E-bike company powers ahead

New stand-alone cargo bike store to open with expansion in Dublin and Mullingar

GreenAer, the Irish owned e-bike retailer, has announced significant expansion plans at its network of stores, including a dedicated cargo bike-only outlet in Dublin.

The move is a response to a surge in interest from both commercial customers and consumers in renewable forms of transport, the company said.

GreenAer currently operates three stores – in Mullingar, Dublin, Cork. It employs 15 staff, and expects to add a further 15 over the next three years.

The company has experienced significant growth during its three years in operation, particularly in 2020, when sales revenue increased four-fold and it sold more than 1,000 e-bikes.

The company is looking to open a new store in Galway this year and will also expand its footprint abroad with partnerships in Paris and Barcelona.

GreenAer is also announcing plans for new retail premises in Dublin in addition to the cargo bike hub.

The increase in demand is being linked by the company to investment in cycling infrastructure by local authorities – an estimated €360 million nationwide in the next four years.

GreenAer is the leading e-bike retailer in Ireland for brands including Raleigh, Haibike, Riese and Muller, Orbea, Moustache, Urban Arrow, Stromer, Gocycle and Hercules.

Olivier Vander Elst of GreenAer says, “The increase in sales is reflective of the fact that so many people have taken up cycling in the last 12 months, and are now looking at alternative, greener forms of transport for their daily commute. E-bikes and e-cargo bikes are perfect for the Covid-19 era of living.

“There are predictions that the European e-bike market will triple within the next five years, and through its hard working sales team, GreenAer has already established itself as the market leader in Ireland.

“Every store in the network has reported exponential interest in e-bikes, and this further expansion will allow us to meet that growing demand in the months and years ahead.”

GreenAer’s new cargo bike store will allow the company to expand its service for business customers. The company already supplies cargo bikes to a number of commercial customers, and is contracted by An Post as its ‘last mile’ vehicle and service provider.

As a result, An Post can boast the largest fleet of electrically assisted tricycles in operation in Europe.