Gocycle’s designer-in-chief Richard Thorpe is rebooting the e-bike company he founded more than two decades ago. Following a January restructuring to reduce overhead, Thorpe is now turning to crowdfunding to help launch a new series of F1-inspired e-bikes while also expanding into nonelectric foldables — a space currently dominated by Gocycle’s British compatriots Brompton.
Institutional investors are now watching from the sidelines, licking their wounds. Gocycle’s 2025 e-bike range includes the five-speed CXi Cargo bike already announced in addition to a five-speed SXi to be sold in both electric and nonelectric versions. According to Thorpe, expansion into nonelectric foldables will grow its sales opportunities by 15x as Gocycle starts to “challenge the main incumbent folding bike maker.