InMotion/SoloWheel

About InMotion/SoloWheel

Established in 2012 in Shenzhen, China, INMOTION Technologies is a company operating in the personal electric mobility market, specializing in Sensor Controlled Vehicles (SCVs). The company was started by a group of six university classmates, including current founder Bob Yan, who aimed to introduce a unique form of electromobility. INMOTION's business encompasses the entire lifecycle of its products, from research and development to manufacturing and marketing. The company's business model is centered on the direct sale of its electric vehicles, which include electric unicycles (EUCs), e-scooters, and e-bikes, targeting urban commuters and personal mobility enthusiasts.

The company's product line features self-balancing technology that utilizes gyroscopes and accelerometers to interpret a rider's body movements for steering, acceleration, and braking. This technology is a core component of their electric unicycles and other SCVs, which can reach speeds of up to 50 km/h (31 mph). Certain models are equipped with suspension systems to handle uneven terrain. A key event in the company's history was its strategic partnership with Solowheel, the brand created by EUC inventor Shane Chen. In late 2016, facing patent challenges in the U.S. market, INMOTION entered into an agreement with Chen to form a joint venture. This allowed INMOTION to officially enter the U.S. market by rebranding some of its models, like the V5 and V8, as Solowheel Glide 2 and 3.

Financially, INMOTION Technologies has secured $20 million in funding over two rounds, culminating in a Series B round of $17 million in December 2014, with Tiantu Capital as an investor. The company's products are part of the growing electric unicycle market, which is driven by urbanization and a demand for eco-friendly last-mile transportation solutions. INMOTION positions itself by emphasizing safety, performance, and advanced features such as app connectivity for smart controls. The company also produces a range of vehicles and components for industrial and commercial electric vehicles, including forklift trucks and construction equipment, leveraging decades of experience in power electronics.