COCO-MATBIKE.UK partners with Cyclescheme offering the Cycle to Work scheme a more sustainable bike option
COCO-MATBIKE.UK, the world’s most iconic sustainable, hand-crafted wooden bike, has partnered with Cyclescheme to help increase the number of people making the journey to work by bike. The cycle to work scheme is an employee benefit that enables working adults to save 25-39% on the cost of a bike and now have access to COCO-MATBIKE.UK’s iconic wooden bike collection.
Each COCO-MATBIKE.UK is hand-crafted in Greece using plantation-grown American Ash (Fraxus Americana) as wood extends the bike’s life cycle and each adult ash tree provides enough wood to make 50 bikes. A tree is planted for each bike sold as COCO-MATBIKE.UK’s contribution to the environment. The bikes are also CO2 negative and carry a minimal design lending themselves to offering nature’s imprint on an urban landscape.
Dimitri Philippou, CEO COCO-MATBIKE.UK says “We are thrilled to have partnered with Cyclescheme to provide COCO-MATBIKE.UK bicycles to their offer. Living a more sustainable and eco-friendly life is becoming more and more important to consumers and Cyclescheme helps increase the number of people making the journey to work by bike. More people cycling to work will improve public health and contribute to a more sustainable transport system, something we are very proud to be part of.”
Employers can now choose one of the COCO-MATBIKE.UK bicycles, hire it for an agreed length of time, then snap it up for a fraction of its original value. The savings are generated by employees paying for their bike from their pre-tax salary (i.e. before tax is assessed or deducted). Obtaining the bike in this way reduces employees’ taxable income and creates a tax savings. This mechanism for generating tax savings is known as a ‘salary sacrifice’.
Neil Mcguigan, Senior Manager, Product Implementation at Cyclescheme says “The COCO-MATBIKE.UK and Cycelscheme partnerships is a natural one. Promoting and supporting green travel is a key objective of the Cycle to Work scheme. And the conversion is more relevant than ever, with both individuals and businesses placing a greater importance on sustainability in their everyday decision-making. We’re excited to welcome COCO-MATBIKE.UK to the Cyclescheme partner network and work together to frown everyday cycling in the UK.”
COCO-MATBIKE.UK was born in Athens, Greece after founder Paul Evmorfidis’ bicycle broke down whilst riding in The Alps. Determined to create a better solution, he spent endless hours researching and testing to create a range of robust, eco-friendly bikes that would withstand the test of time – without compromising the environment – and the COCO-MATBIKE.UK was created in 2016.
The COCO-MATBIKE.UK’s ergonomic design, compact, firm frame and premium parts create an effortless cycling experience and deliver a smooth ride across all road surfaces, making it highly versatile.
Their minimal design and operation leaves almost no space for things to go wrong. Drum brakes and automatic gears ensure almost a lifetime operation without maintenance. If anything fails in the course of the years though, our expert cycle repair shops partners in the United Kingdom will do the job.
When it comes to the wooden frame, COCO-MATBIKE.UK gives a lifetime guarantee further proof of how durable these bikes are, many have covered over 10000kms.
The COCO-MATBIKE.UK bike range – a selection of beautifully handcrafted bikes to suit your requirements
· Core range of 28” bikes for men (Odysseus) and women (Penelope) are available in both 2 and 7 speed versions
· Odysseus and Penelope also come as 28” e-bikes, designed to maintain your cycling awareness as you have to pedal to ride in e-bike mode
· The Mentor foldable bikes available in both 2 speed and 5 speed – perfect for the commuter and is now available as an E-bike.
Prices start from £1990.00, subject to a tax assessment.