Segway & Vinfast discover new electric bikes on CES 2024

The introduction of electric bicycles of two experienced Micomobilities players, Segway and Vinfast, asks the CES 2024 whether these new offers will significantly affect the industry or just contribute to the already saturated market.

Vinfast, a distinguished player in the global intelligent electric vehicle revolution, has discovered his inauguration electric bikes at an extensive trading in Las Vegas last week. As a Vingroup as a Vietnamese automotive company and a branch of 2017, Vinfast has been operating from a top manufacturing complex in Hai Phong, Vietnam, characterized by 90% automation.

The company is dedicated to encouraging a sustainable future for continuous innovation, providing high quality products, intelligent services and noisy user experiences. Vinfan’s mission encourages global cooperation for the future marked by intelligent mobile and a sustainable planet.

After looking at the CES 2023, Vinfast officially launched Drgnfly, an electric 750 W drive that marked his debut in the US electric bicycle market.

Estimation of $ 2,800, DRGNFLY boasts a series of features, including a built -in 4G connection, a accompanying application rich in features and an intelligent functional package such as driving methods, remote lock/bicycle locator (GPS), driving statistics and remoteness statistics.

However, given the prevailing involvement of these features in bicycles in a similar range of prices and strengths, Drgnfly faces questions about what sets it apart from the competitors.

Some critics claim that designer similarities between Drgnfly and other well-known electric bicycles are overshadowed by Vinfast claims about cooperation with the Danish World Class Design Studio Eskild Hansen.

While Vinfast first enters the electric bicycle market, it is speculated about whether the company has played too safely. Only time will reveal whether Drgnfly will uniquely establish in the industry. Significantly, Segway, known for its devastating designs, also embarks on the electric bicycle market, introducing two different models.

Segway’s Xafari targets adventurous and off-road enthusiasts, containing an expansive 913WH batteries paired with a rear head of a 750 W rear head, extending up to 80 Nm of torque. With double suspension and elegant design, Xafari seems to be adapted to fill the riders preferences in this specific niche for electric bicycle.

On the other hand, Xyber from Segway blurred the line between electric bicycles and motorcycles. Equipped with 120 mm of front and rear suspension, along with a significant battery capacity up to 2880 Wh and 175 Nm of torque, xyber defiance with simple categorization within traditional electric cycling segments. Despite the speculation about the potential targeted market, further details are required to fully understand the specifications and the audience for this unconventional ‘e-bicic’. More information is expected to illuminate Segway’s strategy in this dynamic market.

We are witnessing an increase in companies that aim to expand their presence in the electric vehicle market (EV) by switching on electric bicycles in their production lines. Does this signal a move on the market? Little probably. Is it revolutionary? Not at all. However, the approach to the companies serves two purposes: it adds further credibility to the electric bicycle market and contributes to the saturation of the market already flooded with electric bicycle options.

This situation is favorable because it is predicted that the electric bicycle market maintains its impressive sales growth. Furthermore, reputable companies and high quality products usually appear as leaders in the middle of competition. The question remains: will these new offers of various companies be established as industry leaders along with established players? Time will be the ultimate judge and we will closely monitor the development of both newcomers to evaluate their impact on the market.