The British electric motorbike manufacturer, Covantry-based Mewing has raised £ 8 million in new funding to expand production, accelerate foreign sales and develop new models aimed at the purpose of passengers and women riders.
The company was founded by the university's friends apple England-Jones in 2018 and will be attracted by Venture Capital firms including Will, Venrex, Future Planet Capital and Elbow Capital, with John Inton, co-founder of London, London's London's London's London, and Simon Hill-Norton, the founder of the sweat of the sweat of the Betty. It has also achieved £ 3 million working capital facility from HSBC UK.
Maving exports half its bikes to markets like France and Germany, now its largest international market outside the UK with the US. Despite the disruption of President Donald Trump's tariff-operated trade war, the US sales have increased five times this year compared to 2024.
“The biggest challenge for all manufacturers exporting to the US has been uncertainty for consumers,” England-Jones said. “If people are uncertain about their finance, they are less likely to spend money on discretionary product.”
Inspired by the popularity of simple e-bikes in China with removable batteries, maving founders determined to combine practicality with the design at British engineering and high-end price point. While the cost of the Chinese model can be just a few hundred pounds, the mewing bike starts at £ 4,995.
The company's RM1 and RM1S models can travel up to 80 miles at a full charge, with batteries that recharge in less than four hours for about 73p. Mewing estimates that an average UK costs just £ 4.20 per month in average electricity at a day of 11.4 miles.
Instead of pursuing traditional motorbike enthusiasts, the brand is exploring new riders, especially passengers and residents of the city, is exploring congested public transport options. In 140 kg, the mewing bike is lighter than most motorcycles, making them more accessible – especially for women.
“Our customers are often people who have not riding the load of the first bike and have no affiliation with the petrol engine,” said by English-Jones. “They are not expecting vibration or noise. They want something clean, simple and easy to use.”
MAEVING appoints 67 employees, which includes 50 production on its covantry site, which has the ability to produce up to 11,000 bikes annually. The UK is no longer known for large-scale hardware construction, “but the motorcycle design is one of the things that we are still revered worldwide.”
Graeme Gilbert, head of the company's product, previously worked on the new product design in another British motorcycle brand Triumph.
With its new funding, Mewing planned to double the R&D, ramp up marketing expenses – especially in foreign markets – and cemented its position as a new force in the electric mobility sector.
Amy Ingam
Amy is a newly eligible journalist who specializes in business journalism with expertise in professional journalism, now with the responsibility of news material for the biggest print of the UK and the online source of current business news.