Thank you for your continued support of Veemo. We can't wait to get you into your Veemo SE. We are getting closer to our initial production run date and we're able to share an update on your delivery window.
We are in the process of finalizing our Veemo SE production specifications and gaining further clarity on our delivery window. The bicycle industry and the world in general has not fully recovered from constraints in supply chain and dramatically lengthened shipping times. This has resulted in the rising of prices across many consumer costs. For those that have already placed a reservation deposit on a Veemo SE, we will honor the posted MSRP of $4,999 USD ($6,395 CAD) effectively absorbing the cost increases coming downstream from our vendors. We will continue to honor this MSRP until 11:59pm PDT, April 30, 2022, after which we are instituting a price increase raising the posted MSRP to $9,999 USD ($11,999 CAD). This price increase covers the increased costs of materials, shipping and labor.
All existing reservations and orders before May 1, 2022 will be at the special introductory price of $4,999 USD, a massive savings of $5,000 off our market pricing.
Production TimelineWith our logistic and supply chain issues in mind, we expect to commence our production run near the end of Q2, June 2022. We are hoping to have these initial production run Veemo SE's shipping to customers in late Summer and early Fall. Units will be offered to each reservation holder/customer based on order date.
We appreciate your pre order and believe that it represents your commitment to living more sustainably and for a better way of living on this planet. We are working hard to increase our production timeline transparency and are thankful for your continued patience. If you have any questions or concerns about your pre order reservation, please reach out to us.