Tern (company)

Tern is a privately held company that designs, manufactures, markets, and sells bicycles for everyday use. The company is based in Taipei, Taiwan and has offices in the US, China, Finland, and the UK. The company's primary products include folding bicycles, electric bicycles, and cycling accessories which are currently sold in 65 countries.[1][2][3]

Tern Bicycles
IndustryManufacturing
Founded2011
FounderFlorence Shen, Joshua Hon
HeadquartersTaipei, Taiwan
Key people
Florence Shen (general manager), Joshua Hon (vice president)
ProductsFolding bicycles
Electric bicycles
Cycling accessories
Websiteternbicycles.com

History
Tern's public debut at Eurobike 2011

Tern was founded by Florence Shen and Joshua Hon, wife and son of David T. Hon, founder of the established Dahon brand of folding bicycles. Initially the company was the subject of litigation between Dahon and the founders, but a settlement was reached in 2013. The Arctic tern was the inspiration for the company name, due to the fact that it travels the longest distance of all migratory animals and is light and small, qualities the company attributes to its bicycles. The company's graphic symbol is of an origami tern taking flight.[4]

Products
A folded Link D8
The Tern-Xtracycle Cargo Node folding cargo bike.

Tern currently has eight bike lines: GSD, Vektron, Verge, Link, Eclipse, Node, Joe, and Roji. Each bike line offers different models with different specifications. Tern also has an accessory lineup, which includes its sister brand BioLogic.[5] In August 2014, Tern announced its first electric bike, the eLink. The eLink weighs 21 kilograms (46 lb) and folds in under 10 seconds. It is equipped with mudguards, rack, chainguard, lights, and features a Shimano Nexus 8 internal hub and Schwalbe Big Apple tyres.

Tern partnered with cargo-bike specialist Xtracycles to create the Cargo Node, a folding cargo bike that uses the Tern Node bicycle and Xtracycles' rear cargo extension attachment. The companies announced the product via a Kickstarter campaign on September 17, 2015 and raised US$153,638 to help fund the project.[6]

Dahon lawsuit

From 2011, Tern was the subject of litigation between Dahon North America Inc. and Joshua and Florence Hon. Specifically, the lawsuit charged that Joshua Hon and Florence Hon breached their fiduciary duties as officers of Dahon to start the competing companies Mobility Holdings and Tern.[7] On April 2, 2013, industry media reported that Dahon unilaterally declared its legal disputes with Tern were settled.[8]

gollark: 2024.
gollark: <@293066066605768714> gueßs.
gollark: ++remind 1h3m guess code
gollark: I just said. Please keep up.
gollark: Anyway, I expect a full report on your solution prepared.

References
  1. "About Us". Retrieved 20 April 2012.
  2. "Tern Growing Steadily into First Full Year". Bike Europe. March 31, 2012. Retrieved April 20, 2012.
  3. "Tern grows international distribution". Bicycle Retailer and Industry News. January 7, 2015. Retrieved April 21, 2015.
  4. "Tern: A new folding bike brand takes flight". BikeRadar.com. July 2, 2011. Retrieved April 20, 2012.
  5. "Bikes". Tern.
  6. "Cargo Node: World's most useful bike now fits in your closet". Kickstarter. September 17, 2015. Retrieved October 27, 2015.
  7. "Dahon Files Lawsuit Against former Officers Joshua Hon and Florence Hon". Bike Europe. Retrieved 2012-10-12.
  8. Jack Oortwijn. "Tern on Dispute with Dahon: 'Agreement Reached'". Bike Europe. Retrieved 2013-04-16.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.