This has been on the rumor block for a while now, but we just received this press release and figured we’d pass it along:
PRESS RELEASE: Cannondale, leading brand of Cycling Sports Group (CSG) and part of Dorel Industries (TSX: DII.B, DII.A), will present its brand-new E-series for the first time at the Eurobike 2010. Cannondale has taken an entirely new approach to E-cycling, by setting standards with a number of technical innovations, including a new high-performance drive train that was developed in partnership with Bosch over the past two years to optimize Cannondaleâ€™s unique frame technology. The range starts with two Urban models focused on performance, ergonomics and aesthetics.
â€œCannondale is relentlessly dedicated to creating the perfect riding experience. By focusing on intuitiveness, ergonomics, performance and aesthetics, the E-series provides consumers with increased mobility and a real car alternativeâ€œ, said Bob Burbank, General Manager, Cannondale. â€œBy partnering with Bosch to develop a truly visionary drive-train technology and opening up that technology to the industry, weâ€™re paving a new mobility path for consumers and leading the way with a performance focused e-bike.â€