While looking for help to fix the design flaws he was introduced to Charles Morel. Morel showed his prototype bike to Gérard and suggested that he meet with one of his mechanics named Dulac and get his help in perfecting a working folding bike design. 5, 1894 Charles Morel and Lieutenant Gérard entered into an agreement to manufacture and commercialize a folding bike.
Morel would finance and oversee the manufacturing and Gérard would promote it.
In October of 1895 a retail store was opened in Paris to sell the bike to the public.
The actual first inventor of the folding bike may never be known with absolute certainty, but there are a few contenders.
Interestingly, perhaps preceding the folding bicycle, was the folding tricycle since there are a few references to them dating from the 1880's from such companies as Bayliss Thomas in England and The Pope Manufacturing Company in the U. Englishman William Grout is often given credit for inventing the first folding bike in 1878 but from most accounts, his bicycle (a penny-farthing design pictured below) had a folding front wheel and a frame that disassembled. on September 16, 1887 and it was issued on February 21, 1888.
Secondly, there are competing claims from many inventors in different countries vying to be called the original inventor of the folding bike.
Most of these claims can't be documented in a convincing manner but that's not to say that they aren't necessarily true.