Metroelectric (The Company) is pleased to announce that Powabyke EV Ltd. its wholly owned subsidiary has signed a distribution agreement with Elmonet B.V. to represent Powabyke throughout the Netherlands. The agreement will run for a minimum of one year and gives Elmonet B.V. exclusive distribution rights within the Netherlands. The agreement is renewable annually subject [...]
Author Archives: Ben
Powabyke breaks into the USA
April 7, 2011 – 3:07 pm
Metroelectric (The Company) is pleased to announce that Powabyke EV Ltd. its wholly owned subsidiary has signed a distribution agreement with The Brandsco PLC to represent Powabyke in the United States of America (USA). The agreement will run for an initial fifteen years and gives The Brandsco PLC exclusive distribution rights within the USA. The [...]
Electric Vehicles – Distribution Agreement
July 20, 2010 – 10:23 am
Metroelectric Plc (“Metroelectric” or the “Company) a leader in the manufacture and distribution of electric bicycles and other electric personal transport, is pleased to announce that it has entered into an initial three year exclusive, agreement with Wonder EV Company to distribute its electric cars in the UK and Eire. Wonder EV Company is part [...]
Maiden Profit Announced
June 13, 2010 – 5:33 pm
Further to the Interim Results announcement made earlier today, the Company is delighted to publish a trading statement for the period 1st July 2009 up to 31st March 2010. Total sales for the period of £195,663 resulted in a trading profit for the first time since the Company’s inception. This period includes all the associated costs of the [...]
Metroelectric plc Acquire Powabyke
December 23, 2009 – 10:24 am
Metroelectric plc are pleased to announce the acquisition of Powabyke Ltd- the UK’s leading company in electrically powered bikes www.powabyke.com.