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Index/Ops/Industry Ignited Podcast
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Why Legacy Businesses Must Innovate to Survive | Ep. 105 [Tariq Miflal]

Industry Ignited Podcast ยท 2026-09-09 ยท 54 min

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Topics in this episode

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Episode notes

What does it take to transform a 50-year-old family business into a future-ready mobility company? In this episode of Industry Ignited, Dr. Leeanne Aguilar sits down with Tariq Miflal, CEO of Lumala, to explore how a third-generation manufacturing business is evolving from traditional bicycles into e-bikes, cargo bikes, electric mobility solutions, and new sustainable business models. Tariq shares lessons from leading through disruption, earning the trust of long-time employees, understanding customers firsthand, and choosing profitability over competing in a race to the bottom. From automation and data-driven manufacturing to sustainability, global expansion, and battery-swapping technology, this conversation offers valuable insights for leaders navigating transformation while preserving the strengths of a legacy business. ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ˆ๐ ๐ง๐ข๐ญ๐ž๐ ๐ˆ๐ง๐ฌ๐ญ๐š๐ ๐ซ๐š๐ฆ ๐…๐š๐œ๐ž๐›๐จ๐จ๐ค ๐‹๐ข๐ง๐ค๐ž๐๐ˆ๐ง ๐’๐ฉ๐จ๐ญ๐ข๐Ÿ๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ž ๐๐จ๐๐œ๐š๐ฌ๐ญ ๐“๐š๐ซ๐ข๐ช ๐Œ๐ข๐Ÿ๐ฅ๐š๐ฅ #podcast #podcastinterview #podcasts #podcastclips #podcastlife #industryignited #drleeanneaguilar #innovation #technology #manufacturing #electricvehicle

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