MISSION ACCOMPLISHED – TWIKE 5 minimum funding target achieved!

TWIKE was always COMMUNITY PROJECT and TWIKE pioneers have now managed for the second time in history of TWIKE to support financially the development of a new generation of vehicles.

01.08.2019 - Hurray! The minimum funding target of 2 million € was reached on 31 July 2019, paving the way for the next steps: The TWIKE 5 Start of Production (SOP) will take place in the next six months (February 2020). In the subsequent phase, the production capacity is to be increased to at least one vehicle per working day. With more than 720 reservations for the TWIKE 5, planned for a total of 500 vehicles, we are considering the possibility of increasing production capacity and starting the TWIKE 6 development in a timely manner.

Good news: The TWIKE 6 reservation list is already open. All TWIKE 5 reservation numbers over 500 will automatically become an applicant for the TWIKE 6. Our TWIKE 5 reservation counter will thus remain online and we will continue to accept reservation loans to ensure sufficient liquidity in the first year of production. The TWIKE 5 will benefit not only in development details, but possibly also through earlier delivery.

We are very happy and thanks to all current pilots, TWIKE 5 Pioneers, supporters, friends and the whole TWIKE Team.