from the April 2014 issue

Israel Corp's joint venture presented the EBIKE prototype in Geneva

Israel Corporation (TASE: ILCO) and China's Chery Automobile Company Ltd. joint venture Qoros has unveiled a prototype of a smart electric bicycle - EBIKE - at the Geneva International Motor Show. The bike, one of the most advanced electric bicycles ever developed, is equipped with a large battery, electric motor, touchscreen display and traditional pedals.

Israel Corp.'s Qoros opens first European car Combining the motor with physical pedaling, the bicycle can reach 60 kilometers per hour and a range of 120 kilometers before the battery needs recharging.

The EBIKE also features a 5-inch touchscreen display mounted on the handlebars, which connects to the Qoros platform for route planning, navigation, and other apps.

The battery takes 80 minutes to fully recharge from any regular electricity connection and it is expected to cost around €5,000

Reprinted from the Israel High-Tech & Investment Report April 2014

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