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The Zike, or Sinclair Zike, is a lightweight electric bicycle invented by Clive Sinclair and marketed by his company Sinclair Research Ltd in 1992. It was a commercial failure, selling only 2,000 units while originally intended to be produced at the rate of 10,000 a month.
E-bikes have reached a market share of 10% by 2009, as e-bikes sales quadrupled from 40,000 units to 153,000 between 2006 and 2009, [83] and the electric-powered models represented 25% of the total bicycle sales revenue in that year. [82]
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The company did $100,000 in sales during its first year. [6] In the second year sales reached $250,000 [ 6 ] and in 1983 the company received half a million dollars in sales. [ 6 ] Early on, the company's main product was its mountain bikes, and QBP also specialised in importing hard-to-find mountain-bike parts from suppliers in Japan. [ 6 ]
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Shirtless Man Pinned Flight Attendant Against ‘Aircraft Exit Door’ and Threatened Violence, Say Authorities