Skip to main content
Go to the home page of the European Commission (opens in new window)
English English
CORDIS - EU research results
CORDIS

VELLO BIKE+ Connected Multimodal Commuting for Greener Cities

Project description

Make way for a self-charging e-bike

Curbing the rise of pollution rates worldwide hinges on the introduction of innovative micromobility products offering city residents more eco-friendly mobility opportunities. Austrian company VELLO specialises in innovative mobility products and has developed VELLO BIKE+. It is the world’s first self-charging folding e-bike. It runs on a kinetic energy recovery system with super-efficient energy regeneration and real-time environmental sensing and connectivity abilities. The EU-funded VELLO CMC project will bring this bicycle from beta product and production to full-scale production targeting the EU market. The project will maximise the social impact of the product, providing additional options for individual e-mobility, raising application for e-bikes and filling gaps related to multimodal mobility.

Objective

VELLO has designed the world’s first self-charging folding e-bike, VELLO BIKE+. We want to take this product, VELLO BIKE+, from beta product and production to full-scale production for a successful EU-wide roll. We do this by maximising social impact from production to user, and exploiting a 296 MM€ (by 2024) business opportunity. Thus, we are convinced that with this novel e-bike, we can provide additional choices for individual e-mobility with high benefits, bringing more people on bikes, raising the field of application for e-bikes, and at the same time filling important gaps in terms of multimodal mobility. VELLO is an Austrian-based R&D hub and manufacturer of innovative mobility products established in 2017. We have successfully developed a series of innovative solutions in the field of mobility.
It is estimated that 95% of the world’s population is breathing dirty air, which contributes to severe diseases to the lungs and heart. Cities are the biggest contributors. While accounting for only 3% of the earth’s surface, they generate 75% of all carbon emissions. There is a need for decarbonised cities and a wide range of greener micro-mobility products providing city dwellers with more and better choices. Less fossil-fuel driven cars means a reduction in CO2 emission rates.
Folding e-bikes are one of the solutions, but existing ones are heavy, complicated to fold, feel unstable when riding and do not recuperate energy. Moreover, no other existing folding e-bike enables IoT connectivity that would allow the development of new business models and offerings. We have developed the first self-charging folding e-bike that runs on kinetic energy recovery system (K.E.R.S.) with super-efficient energy regeneration and real-time environmental sensing and connectivity capabilities. With this new e-technology, we are currently also the lightest e-bike on the market. Our patented self-charging folding bike benefits users and cities by enabling multimodal commuting.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.

You need to log in or register to use this function

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-1 - SME instrument phase 1

See all projects funded under this funding scheme

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-EIC-SMEInst-2018-2020

See all projects funded under this call

Coordinator

VELLO GMBH
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 50 000,00
Address
REINPRECHTSDORFER STRASSE 58-60 / MARGARETENSTRASS TOP 9-11
1050 WIEN
Austria

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
Ostösterreich Wien Wien
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 71 429,00
My booklet 0 0