Editor's note: Updated to add that orders are due by July 6.
WEST COVINA, Calif. (BRAIN) — Foldaway Solutions, which distributes Oyama Bicycles, Uniche and BTP Bar Tape, is working with BionX Canada's battery supplier to provide replacement batteries for its e-bike conversion kits following the company's bankruptcy and resulting sale of some of its assets earlier in June.
Foldaway Solutions' founder and CEO Ken Fagut, who worked as national sales manager for BionX from 2013-2015, said he wanted to be able to service and support BionX OEMs and dealers after it went into receivership.
"I am thrilled to help. After the bankruptcy I had a flood of calls for help, but was already in the process of seeking solutions. I started seeking ways to help all the past BionX dealers, and realized the number one issue would be batteries," Fagut said. "We couldn't do it right away because of the receivership, but recently I was able to buy several thousand pieces from the supplier. Most of the inventory is for the D-series 500-watt system. I have DV-1, DV, DX, RL and RX batteries. All inventory is fresh and guaranteed."
He said that due to global demand, all orders must be placed by July 6.
Fagut said that although he hasn't made many calls yet, he had sold around 800 units.
"I'm encouraging OEs and dealers not to wait, interest is exceedingly high. It's a first-come, first-served basis, and there are no terms," he said. "I'd say buy as many as you can now. They may make more, but if they do, there will be a delay."
To contact Foldaway Solutions about buying replacement batteries for BionX systems, contact Fagut at 315-882-2808 or ken@foldawaysolutions.com, or Ken DeCesari at 858-663-2515 or ken.decesari@foldawaysolutions.com.
