Project description DEENESFRITPL Transforming the bike into a delivery tool The explosion of e-commerce has arrived to challenge urban last mile logistics, as customers demand instant delivery services. The bicycle is the alternative to cars and trucks as it can deliver goods in a clean and fast way. K-Ryole has developed the first painless electric trailer that can carry loads up to 350 kg and can be attached in seconds to a bicycle’s seat tube. The EU-funded Have a BLaST project developed and industrialised an innovative connected trailer with increased payload and reduced cost. The project completed a feasibility study to assess risks, scale-up costs, and the European regulatory frameworks and performed a detailed analysis of the global last mile market. Show the project objective Hide the project objective Objective In Europe, about 50% of light goods could be transported by bike instead of cars, because a bike is fastest on short trips, ecological, without noise, congestion and parking problems. K-Ryole is the first painless electric trailer which can carry a load up to 250 kg, securely and without any additional effort. The trailer can be attached in seconds to any bicycle’s seat tube and turn it into a tool for easy transportation of goods. Indeed, bike is the fastest means of transport of small trips, fully ecological, without noise, congestion and parking problems. Urban last mile logistics is a perfect initial market for K-Ryole. Led by recent explosion of e-commerce (up to 48% growth of delivery volume), and new customers demand for instant delivery services (one-hour, one-day delivery), this segment looking urgently for new solutions to replace cars in urban environment. The interest of customers is big. Several large international retails (Intermarché Letter of intent, Carrefour, Auchan, etc.) as well as parcel delivery companies (The French Postal Company, German Dachser Intelligence Logistics company, Letters of intent) are already started first paying K-Ryole beta-tests and aware to buy product as soon as possible. K-Ryole plans to sell about 10 000 trailers (0,5% market share) in Europe in 2025, earn €55 million and create 98 new jobs. Have a BLaST project will allow the company to develop and industrialise an advanced, connected trailer, with payload increased and lower cost to attract new customers and broaden reachable target. K-Ryole will first complete a feasibility study to further analyse risks and costs of scale-up, the European regulatory frameworks and will conduct in-depth analysis of the global last mile market in cities. The SME Instrument will complement funding necessary to reach commercialisation (~€4m), accelerate international development and permit K-Ryole to become a European and world-wide champion in the urban last mile industry market. Fields of science social scienceseconomics and businessbusiness and managementcommercee-commercesocial scienceseconomics and businessbusiness and managementbusiness models Programme(s) H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs Main Programme H2020-EU.3. - PRIORITY 'Societal challenges H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies Topic(s) EIC-SMEInst-2018-2020 - SME instrument Call for proposal H2020-EIC-SMEInst-2018-2020 See other projects for this call Sub call H2020-SMEInst-2018-2020-1 Funding Scheme SME-1 - SME instrument phase 1 Coordinator K-RYOLE Net EU contribution € 50 000,00 Address 17 RUE DE LA VANNE CENTRE D'AFFAIRES ARC-EN-CIEL 92120 MONTROUGE France See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Ile-de-France Ile-de-France Hauts-de-Seine Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 71 429,00
