A year after Mayor Adams proposed creating an agency to regulate delivery companies, many challenges remain. Whizz, a growing e-bike company founded by immigrants, aims to empower delivery workers by addressing the financial barriers they face. CEO Mike Peregudov highlights how most new delivery workers struggle to afford e-bikes that can cost around $2,000. By facilitating access to reliable e-bikes, Whizz hopes to streamline the entry into this profession for immigrants, while also calling attention to broader regulatory needs around the industry.
The mission of the company is to help delivery workers enter the profession and start earning money. Because in recent years, there came thousands of immigrants who were trying to find a job.
An electric bike costs actually up to $2,000 and 90 percent of these people don't have access to this amount of cash nor do they have access to credit because they just arrived.
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