ANTRIC

ANTRIC GmbH operates as a manufacturer of electric utility vehicles, specifically targeting the last-mile logistics and delivery sector. The company was established in Bochum, Germany, in 2020, originating from a project at the Bochum University of Applied Sciences that began in 2015. It was founded by Moritz Heibrock and Eric Diederich, with Diederich serving as the CEO.

The company's core business revolves around the design and production of its flagship product, a four-wheeled electric cargo bike. This vehicle is engineered to provide a sustainable and efficient alternative to conventional delivery vans in urban environments. The business model focuses on selling these e-cargo bikes to logistics providers, postal services, facility management, and other businesses requiring urban transport solutions. In July 2022, ANTRIC secured a seed funding round of $2.55 million from Cenntro Electric Group, which acquired a 25% minority stake. This partnership also involves Cenntro manufacturing the vehicle at its German facility and marketing it globally.

ANTRIC's main product, initially the Antric One and later updated to the Antric Evo 1, is legally classified as a pedelec, allowing it to be operated as a bicycle. It features a fully suspended chassis, four hydraulic disc brakes, and a weatherproof softshell cabin with a proper seat instead of a traditional bicycle saddle. The vehicle has a load volume of 2.2 cubic meters and can handle a payload of up to 291 kg, which is substantial enough to accommodate a standard Euro pallet. The electric motor provides pedal assistance up to 25 km/h. It is powered by swappable 1.44 kWh LiFePO4 batteries, with two batteries providing a range of approximately 50 km. The design prioritizes user-friendliness for professional use, featuring keyless entry, a windshield wiper, and a rear-view camera.

Keywords: electric cargo bike, last-mile delivery, logistics solutions, urban mobility, e-mobility, commercial EV, pedelec, cargo transport, sustainable logistics, vehicle manufacturing, Cenntro, Antric One, German startup, Bochum, delivery vehicle, fleet solutions, e-cargo, four-wheel cargo bike, swappable battery, Euro pallet compatible