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NOTICE OF THE TWENTY-FIFTH ANNUAL GENERAL MEETING OF SHAREHOLDERS

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11 months ago

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GigaMedia Limited
Incorporated in the Republic of Singapore
Registration No.: 199905474H

REGISTERED OFFICE
80 Robinson Road, #02-00
Singapore 068898

TAIPEI, June 2, 2024 /PRNewswire/ — NOTICE IS HEREBY GIVEN that the 25th annual general meeting of the shareholders of GigaMedia Limited (the “Company”) will be held on June 27, 2024 at 11 a.m. local time at 8F, No.22, Lane 407, Sec.2, Tiding Blvd., Neihu District, Taipei, Taiwan, R.O.C, for the following purposes:

AS ORDINARY AND SPECIAL BUSINESS

ORDINARY RESOLUTIONS:

To consider and, if thought fit, to pass, with or without modification, the following resolutions which will be proposed as Ordinary Resolutions:

1. Adoption of audited financial statements

RESOLVED that the Statement by the Directors, Auditor’s Report and Audited Financial Statements of the Company for the financial year ended December 31, 2023 are received and adopted.

(Resolution 1)

2. Approval of appointment of auditors

RESOLVED that Deloitte & Touche and Deloitte & Touche LLP be and are hereby appointed as the independent external auditors of the Company until the next Annual General Meeting and that the Directors be and are hereby authorized to fix their remuneration for the financial year ended December 31, 2024.

(Resolution 2)

3. Approval of Directors’ remuneration

RESOLVED that the remuneration of all of the Directors is hereby approved in an aggregate amount not exceeding US$350,000 in respect of their professional services to the Company until the conclusion of the next Annual General Meeting of the Company.

(Resolution 3)

4. Approval for authority to allot and issue shares

RESOLVED that pursuant to Section 161 of the Companies Act 1967 of Singapore (“Companies Act”), authority be and is hereby given to the Directors of the Company to:

(1) (a) issue ordinary shares in the Company (“Shares”) whether by way of rights, bonus or otherwise; and/or

(b) make or grant offers, agreements or options (collectively, “Instruments”) that might or would require Shares to be issued, including but not limited to the creation and issue of (as well as adjustments to) options, warrants, debentures or other instruments convertible into Shares, at any time and upon such terms and conditions and for such purposes and to such persons as the Directors may in their absolute discretion deem fit; and

(2) notwithstanding that the authority conferred by this Resolution may have ceased to be in force, issue Shares pursuant to any Instrument made or granted by the Directors while this Resolution was in force; and

(3) unless varied or revoked by the Company in general meeting, such authority conferred on the Directors of the Company shall continue in force:

(i) until the conclusion of the next Annual General Meeting of the Company or the date by which the next Annual General Meeting of the Company is required by law to be held whichever is earlier; or

(ii) in the case of Shares to be issued pursuant to the Instruments that are made or granted pursuant to this Resolution, until the issuance of such Shares in accordance with the terms of the Instruments.

(Resolution 4)

5. Approval for share purchase mandate

RESOLVED that:

(1) for the purposes of Sections 76C and 76E of the Companies Act, the exercise by the Directors of the Company of all the powers of the Company to purchase or otherwise acquire issued Shares not exceeding in aggregate the Maximum Limit (as hereafter defined), at such price or prices as may be determined by the Directors from time to time up to the Maximum Price (as hereafter defined), by way of market purchase(s) on The Nasdaq Stock Market (“Nasdaq”) or off-market purchase(s) on one or more equal access schemes as may be determined by the Directors as they see fit, which scheme(s) shall satisfy all the conditions of the Companies Act, and otherwise be in accordance with all other laws and regulations and rules of Nasdaq as may  be applicable, be and is hereby authorized and approved generally and unconditionally (the “Share Purchase Mandate”);

(2) unless varied or revoked by the Company in a general meeting, the authority conferred on the Directors of the Company pursuant to the Share Purchase Mandate may be exercised by the Directors at any time and from time to time during the period commencing from the date of the passing of this Resolution and expiring on the earlier of:

(a) the date on which the next Annual General Meeting of the Company is held; and

(b) the date by which the next Annual General Meeting of the Company is required by law to be held;

(3) in this Resolution:

“Average Closing Price” means the average of the closing prices of a Share for the five consecutive trading days on which the Shares are traded on Nasdaq immediately preceding the date of market purchase by the Company or the date of making the offer pursuant to an equal access scheme, which price shall be adjusted in accordance with the listing rules of Nasdaq for any corporate action that occurs after the relevant five day period;

“Maximum Limit” means that number of issued Shares representing 10% of the total number of issued Shares as at the date of the passing of this Resolution (excluding any Shares that are held as treasury shares as at that date); and

“Maximum Price” means the purchase price (excluding brokerage, commission, applicable goods and services tax and other related expenses) that shall not exceed 105% of the Average Closing Price; and

(4) the Directors of the Company and/or any of them be and are hereby authorized to complete and do all such acts and things (including executing such documents as may be required) as they and/or he may consider expedient or necessary to give effect to the transactions contemplated and/or authorized by this Resolution.

(Resolution 5)

6. To transact any other business as may properly be transacted at an Annual General Meeting of the Company.

NOTES:

1. Shareholders are cordially invited to attend the Twenty- Fifth Annual General Meeting in person. Whether or not you plan to be at the Twenty- Fifth Annual General Meeting, you are urged to return your proxy. A shareholder entitled to attend and vote is entitled to appoint one or more proxies to attend and to vote instead of him.

2. Shareholders wishing to vote by proxy should complete the attached form.

3. The proxy form of an individual shareholder shall be signed either by the shareholder personally or by his attorney. The proxy form of a corporate shareholder shall be given either under its common seal or signed on its behalf by an attorney or a duly authorized officer of the corporate shareholder.

4. A proxy need not be a shareholder of the Company.

5. The proxy form (and if relevant, the original power of attorney, or other authority under which it is signed or a notarially certified copy of such power or authority) must be deposited at Vote Processing, c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717, or the office of the Company, 8F, No. 22, Lane 407, Section 2, Tiding Boulevard, Taipei 114, Taiwan R.O.C., not less than 48 hours before the time for holding the Twenty- Fifth Annual General Meeting, that is by no later than 11 p.m. June 24, 2024 (New York time), or 11 a.m. June 25, 2024 (Taipei time), failing which the proxy shall not be treated as valid.

6. Electronic Delivery of Future Proxy Materials. Shareholders can consent to receiving all future proxy statements, proxy cards and annual reports electronically via e-mail or the internet. To sign up for electronic delivery, please follow the instructions below relating to “Electronic Delivery of Future Proxy Materials” and, when prompted, indicate that you agree to receive or access proxy materials electronically in future years.

7. Only shareholders of record at the close of business on Nasdaq Stock Market (New York), on April 26, 2024 are entitled to notice of and to vote at the Twenty- Fifth Annual General Meeting, or any adjournment or postponement of the Twenty- Fifth Annual General Meeting. If you have sold or transferred the Shares you hold in the Company to another person (the “Purchaser” or “Transferee”) after April 26, 2024 and prior to the Twenty- Fifth Annual General Meeting, you should immediately forward this Notice and the attached proxy statement and proxy card to the Purchaser or Transferee of such Shares, or to the bank, broker, or agent through whom the sale of such Shares was effected, for onward transmission to the Purchaser or Transferee.

8. The Company intends to use internal sources of funds or external borrowings or a combination of both to finance the Company’s purchase or acquisition of Shares pursuant to the Share Purchase Mandate. The Directors do not propose to exercise the Share Purchase Mandate to such extent that it would materially and adversely affect the financial position of the Company and its subsidiaries. The amount of financing required for the Company to purchase or acquire its Shares, and the impact on the Company’s financial position, cannot be ascertained as at the date of this Notice as this will depend on the number of Shares purchased or acquired, the price at which such Shares were purchased or acquired and whether the Shares purchased or acquired would be held in treasury or cancelled.

BY ORDER OF THE BOARD

/s/ Cheng-Ming Huang

………………………………………..

Cheng-Ming Huang (aka James Huang)
Chairman of the Board and Chief Executive Officer

TABLE OF CONTENTS

NOTICE OF ANNUAL MEETING OF SHAREHOLDERS

PROXY STATEMENT

Questions and Answers about the Annual Meeting and Voting

                Proposal 1
                Proposal 2
                Proposal 3
                Proposal 4
                Proposal 5

                Other Matters
                Proxy Solicitation

GigaMedia Limited
Incorporated in the Republic of Singapore
Registration No.: 199905474H

REGISTERED OFFICE
80 Robinson Road, #02-00
Singapore 068898

PROXY STATEMENT

QUESTIONS AND ANSWERS ABOUT THE ANNUAL MEETING AND VOTING

Why Did I Receive This Proxy Statement?

We sent you this proxy statement and the enclosed proxy card because the Company’s Board of Directors is soliciting your proxy to be used at the Company’s annual meeting of shareholders on June 27, 2024 at 8F, No.22, Lane 407, Sec.2, Tiding Blvd., Neihu District, Taipei, Taiwan, R.O.C., or at any adjournment or postponement of the meeting. 

Who Can Vote?

You are entitled to vote if you owned the Shares on the record date (“Record Date”), which is the close of business on Nasdaq Stock Market (New York), on April 26, 2024.  Each Share that you own entitles you to one vote.

How Many Shares of Voting Stock Are Outstanding?

On the Record Date, there were 11,052,235 Shares outstanding. The Shares are our only class of voting stock.

What May I Vote On?

1. Adoption of Audited Financial Statements

2. Approval of Appointment of Auditors

3. Approval of Directors’ Remuneration

4. Approval for Authority to Allot and Issue Shares

5. Approval for Share Purchase Mandate

Other Business

How Do I Vote?

To vote by proxy, you should complete, sign and date the enclosed proxy card and return it promptly in the prepaid envelope provided.

How Do I Request Electronic Delivery of Future Proxy Materials?

If you would like to reduce the costs incurred by our company in mailing proxy materials, you can consent to receiving all future proxy statements, proxy cards and annual reports electronically via e-mail or the internet. To sign up for electronic delivery, please go to www.proxyvote.com to indicate that you agree to receive or access proxy materials electronically in future years.

May I Revoke My Proxy?

Your proxy may be revoked prior to its exercise by appropriate notice to us.

If I Plan To Attend The Meeting, Should I Still Vote By Proxy?

Whether you plan to attend the meeting or not, we urge you to vote by proxy.  Returning the proxy card will not affect your right to attend the meeting, and your proxy will not be used if you are personally present at the meeting and inform the Secretary in writing prior to the voting that you wish to vote your Shares in person.

How Will My Proxy Get Voted?

If you properly fill in your proxy card and send it to us, your proxy holder (the individual named on your proxy card) will vote your Shares as you have directed.  If you sign the proxy card but do not make specific choices, the proxy holder will vote your Shares as recommended by the Board of Directors and our management.

How Will Voting On Any Other Business Be Conducted?

Although we do not know of any business to be considered at the meeting other than the proposals described in this proxy statement, if any other business is presented at the meeting, your returned proxy gives authority to the proxy holder to vote on these matters in his discretion.

Proposal 1. ADOPTION OF AUDITED FINANCIAL STATEMENTS

The Company seeks shareholders’ adoption of the audited financial statements of the Company (the “Audited Financial Statements”), which have been prepared under Financial Reporting Standards in Singapore (“FRSs”) , in respect of the financial year ended December 31, 2023. Along with the Audited Financial Statements, the Company seeks Shareholders’ adoption of the Statement by the Directors and Auditor’s Report of the Company in respect of the same financial year.

Adoption of this proposal requires the affirmative vote of a majority of the votes cast by shareholders entitled to vote at the Twenty- Fifth Annual General Meeting of the Company (the “AGM”).

The Board of Directors of the Company (the “Board of Directors”) recommends a vote FOR this proposal.

Proposal 2. APPROVAL OF APPOINTMENT OF AUDITORS

The Company seeks Shareholders’ approval for the appointment of Deloitte & Touche and Deloitte & Touche LLP as the independent external auditors of the Company to hold such office until the conclusion of the next Annual General Meeting of the Company. The Board of Directors also seeks shareholders’ approval to authorize the Board of Directors to fix the remuneration for Deloitte & Touche and Deloitte & Touche LLP in respect of their services to the Company for the financial year ended December 31, 2024.

Adoption of this proposal requires the affirmative vote of a majority of the votes cast by shareholders entitled to vote at the AGM.

The Board of Directors recommends a vote FOR this proposal.

Proposal 3. APPROVAL OF DIRECTORS’ REMUNERATION

The Company seeks shareholders’ approval on the remuneration of all of the Directors in an aggregate amount not exceeding US$350,000 in respect of their professional services to the Company until the conclusion of the next Annual General Meeting of the Company.

Adoption of this proposal requires the affirmative vote of a majority of the votes cast by shareholders entitled to vote at the AGM.

The Company’s management recommends a vote FOR this proposal.

Proposal 4. APPROVAL FOR AUTHORITY TO ALLOT AND ISSUE SHARES

The Company is incorporated in Singapore. Under the Companies Act 1967 of Singapore (the “Companies Act”), the Directors may exercise any power of the Company to issue new Shares only with the prior approval of the shareholders of the Company at a general meeting. Such approval, if granted, is effective from the date of the general meeting at which the approval was given until the date on which the next Annual General Meeting of the Company is held or is required by law to be held, whichever is earlier.

Shareholders’ approval is sought to give Directors authority to allot and issue new Shares and other instruments convertible into Shares during the period from the Twenty- Fifth Annual General Meeting to the earlier of the next Annual General Meeting or the date by which the next Annual General Meeting of the Company is required by law to be held.

Adoption of this proposal requires the affirmative vote of a majority of the votes cast by shareholders entitled to vote at the AGM.

The Board of Directors recommends a vote FOR this proposal.

Proposal 5. APPROVAL FOR SHARE PURCHASE MANDATE 

The approval of the Share Purchase Mandate authorizing the Company to purchase or acquire its Shares would give the Company the flexibility to undertake Share purchases or acquisitions at any time, subject to market conditions, during the period when the Share Purchase Mandate is in force.

In managing the business of the Company and its subsidiaries (collectively, the “Group”), the Company’s management strives to increase shareholders’ value by improving, inter alia, the return on equity of the Group. A Share purchase by the Company is one of the ways through which the return on equity of the Group may be enhanced.

A Share purchase is also an available option for the Company to return surplus cash that is in excess of the financial and possible investment needs of the Group to its shareholders. In addition, the Share Purchase Mandate will allow the Company to have greater flexibility over, inter alia, the Company’s share capital structure and its dividend policy. 

The Company intends to use internal sources of funds or external borrowings or a combination of both to finance the Company’s purchase or acquisition of the Shares pursuant to the Share Purchase Mandate. The Directors do not propose to exercise the Share Purchase Mandate to such extent that it would materially and adversely affect the financial position of the Group.

Share repurchase programmes may also help buffer short-term Share price volatility and off-set the effects of short-term speculators and investors and, in turn, bolster shareholder confidence and employee morale.

Adoption of this proposal requires the affirmative vote of a majority of the votes cast by shareholders entitled to vote at the AGM.

The Board of Directors recommends a vote FOR this proposal.

OTHER MATTERS

As of the date of this Proxy Statement, the Company does not intend to present and has not been informed that any other person intends to present any business not specified in this Proxy Statement for action at the Twenty- Fifth Annual General Meeting.

Shareholders are urged to sign the enclosed proxy form and to return it promptly in the enclosed envelope. Proxies will be voted in accordance with shareholders’ directions. Signing the proxy form does not affect a shareholder’s right to vote at the Twenty- Fifth Annual General Meeting, and the proxy may be revoked prior to its exercise by appropriate notice to the undersigned.

PROXY SOLICITATION

The Company will pay the cost of preparing and mailing this proxy statement and form of proxy to its shareholders. The Company has retained Mackenzie Partners, Inc. to request banks and brokers to forward copies of these materials to persons for whom they hold Shares and to request authority for execution of the proxies.

GIGAMEDIA LIMITED

/s/ Cheng-Ming Huang

………………………………………..

Cheng-Ming Huang (aka James Huang)
Chairman of the Board and Chief Executive Officer

View original content:https://www.prnewswire.com/news-releases/notice-of-the-twenty-fifth-annual-general-meeting-of-shareholders-302161406.html

SOURCE GigaMedia

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Technology

Caresoft Global Announces Strategic Partnership with KPIT to Drive Leadership in Technology and Cost Optimization Strategies for the Automotive Industry

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17 minutes ago

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May 6, 2025

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Caresoft Global’s engineering solutions business is to join KPIT, as Caresoft doubles down on technology optimization and cost reduction engineering for the automotive industry.

LONDON, May 6, 2025 /PRNewswire/ — Caresoft Global, a global leader in automotive benchmarking, Cost reduction strategies, and engineering solutions, today announced a strategic realignment of its business and a new chapter in its growth journey. The company will restructure its business into three business units: 1. Benchmarking, Technology Optimization & Cost Reduction Engineering, 2. Engineering Talent Solutions and 3. Engineering Solutions.

As part of this strategic realignment, KPIT Technologies, a global leader specializing in software-defined vehicles (SDV), embedded systems, and system integration, will acquire Caresoft Global’s carved-out Engineering Solutions business, which is especially focused on off-highway and truck and bus segments globally.

Caresoft Global will continue strengthening its Automotive vertical while partnering with KPIT to expand its benchmarking and cost reduction business into new areas such as software benchmarking, creating unique market differentiators, and jointly exploring downstream implementation opportunities.

With China continuing to lead in vehicle electrification, AI, modular architectures, and aggressive cost leadership, Caresoft Global, with its strong market presence and deep relationships in China, will partner with KPIT in that region. Together, they aim to bring Chinese innovation to the rest of the world.

“This is a defining moment for Caresoft,” said Mathew Vachaparampil, CEO of Caresoft Global. “The strength of this partnership is greater than the sum of its parts. While our engineering services are moving into great hands, Caresoft and KPIT will now focus on delivering greater value to customers seeking to save costs in a world of rapid technological evolution and geopolitical complexities. We will jointly deliver more value to our automotive customers in terms of technology, cost, and speed to market.”

In a statement, Kishor Patil, Co-founder, CEO & Managing Director of KPIT Technologies, said, “We are excited to welcome Caresoft Global’s Engineering Solutions business to the KPIT family. At KPIT, we are deepening relationships with trucks and off-highway makers and accelerating our foray into China. Also, OEMs across segments are looking for a partner who can bring more agility and cost efficiency by taking an integrated view of software, hardware, and manufacturing. With Caresoft Global’s strong expertise, we have a strategic partnership which will bring unparalleled value to the mobility ecosystem.”

Continuity of Leadership

Key leaders from Caresoft Global’s Engineering Solutions division, including Caresoft veteran and President of Engineering, Kalyan Nagarajan, and his team, will transition to KPIT to ensure leadership continuity and sustained growth.

“I am confident that with strong synergistic capabilities, shared values, a customer-centric approach, and KPIT’s laser-focused execution, we are well-positioned to deliver more value to our existing off-highway and truck & bus customers,” said Kalyan. “We are also now set up with the depth and scale to expand our vehicle engineering, cost transformation, and manufacturing solutions.”

About Caresoft Global

Caresoft Global is a leader in automotive benchmarking, technology optimization, cost reduction engineering strategies, and engineering solutions. The company helps automotive OEMs and suppliers optimize their current and future programs’ design, cost, and performance. Headquartered in the USA, with a strong global presence in Europe, Japan, China, India, and the UAE, Caresoft Global is trusted by world’s leading automotive companies.

About KPIT Technologies

KPIT Technologies is a global partner to the automotive and mobility ecosystem, making software-defined vehicles a reality. With around 13,000 “automobelievers” specializing in embedded software, AI, and digital solutions, KPIT is helping the mobility industry leapfrog toward a cleaner, smarter, and safer future.

Marketing and Communications
marcom@caresoftglobal.com

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Addmotor Unveils its 2025 Electric Trike Lineup, Redefining Mobility with Innovation and Versatility

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May 6, 2025

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EL MONTE, Calif., May 6, 2025 /PRNewswire/ — As a leader in e-trike innovation and the brand with the widest selection of electric trikes in the U.S., Addmotor is proud to announce the launch of its 2025 Electric Trike series, designed to enhance mobility and expand consumer choices in eco-friendly transportation.

The 2025 lineup, which includes the Citytan Folding, SpytanX Reverse, Greattan D Fat Tire, M-380 Tandem models, and Addmotor customized accessories, offers unparalleled versatility, meeting the needs of urban commuters, families, and golf enthusiasts alike. With a focus on cutting-edge design, advanced technology, and user-centric features, Addmotor continues to redefine the future of electric mobility.

Citytan – Foldable e-Trike

Citytan redefines the concept of the most affordable electric folding trike. With its entire frame composed of aluminum, the Citytan offers improved durability and minimizes the risk of frame distortion, ensuring a safe and long-lasting ride. Its foldable step-through frame and handlebar stem make it incredibly easy to store in tight spaces such as cars, RVs, or any area with limited room, enhancing portability for riders on the go.

Compared to the Addmotor Citytri, which is equipped with city tires, the Citytan comes with wider 3-inch mini fat tires, offering more tire surface area for improved stability and versatility across different terrains. Whether you’re navigating city streets or taking light uneven paths, these tires ensure a smoother, more secure ride.

The 14.1-inch low step-through frame makes mounting and dismounting effortless, catering to adults of all fitness levels. With its user-friendly design and ease of use, the Citytan is perfect for those seeking both comfort and practicality.

Priced at $1,699, the Citytan becomes even more accessible with a $300 pre-sale discount, bringing the limited-time price down to just $1,399—proving that a high-quality e-trike doesn’t have to break the bank.

Addmotor also offers the Non-Electric Citytan M-315 Traditional Trike, originally priced at $699, now available for pre-order at just $499, saving you $200. This trike provides many of the same benefits as the Citytan E-Trike, including a lightweight, folding all-aluminum frame, wide 3-inch tires, and low step-through design, to name a few. It’s an affordable option for those who prefer a more traditional, non-electric experience.

SpytanX – Reverse e-Trike

SpytanX is designed with golf lovers and pet lovers in mind, offering a fresh and convenient way to navigate the golf course or daily rides. Powered by a 750W motor and a 960Wh UL 2271 certified battery, this e-trike delivers both power and reliability, ensuring a smooth and comfortable ride on and off the course. Its dual front-wheel layout enhances stability, while providing a spacious front basket that’s perfect for carrying groceries, pet carriers, or personal items. Riders can easily keep their belongings and pets in view without the need to constantly look back, improving safety and allowing for more interaction with your furry companions.

To cater to golf enthusiasts, Addmotor has specially designed SpytanX with a stand front rack that can hold a golf bag. Now, you can enjoy your game without any distractions, knowing that your gear is securely in place. 

With its upgraded front suspension and an advanced 16-connecting-rod steering system, the SpytanX delivers an unmatched riding experience, making it the perfect choice for those seeking the pinnacle of reverse tricycle performance.

M-380 – Tandem E-Trike

The M-380 Tandem E-Trike is built for shared exploration, transforming the way two riders experience the joy of cycling together. Featuring two comfortable seats—the rear seat with a supportive backrest—and pedals, this electric trike allows both riders to actively participate in pedaling, unlike traditional passenger e-trikes.

What sets the M-380 apart is its advanced drivetrain system, which enables the front and rear riders to control their own pedals independently. The rear seat is even suitable for riders with disabilities or children, providing extra comfort and ease for those who might find it difficult to ride independently. This design ensures that riders of different fitness levels can enjoy the ride together—faster riders don’t need to wait for slower riders, and slower riders won’t feel the strain of trying to keep up. Each rider can enjoy the joy of cycling at their own pace, creating a truly cooperative cycling experience. 

Plus, M-380 trike includes a torque sensor on the front pedal-assist system, enabling the front rider to adjust the motor’s power based on pedaling force. This feature makes the ride more responsive, efficient, and in control, enhancing the overall enjoyment.

The optional dual-battery system enhances the M-380’s performance and range, giving riders the flexibility to choose between a single or dual-battery configuration to best suit their needs. Whether cruising through the city or embarking on a longer adventure, the M-380 offers the power you need. Its 38.5-inch widened rear track enhances stability, reducing the risk of tipping, especially with its elongated trike frame. Paired with a 750W motor, the M-380 can support up to 500 lbs of combined rider and cargo weight, making it a reliable option for various needs.

With these thoughtful features, the M-380 Tandem E-Trike is the perfect solution for sharing the ride—whether for an additional disabled rider, a child, or anyone who enjoys exploring together, all while benefiting from the best in modern e-trike technology.

Greattan D – Fat Tire & Cargo E-Trike

Greattan D is the ultimate multi-purpose cargo e-trike, designed to redefine the versatility of fat tire electric trikes. Built for heavy-duty tasks, this e-trike features 7-inch rear fat tires that not only provide superior traction on both smooth city streets and rough, uneven terrains but also offer remarkable load-bearing capacity. These robust tires can support heavy weight without compromising stability or performance.

Capable of supporting up to 500 lbs of total weight, the Greattan D is a solid e-trike for transporting heavy items. Its extra-large rear cargo basket, with a capacity of up to 150 lbs, is perfect for work equipment, groceries, or camping gear. To ensure this impressive payload capacity is met with reliable durability, the rear axle is 25% thicker than other models on the market and has been reinforced to prevent damage during transport.

The performance of the Greattan D is equally as impressive. Powered by a 750W rear-drive motor and an optional dual-battery system, it easily conquers challenging terrains and heavy loads. Whether you’re tackling long-distance journeys or managing daily heavy-duty errands, the Greattan D offers the power and range you need to go the distance without worrying about running out of energy.

Addmotor Customized Accessories for Every Lifestyle

1. Smart Cycling Helmet

Addmotor Smart Cycling Helmet combines safety, connectivity, and comfort to enhance your riding experience. Featuring advanced light modes for increased visibility, live intercom and hands-free calling via the Addmotor APP, and multimedia integration for music and audio notifications, this smart helmet ensures a secure and enjoyable ride. With its durable construction, optimized airflow system, and innovative app-enabled features, this Addmotor helmet is the perfect companion for modern cyclists seeking both functionality and style.

2. Trike Trailer – America’s First Trike-Ready Trailer

Addmotor Trike Trailer is the first trailer in the U.S. specifically designed for electric tricycles. With its innovative design, this trailer attaches centrally to the rear of the tricycle, minimizing the potential for instability, ensuring a smooth and secure ride even when carrying heavy loads.

The true versatility of the Addmotor Trailer lies in its compatibility with all Addmotor electric trikes and electric bicycles with 20-inch and 26-inch wheels, when paired with the appropriate adapter. With a maximum load capacity of 220 lbs, the Addmotor Trike Trailer allows you to carry everything from camping gear to groceries or work equipment. The trailer frame is designed to be removable and customizable, making it easy to store and adapt to your specific needs. Whether you’re embarking on a long journey or simply need extra space for your daily tasks, this trailer offers the flexibility and durability you need for all types of adventures.

3. Pet Carrier

Addmotor introduces the Addmotor pet carrier in acknowledgment of the special bond between riders and their furry friends. It fits seamlessly on most Addmotor e-trikes. Built with waterproof and scratch-resistant nylon fabric, this carrier ensures your pet enjoys a cozy, safe ride by your side. Its breathable mesh design keeps your companion happy while allowing you to keep an eye on them throughout the journey.

For added safety, the pet carrier features a reflective strip on the back, making you and your pet more visible to others during low-light conditions. The carrier is easy to install and includes two openings, allowing your pet to get in and out easily from either side. When not in use, the frame of the pet carrier can be collapsed for convenient storage.

About Addmotor

As one of the pioneering brands in the electric trike market, Addmotor continues to set trends in both design and functionality. Addmotor 2025 collection reflects a deep understanding of user feedback and modern consumer trends and an unwavering focus on delivering the best riding experience. Each product demonstrates the brand’s commitment to expanding the practicality and versatility of its electric trikes for multiple demographics, from urban commuters and couples to golf enthusiasts, families, and pet owners. Yet again, Addmotor proves that sustainable travel can be both functional and enjoyable.

For complete technical specifications and more information on Addmotor latest electric trike models 2025, or to find your local authorized Addmotor store, visit addmotor.com.

Media Contact

Mobile no.: +1 888-660-0868

Email address: Press@addmotor.com 

Website: https://www.addmotor.com/

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SOURCE Addmotor Electric Bike

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Planet Classroom Explores How AI is Transforming Global Elderly Healthcare

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17 minutes ago

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May 6, 2025

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Can AI Help Solve the Global Elderly Healthcare Crisis? Planet Classroom Investigates with Dor Skuler

NEW YORK, May 6, 2025 /PRNewswire-PRWeb/ — With the global elderly population growing at an unprecedented rate and healthcare systems struggling to keep up, could AI be the key to a sustainable future for senior care? Planet Classroom presents a compelling new episode of AI for a Better World, AI & Aging: Dor Skuler on ElliQ’s Impact featuring Dor Skuler, CEO of Intuition Robotics, in conversation with C.M. (Cathy) Rubin.

The episode explores how AI-driven health tech is addressing critical challenges in elderly care, from combating loneliness to enhancing cognitive health and supporting overburdened healthcare systems. At the center of the discussion is ElliQ, the world’s first proactive AI companion, which fosters emotional bonds with older adults while promoting wellness and independent living.

“AI is not here to replace human care, but to supplement and enhance it,” says Skuler. “Through proactive engagement, AI companions like ElliQ can support mental well-being, encourage healthy habits, and alleviate some of the burdens caregivers face.”

With dementia rates rising and millions of older adults living in isolation, this episode investigates whether AI-driven companions can help improve cognitive function and provide much-needed social interaction. Real-world case studies from ElliQ users reveal how AI is already making a measurable difference in reducing loneliness, increasing engagement, and even aiding memory retention.

Key Takeaways from the Interview:

How AI companion technology fosters emotional connections with seniors.

Don’t miss this thought-provoking discussion on the future of AI and healthcare. AI & Aging: Dor Skuler on ElliQ’s Impact premieres May 1, 2025, on Planet Classroom. Produced by Sergio Castaneda.

Watch it on YouTube now

About Planet Classroom:

The Planet Classroom Network, organized by CMRubinWorld, brings together musicians, filmmakers, learning innovators, and emerging technologists to entertain, educate, and engage audiences globally. The network curates groundbreaking content that inspires conversations on technology, education, and human potential.

Media Contact

David Wine, Planet Classroom, +1 (212) 439-8474, david@cmrubinworld.com, https://www.cmrubinworld.com/ 

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SOURCE Planet Classroom

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