Okawa Electric

About Okawa Electric

Okawa Motor Technology, founded in 2020 by Dr. Luca Du, specializes in e-mobility, producing drive units, controllers, and related accessories for the e-bike market. The company provides hardware and software solutions for both commercial and consumer use, including applications for last-mile delivery fleets and bike-sharing or rental services. Okawa has developed a 2-in-1 drivetrain and gear shift system and offers its products via direct purchase or a subscription model that includes a comprehensive service plan. This service model guarantees product functionality over its entire lifecycle, with a logistics network that ensures parts are delivered within 48 hours from a central warehouse in Europe.

The company's technology includes the Okawa App, which allows users to manage their e-bike fleet, perform diagnostics, and apply software updates wirelessly via Bluetooth. In March 2023, Okawa Motor Technology Europe B.V. established a new office and warehouse in Nijkerk, Netherlands, to serve as its European headquarters. The company has received a €16 million investment from an international investor group, which holds a 30% stake. Dr. Luca Du and some employees retain a 60% ownership, with the remaining shares held by Yadea (5.5%) and private investors (4.5%).