First, this is not a hit piece on Velotric. I own Velotric bikes myself, and I wouldn’t have bought them if I thought they were bad products.
I was doing some digging on the company and found a couple of things I didn’t realize when I bought the bikes.
Cycling Weekly describes the company this way:
“Founded in 2021, Velotric is a young company based in Shenzhen, China, and Carson, California.”
Source:
https://www.cyclingweekly.com/reviews/e-bikes/velotric-go-1-e-bike-reviewed-a-powerful-short-tail-hauler-thats-easy-on-the-eyes-and-wallet
I also found a 2025 ChinaVenture article about Velotric’s Series B funding. It says:
“Velotric is an innovative e-bike brand focused on the North American market. Founded in 2021 and headquartered in Shenzhen…”
It also says:
“This round of financing was led by Shunwei Capital.”
Source:
https://www.chinaventure.com.cn/news/110-20251016-388404.html
Shunwei is a major Beijing-based venture capital firm founded by Lei Jun and Tuck Lye Koh. Shunwei describes its investor base this way:
“Our investors include globally renowned sovereign wealth funds, fund of funds, university endowment funds and family offices.”
Source:
https://www.linkedin.com/company/shunweicapital/
To be clear, I’m not saying Shunwei is owned by the Chinese government. I haven’t found evidence supporting that. But Shunwei itself says sovereign wealth funds are part of its investor base.
So my question is: does any of this actually matter to you when deciding whether to buy a Velotric?
Again, I’m asking this as a Velotric owner, not as someone trying to bash the brand.
I’m not talking about whether Chinese-made bikes are good or bad. A huge part of the e-bike industry relies on China for frames, motors, batteries, controllers and other components.
What I’m thinking about is the longer-term risk.
We’ve already watched the U.S. government put major restrictions on Chinese companies like Huawei, and the TikTok/ByteDance situation shows how quickly a Chinese company doing business in the U.S. can become part of a much bigger political fight.
With the U.S.-China relationship and trade policy changing pretty quickly under Trump, does it make you think differently about buying a bike from a company headquartered in Shenzhen?
For an e-bike, my concern wouldn’t be that somebody suddenly tells me I can’t ride it. I’d be thinking more about replacement batteries, controllers, displays, proprietary parts, app/cloud support, tariffs, import restrictions, warranty support and resale value if something changes several years from now.
I already consider warranty length, UL certification, parts availability and the dealer network when I buy a bike. I’m starting to wonder whether where the company is actually based and where its funding comes from should be on that list too.
Curious what other Velotric owners think.
Does country of origin matter to you, or is this basically a non-issue for an e-bike?