mrelwood Posted June 19, 2023 Share Posted June 19, 2023 (edited) Completely out of the blue for me, Bob Yan, the current CEO of Inmotion announced this today on Inmotion Global’s official Facebook channel: Edited June 19, 2023 by mrelwood 1 2 1 Quote Link to comment Share on other sites More sharing options...
Forwardnbak Posted June 19, 2023 Share Posted June 19, 2023 (edited) i knew and i was sad. It’s brought me down for a little while. They knew and needed it quiet. Edited June 19, 2023 by Forwardnbak 1 Quote Link to comment Share on other sites More sharing options...
Popular Post techyiam Posted June 19, 2023 Popular Post Share Posted June 19, 2023 Bob Yan needs to start up his own Electric Wheel Company. 2 2 Quote Link to comment Share on other sites More sharing options...
bpong Posted June 19, 2023 Share Posted June 19, 2023 what does this all mean ? his dialogue about the changes to the inmotion euc lineup,... was this his idea (which would mean essentially that its now toast) or is it an idea created by the whole group of owners of the inmotion company (which could mean its still going forward,..) ??? wtf... 2 Quote Link to comment Share on other sites More sharing options...
BKW Posted June 19, 2023 Share Posted June 19, 2023 He seemed pretty active with the community lately so this was definitely sudden. I do wonder what this means for the company moving forward 1 Quote Link to comment Share on other sites More sharing options...
bpong Posted June 20, 2023 Share Posted June 20, 2023 im abit frustrated currently, and im just about to pull the trigger on getting a Patton (ride-one is getting their shipment of Pattons this week...). if Inmotion really valued their electric unicycle customers, they would damn well issue a statement to maintain customer confidence and outline what the hell they are going to do for the remainder of 2023. Inmotion should really put some thought right now in looking after their current euc customer base and tell us their plans about moving forward and whether or not they plan to accomplish what mr. yan proposed in his various little talks with various reviewers. i am just so angry cause of the lack of response from inmotion, ... 1 Quote Link to comment Share on other sites More sharing options...
woke rider Posted June 20, 2023 Share Posted June 20, 2023 I'm really curious about why he stepped down. The first thing that makes sense to me would be that Inmotion can't really afford to pay Mr. Yan his CEO salary and be the innovative leader. Also lack of quality control. 1 Quote Link to comment Share on other sites More sharing options...
Hellkitten Posted June 20, 2023 Share Posted June 20, 2023 37 minutes ago, bpong said: im abit frustrated currently, and im just about to pull the trigger on getting a Patton Wouldn’t your frustration with inmotion make you pull harder? 1 Quote Link to comment Share on other sites More sharing options...
techyiam Posted June 20, 2023 Share Posted June 20, 2023 1 hour ago, Hellkitten said: Wouldn’t your frustration with inmotion make you pull harder? He is, kind of. Before the step down announcement, his finger was not on the trigger. 1 Quote Link to comment Share on other sites More sharing options...
bpong Posted June 20, 2023 Share Posted June 20, 2023 funny guys,... real funny... 1 Quote Link to comment Share on other sites More sharing options...
UPONIT Posted June 20, 2023 Share Posted June 20, 2023 On 6/19/2023 at 1:21 PM, Forwardnbak said: i knew and i was sad. It’s brought me down for a little while. They knew and needed it quiet. Why? Why? Why? It's out there now, so... more details and speculation, please! What a spectacular lack of detail that announcement contained. Grrrrr. 1 Quote Link to comment Share on other sites More sharing options...
Popular Post Forwardnbak Posted June 21, 2023 Popular Post Share Posted June 21, 2023 1 hour ago, UPONIT said: Why? Why? Why? It's out there now, so... more details and speculation, please! What a spectacular lack of detail that announcement contained. Grrrrr. Just cause Bob was a good dude. Not my place to talk about it I think. I was bummed because he was driving a good energy, getting out there positively promoting EUC and chatting with a range of the community. He spoke to riders, fans and people wanting to ask questions. To me that was kind of unheard of as a CEO. Stood right out there in front of his product and flaws. I just liked the guy, still do, we chat often now i’m glad we are friends. Hate to see anyone’s life go nuts. Life is hard enough. 2 4 Quote Link to comment Share on other sites More sharing options...
Popular Post techyiam Posted June 21, 2023 Popular Post Share Posted June 21, 2023 (edited) 11 minutes ago, Forwardnbak said: I just liked the guy, still do, we chat often now i’m glad we are friends. If you are not violating any trust nor respect, does Bob still have an active role at Inmotion? I also like him and respect his outlook. He seems to me more of a thinker, longer-term type of person, which makes a good fit for our technological evolving PEV market segment. Edited June 21, 2023 by techyiam 3 2 Quote Link to comment Share on other sites More sharing options...
Forwardnbak Posted June 21, 2023 Share Posted June 21, 2023 4 minutes ago, techyiam said: If you are not violating any trust nor respect, does Bob still have an active role at Inmotion? yes he is still there 3 Quote Link to comment Share on other sites More sharing options...
Mango Posted June 21, 2023 Share Posted June 21, 2023 For a CEO to step down (as suddenly it seems) there are a number of reasons... change in company strategy, performance issues, board disagreements, or a merger or acquisition. Given the disastrous V12 performance issues, and lackluster sales of the underwhelming V13, I have to speculate it's performance issues, and maybe a little of everything else. 1 Quote Link to comment Share on other sites More sharing options...
techyiam Posted June 21, 2023 Share Posted June 21, 2023 (edited) 4 minutes ago, Mango said: Given the disastrous V12 performance issues, I believe the V12 and the early inception of the V13 came before Bob. However, the V13 was developed under Bob's watch. I believe while Bob was focusing on build quality and safety, with good performance, Leaper Kim primarily focused on suspension and good build quality. Like I said, Bob is more of a longer-term type of guy. Not all the benefits will come at first. But he would have a solid base to build from. Edited June 21, 2023 by techyiam 1 Quote Link to comment Share on other sites More sharing options...
Popular Post mrelwood Posted June 21, 2023 Author Popular Post Share Posted June 21, 2023 A Telegram rumor says that the investors weren’t happy with the sales and with his leading methods. I wonder if they expected something from the V13 it could’ve never delivered. It’s an extremely heavy 22” wheel, both which are only good for a very small sector of customers. I think it has actually seemed to sell pretty well all things considered. More than I would’ve thought. 4 1 Quote Link to comment Share on other sites More sharing options...
Hellkitten Posted June 21, 2023 Share Posted June 21, 2023 (edited) and lackluster sales of the underwhelming V13, I have to speculate it's performance issues, and maybe a little of everything else. Did the v13 not sell well? I know a few local riders that have them and love this wheel. I haven’t looked at any actual market figures though, just anecdotal. Edited June 21, 2023 by Hellkitten 1 Quote Link to comment Share on other sites More sharing options...
Forwardnbak Posted June 21, 2023 Share Posted June 21, 2023 yes i believe investors had some other visions than Bob. Quote Link to comment Share on other sites More sharing options...
Popular Post Forwardnbak Posted June 21, 2023 Popular Post Share Posted June 21, 2023 2 minutes ago, Hellkitten said: and lackluster sales of the underwhelming V13, I have to speculate it's performance issues, and maybe a little of everything else. Did the v13 not sell well? I know a few local riders that have them and love this wheel. I haven’t looked at any actual market figures though, just anecdotal. i think it actually did quite well. Still making them so i guess went well enough. I was chatting with service yesterday and they are improving things slightly on batch 2, just the weatherproofing on the display we were taking about. Also offering good warranty support for first batches that had water ingress. i love mine it is seriously good and has held up so well. 1 3 Quote Link to comment Share on other sites More sharing options...
alcatraz Posted June 21, 2023 Share Posted June 21, 2023 I hope we get another euc manufacturer! Go Bob! Just do it! 2 Quote Link to comment Share on other sites More sharing options...
Popular Post UniVehje Posted June 21, 2023 Popular Post Share Posted June 21, 2023 V13 has amazing features separately. Like the motor, safety features, battery protection, display, lights, board, handle, software etc. All absolute top quality among EUCs. But coupled with a 22” tire and weight required to reach 90 km/h safely, it’s a niche wheel as a whole. I’m not surprised if it doesn’t sell that well at that price and size. All they need is to put all those excellent parts and features to an 18/20” wheel. Maybe offer different battery options to keep the weight down for those who don’t need to ride more than 100 km a day (vast majority) and put a lighter motor for those who don’t need to ride at 90 km/h on one wheel (vast majority) and you have a winner. Hard to imagine any of the other wheels competing with that. And I believe this is what is coming soon from Inmotion. Along with modularity and wheels aimed for different usages, just as I have hoped and suggested. When they get the new wheels out, they don’t have sales issues anymore. If there was one mistake Bob made, it was to make V13 as a 22” and focus on ability to claim “fastest EUC” for a very short period. Inmotion customers did not ask for that. All I heard them asking was to just make a V11F. 2 3 Quote Link to comment Share on other sites More sharing options...
soulson Posted June 21, 2023 Share Posted June 21, 2023 Ahh, shoot. I'm disheartened by this news. 2 Quote Link to comment Share on other sites More sharing options...
UPONIT Posted June 21, 2023 Share Posted June 21, 2023 Are there any real sources for sales figures from any or all of the EUC manufacturers? All this "poor sales" talk is just talk unless there are actual numbers. On several retailers' websites, the V13 has been in and out of the top 5 best sellers at times. Never number one, but not last. And, for example, at Eevees, the V11 seems to live at number one continuously. Both versions of the V12 are in the top ten consistently at several retailers. Was it an issue of objectively poor sales or, maybe more likely, of missed sales projections? Has anyone ever made an educated estimate of the annual worldwide market for EUC sales? Thousands? Tens of thousands? I realize private companies don't have to publish numbers, but isn't there an IAED or something? (International Association of EUC Dealers). Doesn't the industry realize that we will whine and cry and make up numbers in the face of an information void? 1 1 Quote Link to comment Share on other sites More sharing options...
woke rider Posted June 21, 2023 Share Posted June 21, 2023 I checked the corporate website https://inmotionworld.com/ which was difficult to find and also EUCO https://www.myinmotion.com/ which was easier to find than the corporate site, lol, it always has been. Neither web site really says anything. Segway has been getting into robotics https://robotics.segway.com/ , so maybe Inmotion is looking for a robotics type CEO now? Just a guess. Quote Link to comment Share on other sites More sharing options...
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