Unlock all articles by subscribing to this international offer

All-Access + BusinessDesk Weekly

Herald Premium, Viva Premium, The Listener & BusinessDesk
Pay just
$10
$2
per week
See all offers
Already a subscriber? Sign in here
Or
Bay of Plenty Times
  • Bay of Plenty Times home
  • Latest news
  • Business
  • Opinion
  • Lifestyle
  • Property
  • Sport
  • Video
  • Death notices
  • Classifieds

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • On The Up
  • Business
  • Opinion
  • Lifestyle
  • Property
    • All Property
    • Residential property listings
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
  • Sport

Locations

  • Coromandel & Hauraki
  • Katikati
  • Tauranga
  • Mount Maunganui
  • Pāpāmoa
  • Te Puke
  • Whakatāne
  • Rotorua

Media

  • Video
  • Photo galleries
  • Today's Paper - E-Editions
  • Photo sales
  • Classifieds

Weather

  • Thames
  • Tauranga
  • Whakatāne
  • Rotorua

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In

Advertisement
Advertise with NZME.
Home / Bay of Plenty Times

Tauranga-based company UBCO unveils electric trail bike model

Bay of Plenty Times
27 Feb, 2020 04:27 AM3 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save
    Share this article
Tauranga-based company, UBCO, has unveiled the Electric Trail Bike. Photo / Supplied
Tauranga-based company, UBCO, has unveiled the Electric Trail Bike. Photo / Supplied

Tauranga-based company, UBCO, has unveiled the Electric Trail Bike. Photo / Supplied

A Tauranga-based utility electric vehicle company has put an electric trail bike on the market.

The New Zealand company, UBCO, has unveiled the Electric Trail Bike (FRX1). It has also launched a public capital raising of up to $2 million to drive further growth in product, inventory and market development, according to a written statement.

According to the company's statement, the FRX1 pairs the power of a motocross bike with the agility of a mountain bike to produce a high-performance, light-weight trail bike designed specifically for off-road riding.

Tauranga-based company, UBCO, has unveiled the Electric Trail Bike. Photo / Supplied
Tauranga-based company, UBCO, has unveiled the Electric Trail Bike. Photo / Supplied

UBCO co-founder and chief executive Timothy Allan said: "The FRX1 Trail Bike adds to the existing 2x2 Utility Bike and the incoming KXH Portable Power Supply. Our goal is to deliver the world's first full off-road electric vehicle platform."

Unlock all articles by subscribing to this international offer

All-Access + BusinessDesk Weekly

Herald Premium, Viva Premium, The Listener & BusinessDesk
Pay just
$10
$2
per week
See all offers
Already a subscriber? Sign in here
Or
Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

Founded in 2015, the company is developing a complete product platform, combining a range of two and four-wheel electric vehicles, with three enabling products and services: portable power, accessories and subscription software.

UBCO first experienced success in 2016 with the launch of the world's first electric-powered two-wheel-drive motorcycle, designed for off-road use in farming, followed by tourism, conservation and a range of other applications. It later released an upgraded dual-purpose model in response to demand for a road-legal version, which expanded its use into recreational and urban environments.

Tauranga-based company, UBCO, has unveiled the Electric Trail Bike. Photo / Supplied
Tauranga-based company, UBCO, has unveiled the Electric Trail Bike. Photo / Supplied

The unique design, functionality, safety and sustainability of its innovative products helped fuel UBCO's successful entrance to the Australian, US and European individual and commercial fleet markets - including agriculture, tourism, conservation, food delivery and postal delivery, among others.

Having sold over 1000 units since launch, and now working with over 120 dealers globally, export sales currently account for 70 per cent of global revenue, with US sales achieving 50 per cent of this. The company is forecasting a jump revenue of $12.1m in FY20-21 with the introduction of new products, including the 5th generation 2x2, Portable Power and the FRX1.

Advertisement
Advertise with NZME.

UBCO plans to use the capital it raises to increase its market share in North America, Europe and Australasia, coupled with further progressing its research and development, customer acquisition and production capabilities.

In 2019, UBCO secured $5.6m through Snowball Effect investors and Venture Capital fund GD1.

Snowball Effect co-founder and chief executive SimeonBurnett said: "UBCO is a Kiwi success story, having pioneered a world-leading position with its technology and customer focused approach. For many investors, this is an appealing offer - especially for those looking to invest in more sustainable technologies."

Pre-orders for the new FRX1 are now available, and scheduled for market delivery in mid 2020.

Discover more

New Zealand

Bye bye begging ban: Council votes to revoke

27 Feb 01:53 AM

Bay player wants to stay ready and catch the eyes of key NRL coaches

27 Feb 09:06 PM

More people reading the Bay of Plenty Times

27 Feb 01:21 AM

Kiri Gillespie: Thank goodness the begging ban quagmire is over

27 Feb 06:00 PM

For more information on UBCO's offer, which is now live to the public, visit: https://www.snowballeffect.co.nz/offers/ubco-2020-extension

Save
    Share this article

Latest from Bay of Plenty Times

Bay of Plenty Times

Siblings to represent Bay of Plenty in NPC rugby

Bay of Plenty Times

Watch: Eight-year-old drummer wows with Green Day covers

Premium
Bay of Plenty Times

How a community leader from a tiny NZ town began working with Mexico's most powerful cartel


Sponsored

Revealed: The night driving ‘red flag’

Advertisement
Advertise with NZME.

Recommended for you

Pedestrian dies in Hamilton car crash
New Zealand

Pedestrian dies in Hamilton car crash

Cars crashing off ‘extremely icy' roads a sign of a chilly week ahead for NZ
New Zealand

Cars crashing off ‘extremely icy' roads a sign of a chilly week ahead for NZ

Man charged after woman found dead at South Auckland address
New Zealand

Man charged after woman found dead at South Auckland address

'Senseless acts of cruelty': Endangered sea lions fatally shot in mouth in Waitaki River
New Zealand

'Senseless acts of cruelty': Endangered sea lions fatally shot in mouth in Waitaki River

Awkward interview sheds new light on Sydney Sweeney
Entertainment

Awkward interview sheds new light on Sydney Sweeney

'Gold standard': NZ urged to adopt new endometriosis care guidelines
New Zealand

'Gold standard': NZ urged to adopt new endometriosis care guidelines



Latest from Bay of Plenty Times

Siblings to represent Bay of Plenty in NPC rugby
Bay of Plenty Times

Siblings to represent Bay of Plenty in NPC rugby

Georgia and Nikora Broughton will both represent the region.

10 Aug 12:00 AM
Watch: Eight-year-old drummer wows with Green Day covers
Bay of Plenty Times

Watch: Eight-year-old drummer wows with Green Day covers

09 Aug 10:00 PM
Premium
Premium
How a community leader from a tiny NZ town began working with Mexico's most powerful cartel
Bay of Plenty Times

How a community leader from a tiny NZ town began working with Mexico's most powerful cartel

09 Aug 08:00 PM


Revealed: The night driving ‘red flag’
Sponsored

Revealed: The night driving ‘red flag’

04 Aug 11:37 PM

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • Bay of Plenty Times e-edition
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Bay of Plenty Times
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • Bay of Plenty Times
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
Unlock all articles by subscribing to this international offer

All-Access + BusinessDesk Weekly

Herald Premium, Viva Premium, The Listener & BusinessDesk
Pay just
$10
$2
per week
See all offers
Already a subscriber? Sign in here
Or
TOP
search by queryly Advanced Search