on CIBOX (EPA:CIB)
CIBOX Ready for Production in Revin from April 2025
CIBOX is preparing to launch production of electric bicycles at its Revin site in April 2025. The company plans to start production at 200 units per day, eventually reaching 600 bicycles per day. CIBOX took possession of the site in January and plans to have it fully fitted out by the end of March. A public inquiry is underway to validate future manufacturing processes, except for the assembly that is already active.
The company plans to manufacture more than 8,000 bikes in the first months through diversified partnerships, although difficulties have been encountered with ZX Power. A second production line will be launched in the second quarter to support the expected increase.
R. E.
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