4 Sustainable Energy Business Success Stories [2024]

Pat Walls

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Updated: November 1st, 2023

Start A Sustainable Energy Business

Here are some real life success stories of starting a sustainable energy business:

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Starting A Sustainable Energy Business: Everything You Need To Know

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1. GIN e-bikes ($360K/year)

Two founders, Marina and Rahul, met on the Y Combinator startup school platform. After recognizing each other's skills and passion for green energy, they decided to launch GIN e-bikes. With a lightweight design, hydraulic brakes, and a battery life of over 70 miles, GIN e-bikes quickly gained popularity, selling hundreds of units solely through positive word-of-mouth referrals.

How much they make: $360K/year
How much did it cost to start: $35K
Current team size: 2

We've Built A $30K/Month E-Bike Business Seeing A Rise In Sustainable Transportation

UK-based electric bike business GIN e-bikes co-founded by Marina and Rahul successfully sold a few hundred units of their flagship hybrid electric bike, the GIN X, within a few months of launch, through positive word-of-mouth referrals alone, without any paid marketing efforts.

About

Marina started GIN e-bikes almost 3 years ago

Revenue

Marina grew the business to $30K/month

Costs

It cost Marina $35000 to start the business

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