Posted AT 9:03 AM EST on 24/09/08
Dorel hoping e-bike rides into the mainstream
MONTREAL Dorel Industries Inc. is betting that fear of soaring gas prices and a new battery technology will propel its latest electric bicycle further into the transportation mainstream.It's counting on a cutting-edge lithium-ion battery from Toshiba Corp. to make its e-bike - the Schwinn Tailwind - the breakthrough product that will truly crack open a market that is already growing rapidly.
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