SPI Subsidiary Opens RideZoomers Electric Scooter Retail Shop and Service Center in Fremont, California

SANTA CLARA, CA / ACCESSWIRE / January 24, 2022 / SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (NASDAQ:SPI), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for business, residential, government, logistics and utility customers, today announced the opening of its first RideZoomers electric scooter retail store and service center in Fremont, California. RideZoomers Inc. is an affiliate of the Company.

Foto: Accesswire

"With the demand for electric scooters continuing to rise, we are excited to bring our RideZoomers products to the Bay Area with the opening of our first retail shop and service center in Fremont," commented Denton Xiaofeng Peng, Chairman and CEO of SPI Energy. "The Bay Area is a very large market opportunity for our products right in our backyard, and we are thrilled to provide our consumers with an improved customer experience and better service options. Our new storefront is ideally located in a high-traffic area and complements our expanding in-house direct-to-consumer sales programs and the wide reach of our Amazon Store, strengthening our brand image and fast-tracking sales growth."

Foto: Accesswire

In addition to offering RideZoomer electric scooters, the Fremont store will include a Solar4America showroom displaying the latest available branded on- and off-grid solar, battery, EV charger, and home energy solutions. Established in Seattle in 2019 as a scooter-sharing startup, RideZoomers pivoted to a direct-to-consumer and hardware business model in 2020 in the wake of the COVID-19 outbreak. SPI Energy acquired the assets of RideZoomers in July 2021. The Fremont City store is located at 6066 Stevenson Boulevard., Fremont, California, 94538.

Foto: Accesswire

About RideZoomers

RideZoomers, Inc is a global provider of small form factor electric vehicle (EV) solutions for personal and residential customers. The company provides its own developed seated electric scooters for a variety of personal and professional uses. The company has its headquarters in Livermore, California and currently maintains operations in the United States. Learn more at https://ridezoomers.com/.

About SPI Energy Co., Ltd.

SPI Energy Co., Ltd. (NASDAQ: SPI) is a global renewable energy company and provider of solar storage and EV solutions that was founded in 2006 in Roseville, California and is headquartered in Santa Clara, California.