Stigo, the World's Fastest Folding Electric Vehicle, Wins Bronze in the 2017 Spark Design Awards

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TALLINN, Estonia - Nov. 28, 2017 - PRLog -- Stigo Ltd, a leading developer of electric vehicles for last mile travel, has been named a bronze winner in Transport Design in c.

As cities become more congested, last-mile transportation has become more complex and stressful than ever before. Public transport doesn't take us exactly where we need to go, parking is unavailable, owning a car is unreasonable and walking can take too long in a congested city. With this in mind, we designed Stigo as an innovative last-mile transportation solution for commuters who are constantly on the go, travelling short distances, or working in high rise buildings without sufficient storing and parking facilities. Stigo is the world's fastest folding electric vehicle that can be folded and unfolded in just seconds, stored indoors, taken on public transportation and charged anywhere with a standard outlet.

"The average US commuter spends almost 50 hours a year in traffic, wasting thousands of dollars on gas and valuable time with friends and family", said Ardo Reinsalu, CEO of Stigo. "Using a 4000-pound four-wheeled vehicle to move a 150-pound person is something many don't question. At Stigo, we questioned this and were motivated to create a highly functional e-vehicle that is lightweight and quick to fold in its towable form, without compromising ergonomics, aesthetics, user-experience and safety in the riding mode. We were told that creating such a vehicle was going to be impossible, but our team at Stigo proved it possible and we are honored that our effort in creating a better alternative for urban travel has been acknowledged by the Spark team."

The 11th annual International Spark Awards program was the most competitive in its history, with the highest number of awards submissions to date and a distinguished judging panel of over 30 jurors assembled. View the winners of the 2017 Spark Awards here.

About Stigo:

Stigo is a leading developer of electric vehicles for last-mile travel in urban areas. By delivering innovative transportation solutions, we help our customers move fast, easily and comfortably. Built on Nordic design principles, the e-vehicles are made from aluminum to provide a sturdy but lightweight frame that can be easily folded and rolled like a suitcase. Additional press materials can be found here.

For further information, please contact Stigo Ltd.

Kristine Veinberg

kristine@stigobike.com

www.stigobike.com
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