Clip, a startup specializing in bike technology, has developed an affordable e-bike attachment named Bolt, aiming to revolutionize transportation for low-income users. Unlike traditional e-bikes priced from $1,000 to $10,000, Bolt allows any bike to easily become electric with a friction-drive motor that quickly attaches to the front wheel. This innovation targets global markets, particularly in places like India, enabling users to enhance their biking experience for just $100 and provide a sustainable solution for everyday transport.
"The idea was: What if we could have something we could attach to the bike without any tools, within seconds?"
"We want to make it really affordable for people who essentially use the bicycle as a lifeline."
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