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Newegg (NASDAQ: NEGG) has announced a wide range of electric bikes, addressing the increasing consumer interest due to high gas prices. Highlighting the environmental benefits, the company is positioning e-bikes as a sustainable and economical commuting option.
The release includes an educational video and a detailed buying guide to assist consumers in making informed choices. Newegg aims to capitalize on current market trends by offering competitive pricing and a diverse selection of e-bike models.
Positive
Launch of a wide assortment of electric bikes to meet growing demand.
Emphasis on sustainability and cost-saving transportation options.
Educational resources provided, including a buying guide and video, enhancing customer experience.
Negative
None.
Electric bikes are a more sustainable mode of transportation, a cost-saving investment and a leisurely local commute option
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--
Newegg (NASDAQ: NEGG), a leading global technology e-commerce retailer, today unveiled details about its large assortment of electric bikes. With high gas prices, electric bikes have become more popular than ever and offer a sustainable green solution to global air pollution.
Newegg employee Jeremy Threat takes a ride on one of the company's best-selling electric bikes. (Photo: Business Wire)
Customers will want to consider different elements when shopping for an electric bike like ensuring they find the right battery power and tire size to suit their needs, whether they choose to ride on bike paths, along city streets or on mountain trails.
A Newegg educational video offers customers information about e-bike features and options. The video follows Newegg’s service of offering deep technology analyses so consumers can make smart buying decisions.
Newegg has a wide selection of e-bikes with competitive prices and trending features. An electric bike buying guide offers more tips.
“With rising gas prices, electric bikes are environmentally friendly and are quickly becoming a great option for local daily transportation and commuting to work or school,” said Michael Plaksin, Vice President of Brand Growth and Development for Newegg. “There are several important elements to consider before buying an e-bike. We developed a detailed buying guide as a starting point to help a customer make an informed decision to purchase their first e-bike. The guide provides information so customers can consider making an e-bike part of their active lifestyle.”
About Newegg
Newegg Commerce, Inc. (NASDAQ: NEGG), founded in 2001 and based in the City of Industry, Calif., near Los Angeles, is a leading global online retailer for PC hardware, consumer electronics, gaming peripherals, home appliances, automotive and lifestyle technology. Newegg serves businesses’ e-commerce needs with marketing, supply chain, and technical solutions in a single platform. For more information: Newegg.com.
This news release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations, opinion, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including "will," "may," "expects," "projects," "anticipates," "plans," "believes," "estimate," "should," and certain of the other foregoing statements may be deemed forward-looking statements. Although Newegg believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The Company takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by the Company. The Company's SEC filings are available at http://www.sec.gov.
