VeloMetro Mobility

VeloMetro Mobility, Inc.

Company type	Private
Industry	Electric vehicle manufacturing
Founded	2014
Founder	Kody Baker, Sean Boyd, Jonathan Faille, John Stonier
Defunct	January 23, 2023 (2023-01-23)
Fate	Filed for bankruptcy; assets acquired by Envo Drive Systems
Successor	Envo Drive Systems (intellectual property and assets)
Headquarters	Vancouver , Canada
Area served	Canada, United Kingdom, United States, European Union
Key people	Kody Baker, Sean Boyd, Jonathan Faille, John Stonier
Products	Veemo electric velomobiles

VeloMetro Mobility, Inc., operating under the brand name Veemo, was a Canadian company headquartered in Vancouver specializing in the production of electric velomobiles. Following eight years dedicated to research and development, the firm introduced a three-wheeled, semi-enclosed velomobile equipped with electric assistance, known as the Veemo. These vehicles generally do not require a driver's licence and are permitted for use on both bicycle lanes and public roads.

History

Established in 2014 by Kody Baker, Sean Boyd, Jonathan Faille from Perkuna Engineering, along with entrepreneur John Stonier, VeloMetro presented its initial prototype during the same year. The Veemo was later exhibited at the 2016 BC Tech Summit. A pilot program commenced at the University of British Columbia toward the end of 2017, deploying five units for public use by February 2018. This trial phase concluded in April 2018.

By late 2019, VeloMetro redirected its focus toward producing and distributing an updated, lightweight, and stable generation of Veemo vehicles aimed at environmentally aware consumers. The revamped design incorporates a semi-enclosed structure with a more rigid monocoque chassis, maintaining a dry weight below 62 kg. It utilizes a novel belt drive system combined with a continuously variable transmission integrated into the rear hub. Meeting regulatory standards such as EN 15194 (EU) and eBike laws across Canada, the UK, and the US, this model is legally allowed on bike lanes without needing insurance or a driver’s licence. The company planned to sell directly to consumers as well as supply fleets for shared mobility services.

VeloMetro filed for bankruptcy effective January 23, 2023. As of July 2023, its intellectual property and assets were acquired by Envo Drive Systems, which intends to restart Veemo manufacturing by mid-2024.

Vehicle

The Veemo is designed as a single-occupant pedal-electric (Pedelec) hybrid vehicle classified as an electric bicycle under Canadian regulations. It reaches a maximum speed of 32 km/h (20 mph) with a power output capped at 500 watts. The second-generation iteration weighs approximately 62 kg and is capable of ascending inclines with gradients up to 20%. Its semi-enclosed body provides sufficient space to accommodate a standard overhead suitcase. Battery replenishment is facilitated through a swapping system.

Veemo Service

The Veemo Service concept aimed to implement a one-way fleet-sharing model akin to car2go, accessible via both website and mobile application. Registration did not require a driver’s licence; users would be charged per minute and could park vehicles within designated home zones displayed on an in-dash interface.

Nonetheless, this service never launched commercially because it depended on the fully enclosed prototype vehicle, which remained in development without reaching production.