CLIP

CLIP is a Brooklyn-based clean mobility company that makes a portable, tool-free device that clips onto a regular bicycle's front fork and turns it into an e-bike in seconds. Founded in 2018 by Som Ray and Clement de Alcala, the friction-drive motor weighs under 10 pounds, fits in a backpack, and provides pedal assistance up to 15 mph - positioning itself as a far cheaper, lighter alternative to buying a full e-bike. The company sells to consumers starting at $499 and is pushing a lower-cost model, BOLT, aimed at bike-share fleets and emerging markets.