Can Rungu e-Bike Threaten ATVs?

Rungu Juggernaut MDV Overland, an ATV substitute
The new Rungu Juggernaut MDV Overland is an e-bike positioned as an alternative to ATVs.

Rungu e-Bike Overview

The Rungu Juggernaut MDV Overland is a new three-wheeled e-bike designed for off-road use and as an alternative to ATVs. The e-bike can tow up to 300 lbs and has a 350 lb payload capacity. The drivetrain is a Bafang 1000 Mid Drive with a removable 52V 15 AH Li-ion battery. The dual battery option provides 34 miles of unassisted range. The MSRP is $5,499 but the standard model with one battery is $3,399.

Electrek Rungu e-Bike Review

Electrek.com posted a largely positive review. Some key takeaways from the review.

  • The bike handles a variety of difficult terrain well from soft sand to ruts to stony ground
  • Climbs obstacles very well
  • Performs much better than a two-wheeled fat tire e-bike and more like an ATV but weighs less than 100 lbs
  • Easy to learn how to ride
  • Braking power and three-wheel stability handled extremely steep downhills very well

SVR’s Take

The advent of lower cost lithium batteries and improved electric motors is ushering in a new era of mobility. While much of the focus has been on urban mobility, the Rungu e-bike is an example of the technology making inroads elsewhere. Will the Rungu make significant inroads into the ATV market? Probably not, but it may be able to establish a sizable niche. Producing at higher volume could reduce cost and they could become a formidable substitute. Another possibility is that the Rungu creates a whole new vehicle category.

From a strategic point of view, the Rungu symbolizes a larger threat to the STOV industry. The threat of an industry that may be too complacent and lack vision. As a whole, the industry has not shown great interest in new mobility concepts. although well positioned, STOV companies run the risk of ceding this opportunity to startups and entrants from other industries. Over time, these companies can leverage the manufacturing volume and brand awareness built in new mobility markets, to pursue traditional STOV markets. Is it that far fetched that a company might target urban mobility and then the golf fleet or gated community markets and then head off-road or on campus? Or that Rungu might develop more capable and less expensive e-bike alternatives to encroach further into off-road vehicle segments?

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