Marc Alexander appointed CEO of Savic Bikes
Savic Bikes has introduced the appointment of Marc Alexander as Chief Government Officer, with founder Dennis Savic remaining concerned within the enterprise as a member of the Board of Administrators.
The Melbourne-based electrical bike producer confirmed the management change following the completion of a $2 million strategic funding spherical, which the corporate says will assist deliberate worldwide growth and the opening of a powertrain sub-assembly facility.
Alexander brings greater than 25 years of expertise throughout technology-led industries, together with enterprise techniques, electrical car platforms, autonomous applied sciences, IoT and shopper automotive merchandise. He has been working with Savic Bikes in current months and formally assumes the CEO position forward of what the corporate describes as a growth and manufacturing scale-up interval in 2026.
Dennis Savic, who based the corporate in 2016, will proceed to contribute in a strategic capability via his position on the board and can stay concerned, exhibiting route on key initiatives.
Savic Bikes confirmed that manufacturing of its C-Sequence electrical bike will proceed at its West Melbourne headquarters. As well as, a Savic-owned powertrain sub-assembly facility in Taizhou, China, is scheduled to begin operations in December 2025. The power is meant to assist elevated manufacturing capability and provide chain necessities as the corporate seems to be towards abroad markets, together with Europe.
The corporate cited broader progress within the world electrical bike sector as a part of its longer-term planning, noting that market analysts venture continued growth over the approaching years. Savic Bikes has beforehand launched the C-Sequence electrical bike to the Australian market.
Savic Bikes confirmed that its present govt staff stays in place, supported by strategic funding companions following the current funding spherical.
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