Founded in 2017, Cargoroo is about 1/4 the size of a car. You only need to download a dedicated APP to scan the code to use the car. In addition to reducing carbon emissions, yellow cargo electric bikes will also provide users with a healthier lifestyle.”
According to Cargoroo's statistics, more than 50% of car trips in cities can be replaced by cargo bicycles. In 95% of the time, there is no space for cars to use, and the parking of these cars alone requires 60% of public space.
In 2019, Cargoroo won the European Mobile Entrepreneurship Award, and the country also subsidized the company. Subsequently, the company's business expanded to many cities in European countries, including the Netherlands, the United Kingdom, Belgium, Germany, and France. However, the manufacturing cost of this large vehicle is much higher than that of electric bicycles of the same level, about 5,000 euros. Whether it is user promotion or manufacturing costs, Cargoroo needs more funds to penetrate the European market.
In Germany, 103,200 cargo bikes were sold in 2020, a 35% increase compared to 2019, and in France, 11,000 electric cargo bikes were sold in 2020, a 354% increase compared to 2019. The growth of electric cargo bicycles in the field of shared services is also obvious, and the development speed of products and services is also faster and the number is larger.
（Image Source：marketresearch）
Cargoroo targets families with children, small business owners who need to transport a small amount of inventory, and groups who need to move heavy objects, and has identified the needs of these groups who need more light and fast transportation tools. Secondly, public events and "trial days" are often held to promote, and the effect is remarkable.
According to Cargoroo statistics, about 70% of vehicles are used by families with children for pick-up and drop-off. Compared with shared scooters or bicycles, Cargoroo cargo bicycles usually last longer. Feature options.
