Veer's carbon fiber drivetrains modernize light electric vehicles (LEVs), replacing old chain drives as cities electrify transportation.
Novato, CA, Dec. 21, 2023 (GLOBE NEWSWIRE) -- A rising force in innovative eBike technology, Veer is captivating investors. The company recently surpassed $150K in investments on Start Engine. The growing recognition showcases a promising investment opportunity for backers on StartEngine.
Veer expresses its sincere gratitude to their community of investors. Funds raised will play a pivotal role in fueling continued growth. This will enable the company to advance its innovative technologies and expand its market presence.
Here's why Veer is a prime investment choice for forward-thinking individuals:
- Redefining the way people think about urban mobility. Their Shift Drive System offers game-changing solutions that transcend traditional eBike functionalities.
- The eBike and global bicycle markets are witnessing exponential growth. Veer is strategically positioned to capitalize on the expanding market demands.
- By advocating for eco-friendly transportation solutions, Veer is contributing to a more sustainable future.
Veer's growth is exponential, with the Light Electric Vehicle Market seeing a 2-3X surge annually. This market encompasses eBikes, e-scooters, and various LEVs. This expanding market, notably the eBike sector, was valued at $28.87B in 2023. The company has grown 2X Annually in the LEV Market.
Even more impressive? They have consistently achieved an extraordinary 200% year-over-year growth since 2019. As they continue to break barriers, this track record positions them as a promising investment opportunity.
Invest in Veer now and be part of redefining local transportation. For those interested in learning more, visit StartEngine.
CONTACT: Katrina Mounivong Business Manager Veer 5307395565 katrina-at-veercycle.com
