![]() “MiEbike is a mobile app that provides location, alerts, notifications, geozones and location sharing of your E-Bike in the event it is stolen. “With the high cost of E-Bikes, and increase in thefts, providing a discrete easy install GPS tracking solution that provides real-time location data to assist in the quick recovery of your E-Bike,” said Chris Bursey, CEO of DCS. To view an enhanced version of this graphic, please visit: With the high value of E-Bikes, they are 3 times more likely to be stolen than a regular bicycle.Į-Bike Market, Growth Rate by Region (2022-2027) ![]() A bicycle is stolen every 30 seconds in the US, averaging 2 Million bikes stolen a year, with a negative financial impact of $350M per year. The chance of an E-Bike being stolen in the US is 3.8% yearly. The average cost of an E-Bike in the US is $1,800, with the Lithium-Ion battery replacement costs between $500-$600. MiEbike is a mobile app, that is fully integrated into DCS’ MiFleet cloud-based platform that is designed to track E-Bikes in real-time and provide valuable location data in the event of theft, assisting with the rapid recovery of the stolen E-Bike.Īccording to report from Markets and Markets 1, the global E-Bike market is expected to grow from $40B in 2022 to $92B in 2029 with a 12.6% CAGR. (OTCQX: DCSX) (CSE: DCSI) (FSE: 7QU) a leading provider of information technology solutions for the Internet of Things (IoT) market, is excited to announce the launch of MiEbike, the latest cloud-based asset tracking IoT solution for the fast-growing E-Bike market. – October 31, 2022) – Direct Communication Solutions, Inc.
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