Congestion-busting bike start-up to create 20 new jobs

A Beeston-based bike start-up has created 10 local jobs and says it will create 20 more following an upcoming funding round.

WAU Motors has recently launched a new bike which it believes is the perfect solution to Nottingham’s growing congestion issue.

The company’s Model X ebike is assisted by an electronic motor and can accelerate to speeds of over 15-plus miles per hour. It has a range of up to 220-plus miles on a single charge.

Founders Linas Pozerskis, Crystal Drury and Tony Pun are now looking to drum up further investment to supercharge their expansion plans.

WAU CEO Pozerskis said: “Launching the new Model X to the public has taken some significant sacrifices from all of the founders. Each of us has regularly worked 100-hour weeks and couch-surfed to put every penny into the project, and we are very proud of the result.

“Our team is ecstatic to show how the Model X provides a solution to the developing urban mobility problem. This fifth iteration of our ebike is the result of years of real-world user testing here in Nottingham and similar cities across the UK.

“All of the years put into perfecting the bike paid off. At the end of last year, we achieved funding from a range of UK based investors, which has enabled us to make our vision a reality.”

Pozerskis added that the decision to base the firm in the Nottingham area has already paid dividends.

He said: “We couldn’t have developed this product to such a high level of finish anywhere else. Nottingham has proven to be a great place to do business. We have been able to learn from real user’s needs and reverse engineer the ideal solution by working together with city residents.

“In our first 40 days of trading, we sold over £320,000 worth of WAU bikes from our Midlands based distribution centre, which enables us to guarantee delivery to customers within 72 hours.”