GM launches electric bicycle brand Ariv, landing in European market this year
GM's small electric bikes in Belgium and the Netherlands sell for € 2,800 (about 21,400 yuan), while folding bikes sell for € 3,400 (about 25,900 yuan). In Germany, the prices are 2750 euros (20.988 million yuan) and 3350 euros (25.567 million yuan).
GM first announced its electric bike program in early November 2018. The two newly launched electric bikes will be sold under a new brand called Ariv. The range is about 40 miles (64 kilometers) on a single charge, and the charging time is 3 and a half hours.