accurate power, speed and cadence metrics – even in sprints. Fully adjustable, the Tacx NEO Bike Plus can quickly be customized to match the fit of an outdoor bike and is designed to be used by multiple athletes in the household. Plus, when paired with the Tacx Training app¹ on a compatible smart device, athletes can follow structured workouts, participate in pro rides and ride the immersive Tacx films from some of the most beautiful courses around the world.

"We are thrilled to bring innovative updates to the Tacx NEO Bike Plus to make it one of the most adaptable and engaging smart bikes available," said Dan Bartel, Garmin vice president of global consumer sales. "With accurate performance metrics, a customizable design and access to hundreds of training films from around the world with the Tacx Training app, the Tacx NEO Bike Plus is here to help you ride epic routes, climb those grueling ascents and get your miles in year-round – all from your own home."

A real ride feel, indoors

Featuring advanced training and performance metrics, the Tacx NEO Bike Plus is designed to make any indoor ride feel as realistic as possible.

• Mimic the feel of jumping into a different gear with the tap of a finger thanks to redesigned programmable shifters for SHIMANO, SRAM or Campagnolo.
• Feel different surfaces, like cobblestones and gravel, when paired with the Tacx Training app or compatible 3^rd party apps.
• Dynamic inertia helps maintain a sensation of forward motion based on speed and gradient.
• Accurately imitate a downhill drive with descent simulation when connected to an external power source.
• Measure the position of the left and right legs to better analyze pedaling technique and develop a more effective pedal stroke.

Exceptional design

Providing accurate power measurement within 1% – plus reliable, consistent measurements for speed and cadence – the Tacx NEO Bike Plus gives cyclists a clear picture of their performance. Featuring a well-balanced design that ensures maximum stability, the Tacx NEO Bike Plus is one of the most silent indoor bikes available and is ready for any sprint, up to 2,200 watts. What's more, cyclists can train for outdoor climbs, or build the intensity of an indoor workout, by training on realistically simulated inclines up to a 25% gradient.

Fully adjustable, the Tacx NEO Bike Plus is made to accommodate multiple athletes in a house. Five different crank lengths offer a precise, customized fit and the slim seatpost and handlebar stem can be adjusted up to the millimeter, making it easy to match settings to that of a rider's outdoor bike. Plus, built-in interactive fans are automatically controlled by a rider's power or heart rate.

Connect and perform

Featuring a 4.5-inch integrated display and two USB chargers, the Tacx NEO Bike Plus allows riders to enjoy the Tacx Training app and other popular training platforms on their smartphone, tablet or laptop and can even track their performance on their Garmin Edge^® cycling computer. With a premium subscription to the Tacx Training app, riders can better immerse themselves in their indoor training experience with more than 250 high-quality, real-life videos from around the world and can even join "Ride with the Pros" challenges with exclusive Garmin sponsored team videos. Cyclists can also follow structured workouts, race live opponents, upload GPS data, ride with 3D maps and more. Plus, following a ride, all the data a cyclist relies on most is in the Garmin Connect™ app – making it easy to view ride stats and maps or analyze their progress from anywhere.

Available in January 2023, the Tacx NEO Bike Plus has a suggested retail price of $3,999.99. To learn more about the Tacx NEO Bike Plus, visit Garmin.com.

Engineered on the inside for life on the outside, Garmin products have revolutionized life for runners, cyclists, swimmers and athletes of all levels and abilities. Committed to developing technology that helps people stay active and elevate performance, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. For more information, visit Garmin's virtual Newsroom, email our press team, connect with @garmincycling on social media, or follow our adventures at garmin.com/blog.

¹ Tacx Premium or Premium HD subscription is required

About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin, Tacx and Edge are registered trademarks and Garmin Connect and Firstbeat Analytics are trademarks of Garmin Ltd. or its subsidiaries. The Bluetooth word mark and logos are registered trademarks owned by Bluetooth SIG, Inc. and any use of such marks by Garmin is under license. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 25, 2021, filed by Garmin with the Securities and Exchange Commission (Commission file number 0001-411180). A copy of such Form 10-K is available at http://www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Stephanie Schultz
913-397-8200
media.relations@garmin.com

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SOURCE Garmin International, Inc.

FAQ

What features does the Tacx NEO Bike Plus offer?

The Tacx NEO Bike Plus features realistic road feel, adjustable fit, simulated gradients, and accurate power metrics.

When will the Tacx NEO Bike Plus be available?

The Tacx NEO Bike Plus will be available in January 2023.

What is the price of the Tacx NEO Bike Plus?

The suggested retail price of the Tacx NEO Bike Plus is $3,999.99.

How does the Tacx NEO Bike Plus enhance indoor training?

It enhances indoor training by providing realistic simulations and access to the Tacx Training app for structured workouts and immersive rides.

What company manufactures the Tacx NEO Bike Plus?

The Tacx NEO Bike Plus is manufactured by Garmin.