This has been on the rumor block for a while now, but we just received this press release and figured we’d pass it along:
PRESS RELEASE: Cannondale, leading brand of Cycling Sports Group (CSG) and part of Dorel Industries (TSX: DII.B, DII.A), will present its brand-new E-series for the first time at the Eurobike 2010. Cannondale has taken an entirely new approach to E-cycling, by setting standards with a number of technical innovations, including a new high-performance drive train that was developed in partnership with Bosch over the past two years to optimize Cannondale’s unique frame technology. The range starts with two Urban models focused on performance, ergonomics and aesthetics.
“Cannondale is relentlessly dedicated to creating the perfect riding experience. By focusing on intuitiveness, ergonomics, performance and aesthetics, the E-series provides consumers with increased mobility and a real car alternative“, said Bob Burbank, General Manager, Cannondale. “By partnering with Bosch to develop a truly visionary drive-train technology and opening up that technology to the industry, we’re paving a new mobility path for consumers and leading the way with a performance focused e-bike.â€