I titled this post "revolting" because the image of this bike is revolting.
DALLAS, Nov. 17, 2020 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI) today announced plans to start taking orders for its Retro ReVolt BMW R71 Clone Electric Motorcycle starting in December. The ReVolt BMW R71 Clone Electric Motorcycle will only be available in North America. It will be available both as a complete unit and as a kit that can be assembled on the buyers own BWM R71 frame.
If you are interested in ordering a ReVolt BMW R71 Clone Electric Motorcycle, you can sign-up on the ReVolt Motorbikes website to be notified as soon as a pre-order can be placed:
ReVolt_BMW.jpg
www.revoltmotorbikes.com (http://www.revoltmotorbikes.com/)
The Retro ReVolt BMW R71 Clone Electric Motorcycle is separate from the Rideshare ReVolt Electric Motorcycle ALYI intends to start delivering in Africa next year for the growing rideshare market gradually replacing existing combustion engine motorcycles in use within the existing taxi (boda-boda) market.
In addition to the Rideshare ReVolt Electric Motorcycle going into production for fleet deployment next year, ALYI has recently initiated work on a new state of the art, next generation electric motorcycle designed to innovate the rideshare market in Africa beyond merely the replacement of combustion engines. The company plans to make an announcement later this week on its next generation electric motorcycle.
For more information and to stay up to date on ALYI's latest developments, please visit www.alternetsystemsinc.com (http://www.alternetsystemsinc.com/).
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
https://volcon.com/grunt/ (https://volcon.com/grunt/)
Couple bikes soon available.
This one instantly reminded me of my 1969 Rokon two wheel drive in my garage. But this bike actually has suspension.
NO MENTION of battery life, battery size, etc. I know it's tough to state miles-per-charge for an off-road vehicle, but they could say how far it goes on flat, dry, land.
from another thread ( I kind of want to see a single thread for all two-wheel electric 'news'.)
https://www.ccsforum.com/index.php?topic=29097.msg220634#msg220634
(https://www.ccsforum.com/index.php?action=dlattach;topic=29097.0;attach=12263;image)
VANCOUVER, BC, Aug. 5, 2021 /CNW/ - Tinbot is an electric motorcycle designed in Germany. When it first rolled out in 2020, (known as Kollter in Europe, and Artisan in the UK) it took the European market by storm. They are now available in Canada in two versions.
No Motorcycle Licence? No Problem!
The ES1 Pro-L is the LSM (limited speed motorcycle) and is limited to 70 km/h. All you need is a regular driver's license. The continuous power of LSM is limited to 1.5kW but on demand for acceleration and hill climbing reaches the same peak power of the ES1 Pro-M If you do have a motorcycle driver's license, then ES1 Pro-M is the one for you. With five-kilowatt continuous power motor and ten-kilowatt peak power it can reach a top speed of 100 km/h, fast enough to hop on the highway as well.
This rates the bike as 250CC ICE (internal combustion engine) equivalent but the immediate acceleration of the axial flux 5100RPM motor and the lack of gears give this bike better acceleration than its gas-powered counterparts. In other words, Tinbot's throttle is simply twist and go. Just like riding a scooter, there's no clutch to release, no gears to grind, no accidental wheelies off the line, but with its feather weight of 112 kg, you'll enjoy amazing torque, and thrilling acceleration, even up the steepest hills. With its nimble handling, and comfortable ride, the Tinbot is the perfect city bike, but it's also ready for adventure.
https://youtu.be/IHQpf64tMBU
DOUBLE DUTY WHEELS
If there was ever a truly double duty bike, the Tinbot is it. It comes with 17 inch cast road wheels for the street, but for an extra $500CAD, you can buy the off-road wheel kit, (21 inch front/18 inch rear spoked wheels/knobby tires), and be a motocross hero on the weekends. Alternatively, you can buy the bike with off-road wheels and ride it on the road or on the trails. As the high torque is the priority for off-road riding the rear wheel can take a sprocket that would increase its torque by 40%.
POWER
Tinbot sports a pair of 72-volt 35 amp-hours batteries with 5KWH of total capacity packed in two removable boxes that you can charge away from the bike, if you want to park on the street. If there's a regular outlet nearby, you can also charge the Tinbot directly from the top of the "tank." With the fast charger, you can be fully charged in less than four hours, and ride for 120 km on the road, or up to four hours off road.
It has an LED headlight with daytime running lights and features a nice big LCD dash. If you want to keep your keys in your pocket, your bike will start with the press of a button, thanks to the RFD technology embedded in your fob.
BRAKES, One Lever to Stop Them All.
Instead of ABS, the Tinbot sports a combined braking system. That means when you grab that left break lever, you won't be taking a dive, because front and rear vented disc brakes are activated simultaneously.
SUSPENSION
Tinbot's suspension is very responsive. It has about the same ground clearance as the Zero FX and KTM Freeride electric motorbikes, more than enough for catching air on dirt tracks, but Transport Canada has certified Tinbot as a completely street legal motorcycle. The upside down forks on the front, and the rear shock on the rear are both adjustable.
Tinbot's best feature is its price, which is a mere fraction of a Zero or Harley Davidson's Livewire. Instead of spending 40K on one bike, you could buy five Tinbots and start your own electric motorcycle gang. Plus, its also eligible for all government rebates applicable for electric motorcycles. Take a Tinbot for a spin at any Greenwit dealer or from www.motorino.ca (http://www.motorino.ca).
SOURCE Motorino Electric Cycles
So this press release was categorized as motorcycle news. Reading the title you would think it was based off the big HD motorcycle... but it is not. No mention of why they say it is "powered" by HD. Add to that this statement at the bottom of the auction information page:
QuoteNOTE: Each prize is a highly customized version of Sponsor's standard production e-bicycle that is (a) intended to be a collectible for display purposes only, and (b) not intended for use. As such, Sponsor's standard product warranty will not apply to the prize, which will be provided on an "as-is" basis, except as required by law, and Sponsor hereby disclaims any and all express and implied warranties, including fitness for a particular purpose.
Just found some more BAD NEWS about this bike hidden in the specifications:
QuoteWeight
59.0 lbs/26.7 kg (Size Large)
Weight Limit
This bike has a total maximum weight limit of 280 lbs (128 kg) – combined weight of bicycle, rider and cargo.
Total weight limit is 280 pounds. The bike is 59 pounds. That leaves 221 pounds for "rider and cargo." I weight 240 with clothes on. Who are they going to sell this to?
MILWAUKEE, Aug. 6, 2021 /PRNewswire/ -- Serial 1, Powered by Harley-Davidson, unveiled the first single-edition custom eBike available for auction in its new 1-OFF Series at the 81st annual Sturgis Motorcycle Rally today.
The auction for the MOSH/CHOPPER, a one-of-a-kind custom eBike combining the silhouette of a '60s-era wheelie bike with psychedelic paint and loads of chopper style, begins this morning at www.serial1.com/chopper (http://www.serial1.com/chopper). The auction will close at 5 PM MDT on Tuesday, August 10th, awarding the one-of-a-kind eBike to the highest bidder.
The MOSH/CHOPPER, Serial 1's first-ever 1-OFF custom, throws it back to the days of banana seats, high-rise bars, and wheelies for blocks and blocks! Best of all, this kandy-kolored fun machine could be yours! Visit www.serial1.com/chopper (http://www.serial1.com/chopper) and place your bid right now!
The MOSH/CHOPPER, Serial 1's first-ever 1-OFF custom, throws it back to the days of banana seats, high-rise bars, and wheelies for blocks and blocks! Best of all, this kandy-kolored fun machine could be yours! Visit www.serial1.com/chopper (http://www.serial1.com/chopper) and place your bid right now!
Serial 1's 1-OFF Series Will Release and Auction Handbuilt, Single-Edition Custom eBikes
"Customization is such an important part of the motorcycle ownership experience," says Aaron Frank, Brand Director at Serial 1. "For decades, people have been modifying their motorcycles to reflect their unique style and taste. The 1-OFF Series applies this same spirit of individualization and personalization to eBikes, showing people just how much fun it is to create an eBike that suits their own unique personality."
According to Frank, the 1-OFF Series plans to release a new, run-of-one custom eBike model for auction a few times per year.
The MOSH/CHOPPER was conceived by Serial 1 and constructed by chopper builders Warren Heir, Jr. and Kendall Lutchman at JR's Fabrication and Welding in Milwaukee. While the eBike maintains all the features and functionality of the standard MOSH/CTY that inspired it, including the maintenance-free Gates Carbon Drive belt, powerful Brose mid-mount motor, smooth TRP hydraulic disc brakes, internally routed cables and wires, and integrated lighting, custom modifications include:
A long-and-low banana seat, supported by a custom stainless-steel sissy bar
A high-rise handlebar that creates a perfect riding position for laid-back cruising
A '60s-style "Street Freak" paint job, consisting of silver micro-flake basecoat covered in House of Kolor Oriental Blue Kandy
Finishings like intricate panels, freak drops, hand pinstriping and single-stroke hand lettering.
To participate in the auction, visit www.serial1.com/chopper (http://www.serial1.com/chopper).
About Serial 1, Powered by Harley-Davidson
Serial 1, Powered by Harley-Davidson, offers premium eBicycles that are guided by intelligent, human-centered design and crafted using the most advanced bicycle technology available, to create the easiest and most intuitive way to experience the fun, freedom, and instant adventure of riding a pedal-assist electric bicycle. Find out more by visiting www.serial1.com (http://www.serial1.com).
SOURCE Serial 1 Cycle Company
$7,000 for a bicycle?
MILWAUKEE, Sept. 18, 2021 /PRNewswire/ -- Serial 1 unveiled its limited-edition S1 MOSH/TRIBUTE eBike today at Electrify Expo, North America's Largest E-Mobility Festival. The first release in Serial 1's exclusive new S1 Series, the S1 MOSH/TRIBUTE pays homage to the stunning vintage prototype that inspired the creation of the Serial 1 eBike brand.
Serial 1's S1 MOSH/TRIBUTE eBike pays homage to the stunning vintage prototype that inspired the creation of the brand
The new S1 Series will roll out special, limited-edition versions of the company's production eBikes that have been elevated with premium finishes, added technology, exclusive components, and unmatched attention to detail. Production of the S1 MOSH/TRIBUTE, available for pre-order today, will be limited to just 650 units total — 325 available in the United States and 325 available in Europe. Delivery is anticipated for late Q4 of this year.
"When Serial 1 launched in October 2020, the first eBike shown to the public was a stunning prototype drawn from the vintage motorcycle that inspired the creation of the Serial 1 eBike brand," says Aaron Frank, Brand Director at Serial 1. "We are thrilled now to offer a limited-edition that so faithfully captures the iconic look and feel of that first prototype, and to use this moment as a springboard to launch our S1 Series that will see even more exclusive and highly-desirable Serial 1 eBike models in the future."
Based on Serial 1's MOSH/CTY production model, the S1 MOSH/TRIBUTE holds remarkably true to the original prototype, including rich gloss black paint with gold graphics, distinctive, white-toned Schwalbe Super Moto-X tires (exclusive to Serial 1), a hand-crafted, honey-colored leather saddle and matching leather grips from Brooks England, and a stamped-brass shield mounted to the front signature light.
Behind the special paint and components, the S1 MOSH/TRIBUTE maintains all the features and functionality of the standard MOSH/CTY model, including the maintenance-free Gates Carbon Drive belt, powerful Brose mid-mount motor, smooth TRP hydraulic disc brakes, internally routed cables and wires, and integrated lighting.
For downloadable images of the S1 MOSH/TRIBUTE, please visit https://serial1.com/press-kit/ (https://serial1.com/press-kit/). For more information on Serial 1's S1 Series, or to reserve your very own S1 MOSH/TRIBUTE, please visit www.serial1.com/tribute (http://www.serial1.com/tribute).
About Serial 1
Serial 1 offers premium eBicycles that are guided by intelligent, human-centered design and crafted using the most advanced bicycle technology available, to create the easiest and most intuitive way to experience the fun, freedom, and instant adventure of riding a pedal-assist electric bicycle. Find out more by visiting www.serial1.com (http://www.serial1.com).
VANCOUVER, BC, April 6, 2022 /CNW/ - Electric powered vehicles are currently a big point of interest. Electric cars are on the verge of replacing Internal Combustion Engine (ICE) vehicle and currently, there isn't a single car manufacturer that hasn't made a vehicle with at least one electric motor. With the advancement of technology, another category of electric transportation has started to evolve – the electric cycles. Electric bicycles were the first to conquer the European market by storm in 2014-2016, and the North American market four years later. While the e-bike market was expanding in North America, the next stage of the electric cycle revolution began in Europe – the electric motorcycle. Instead of buying ICE motorbikes, the European population began to adopt their 50 -150cc electric equivalents for their daily transportation needs. Their range of 80 -140km and their speed of 70 – 120 km/h was sufficient for the daily commuting needs of the average European citizen even for highways. Switching to this mode of transportation became an attractive option for urban commuters due to four reasons: their zero emission and silent operation, avoidance of the road congestion and substantial government rebates. Ultimately, this created a demand for personal electric transportation and exposed a niche for electric motorcycles equivalent to their ICE counterparts. In 2016 the Australian-Chinese company Vmoto was the first to tap into this niche in Europe with their brand Super Soco. With affordable prices, their bikes proved to be a very practical and convenient mode of transportation especially for those living in cities.
Electric Motorcycles are the new transportation revolution
In North America, electric motorcycle manufacturers like Brammo and Zero were founded much earlier – in 2002 and 2006 respectively. Their ambition was to compete with high-power ICE motorbikes, but their limited range and higher price point ultimately reduced their demand in the consumer market. For similar reasons Brammo lost the battle in 2014. Zero was the only manufacturer that endured the bumpy market owing to the fact that they signed contracts with US law enforcement to supply with their machines. Despite this, in 2020 Zero sold an estimated 3,500 motorcycles globally. For the same period, Australian company Vmoto, which started manufacturing their Super Soco brand electric motorcycles nine years after Zero, sold 23,000 electric two-wheelers in 2020 according to their annual report. Proportionally, through the years this is 20 times more than Zero without accounting for its year-after-year percentage increase. Harley Davidson electric bikes sales were not impressive either. Since the release of their Livewire in 2019, they sold roughly 1,700 units worldwide. Recently Harley Davidson announced the release of a smaller and less expensive urban oriented model set back by a three-year delay. Meanwhile, brands like Super Soco, Horwin and Kollter conquered the European market. In 2021Super Soco sold over 1000 units in the UK which rated them as the fastest growing electric motorcycle manufacturer. According to the UK Motorcycle Industry Association (MCIA) the average electric motorcycles registration increase was 51.2% while Super Soco sales increased by 478% in 2021! This clearly illustrates the slower growth of the electric motorcycle industry when it is not mass consumer oriented.
With the added benefits of decreased maintenance, operation costs, free parking, bus lane sharing and government incentives such as rebates, the electric motorcycle quickly became the preferred choice for NA citizens. The most attractive aspect being their affordability with prices ranging between $4,000 and $7,000USD. Brands like Super Soco, Horwin, Kollter and Evoke started to emerge in the last few years on the North American city streets. Greenwit Technologies - the exclusive Canadian distributor for all these brands registered sales growth of almost 200% in 2021 compared to 2020.
The rapid adoption of electric motorbikes in North American cities was also accelerated by limiting some models to 70km/h which places them in the same category as 50cc gas motorcycles which do not require a special motorcycle license. The simplicity of their operation (no gears, no clutch) was another factor for their mass adoption. The instant torque of electric motorbikes is a feature that makes them superior to their same power rated gas counterparts with acceleration that exceeds well above them, ultimately making them more agile and safer in busy urban traffic.
When it comes to electric cars, their main disadvantage is charging – particularly for those who can't charge them at their homes. Almost all Super Soco, Horwin and Kollter models are equipped with removable batteries, which can be charged separately. This means that they can also be plugged in at an office until fully charged. Depending on the rider's preference for distance or speed, these bikes provide different speed modes. These modes do not sacrifice their ability to handle steep terrain and many of them can handle hills like San Francisco's famous vertiginous grades, which is not achievable by their ICE counterparts.
As e-bikes sales exceeded the sales of the regular bikes in Europe and North America, a similar pattern is underway with electric motorcycles. North American people require electric cycles with longer range and speeds for commuting in urban and suburban environments. Additional factors such as government commitment for zero emission transport, gas price increases, and urban congestion accelerate the desire to make the switch. Manufacturers like Ducati, Honda, Triumph, and BMW have already committed with their introduction of electric bikes in the near future. Brands like Super Soco, Horwin, Kollter and others are now filling the demand for the light electric urban transportation, but they won't stop there. Later this year Vmoto Soco and Kollter will be releasing their next level bikes named Stash and RS1 with higher speeds, longer range and more powerful motors with presumably more affordable prices.
SOURCE Motorino Electric Cycles
MODENA, Italy and NEW YORK, May 31, 2022 /PRNewswire/ -- PRNewswire – Energica Motor Company S.p.A., a subsidiary of Ideanomics (NASDAQ: IDEX) and a pioneering Italian manufacturer and distributor of high-performance, 100% battery-powered, highly stylized electric motorcycles, today announced the launch of its newest electric motorcycle in the company's line-up, the Energica Experia. Experia, a Green Tourer, delivers on the company's vision of comfort and endurance and is the most nimble and maneuverable machine Energica has ever made, allowing riders to tap into their wanderlust by offering the longest range of any electric motorcycle on the market.
Energica_Experia___5.jpg
Built from the ground up on a new platform with a new frame, steering, fairing and more, Experia offers an exciting riding experience no matter where your route takes you, with the thrills of a sportbike and the comfort of a traditional touring bike. Both the rider and the passenger will share an exhilarating riding experience without sacrificing supreme comfort. Experia is the fourth all-electric motorcycle based on the company's Italian racing heritage in Energica's award-winning line-up. Experia is currently in manufacturing and is expected to be delivered to dealers in the U.S. by this fall.
Energica: Italian Heritage and Innovative Product Line of Electric Motorcycles
With more than 10 years of experience in the electric motorcycle industry, Energica's technical team has proven experience creating racing-quality motorcycles with no emissions. Energica's no-emission EV technology combined with the pedigree of high-performance mobility synonymous with Italy's Motor Valley delivers a range of exceptional products for the high-performance motorcycle market. In addition, Energica has developed a proprietary EV battery and DC fast charging in-house. Energica has spent 10 years developing its electric motorcycle powertrains, with much of the advanced technology developed in part due to Energica's presence on the race track.
Experia's New High-Tech Platform
Experia now brings Energica's innovative spirit into an entirely new segment of riding. To counter the additional bulk and, therefore weight required to provide the comfort expected of any touring platform, Energica has utilized new technologies to lower the mass and weight of the heaviest components. Battery, motor and frame are all redesigned. A new aerodynamic fairing maximizes not only weather and wind protection but range. The result is a Green Tourer: excellent rider and passenger comfort, the longest travel distance between charging sessions, and the shortest time to charge of all-electric motorcycles on the road today.
Largest Battery with Fastest Charging - RESS
The Experia battery boasts a new internal RESS (Rechargeable Energy Storage System) geometry, adding capacity while centralizing mass. This provides a lower center of gravity to give the vehicle superior low-speed handling while still enjoying the largest battery capacity of any electric motorcycle currently on the market, at 22.5 kWh maximum that can be charged from 0-80% in just 40 minutes at a Level 3/DC Fast Charger. Riders also have the option to use Level 2 or 1 charging on the road or at home. These offerings confirm Energica as the only electric motorcycle manufacturer to offer riders all three levels of charging.
EMCE Permanent Magnet Assisted Synchronous Reluctance Motor
No longer a permanent magnet synchronous motor (PMSM) primarily based on internal permanent magnets, but instead Synchronous Reluctance assisted by permanent magnets. It is smaller and 10 kg. (22 lbs.) lighter than the Energica's EMCE motor of the other models, without any loss of performance thanks to even greater thermal efficiency. Water-cooled and oil-lubricated, it is lower in the chassis, improving handling at all speeds.
"We have focused on the real-world needs of motorcycle riders worldwide, creating an ex-novo state-of-the-art engineering platform," said Giampiero Testoni, CTO of Energica Motor Company. "We melded high-tech electric mobility with the roaming spirit of the motorcycle traveler. The intention was to create the first electric motorcycle created specifically for long-distance bike lovers. "
"It is Energica's intention to spread these technological innovations across a family of other electric motorcycles and additionally incorporate elements of these in Energica Inside, the recently launched business unit of Energica Motor Company S.p.A. dedicated to the development and production of powertrains, batteries and technology across numerous disciplines and applications."
Satisfy your long-distance wanderlust
The Energica Experia fairing provides excellent weather and wind protection while remaining stylish and unobtrusive. New voluminous hard side panniers and a top case with a total capacity of 112 liters will be included in the Launch Edition, designed for long-distance travel. The Launch Edition will also include bar ends and bolts in black ergal, heated handgrips and aluminum rims with red details.
Experia has two USP ports on the dash and two more in a waterproof large and lockable storage compartment. The accessories list will gradually grow and cover all the needs of all customers.
Experia Specifications
Range: 420 km (261 miles) City / 256 km (160 miles) Combined / 208 km (130 miles) Extra-urban
Battery capacity: 22.5 kWh Max. / 19.6 kWh Nominal
Charging time: 0-80% in 40 minutes with a Level 3/DC Fast charger, compatible with all levels of charging
Peak power: 75 kW (102 HP) Sustained: 60 kW (80 HP)
Torque: 115 Nm (85 lb. ft.)
Top speed: Limited at 180 km/h (112 mph)
7 Riding Modes: Eco, Urban, Rain, Sport, plus 3 Rider Customizable Modes
Regenerative Braking: High, Medium, Low, Off
Traction Control: Six levels of intervention combined with the existing eABS and the Cornering Bosch 9.3 MP
Motor: EMCE Permanent Magnet Assisted Synchronous Reluctance Motor (PMASynRM)
Availability
The bike can be ordered from the 1st of June 2022 at all Energica stores worldwide and will be available in autumn 2022. For pricing, please refer to energicamotor.com.
Electric Motorcycle Market
Between 2020 and 2030, the electric motorbike market is projected to have a compound annual growth rate of 7.4%, reaching 30.5 billion USD in 2030, according to Statistica. The Global Electric Motorcycle Market was valued at $1930.64 million in 2020 and is anticipated to grow with a CAGR of 19.36% in the forecast period, 2022-2026, to reach $6220.82 million by 2026. Energica is uniquely poised to increase its market share in the US and across Europe, its lineup of premium electric motorcycles has more power, torque and range than all current competitors, with a competitive price point.
Since being acquired by Ideanomics, Energica has doubled its US dealers and has 93 dealers in the rest of the world. This spring, Energica also announced the launch of its Energica Inside Program. Energica Inside is a business unit developed within the company that is designed to help other motorcycle manufacturers speed up their own electric vehicle development through the use of Energica's proprietary tech.
About Energica Motor Company S.p.A.
Energica Motor Company S.p.A. is the world's leading manufacturer of high-performance electric motorcycles and the sole manufacturer for the FIM Enel MotoE™ World Cup. Energica motorcycles are currently on sale through the official network of dealers and importers.
About Ideanomics
Ideanomics (NASDAQ: IDEX) is a global group with a simple mission: to accelerate the commercial adoption of electric vehicles. By bringing together vehicles and charging technology with design, implementation, and financial services, we provide the solutions needed for the commercial world to commit to an EV future. To keep up with Ideanomics, please follow the company on social @ideanomicshq or visit https://ideanomics.com.
NEW YORK, July 18, 2022 /PRNewswire/ -- According to the market research report published by P&S Intelligence, in 2021, the Italy electric scooter and motorcycle market was valued at $26.7 million, and it will touch a value of $707.1 million by 2035, at a growth rate of about 30% through the period of 2021–2025 and, further, approximately 24% during the period 2026–2035.
P_and_S_Intelligence_Logo.jpg
Li-ion batteries dominate the Italy electric scooter and motorcycle market with over $26-million revenue, which will advance by about 31% in the span of 2021–2025. Maximum electric two-wheeler manufacturers prefer Li-ion batteries because of their low self-discharge rate, no memory effect, and high density of energy. Furthermore, these batteries last longer than sealed lead–acid batteries.
Get the sample pages of this report at: https://www.psmarketresearch.com/market-analysis/italy-electric-scooter-motorcycle-market/report-sample
Electric scooters witness the highest demand in the Italy electric scooter and motorcycle market, and their sales value will grow at a rate of about 23% till 2025. More power is needed by motorcycles, which means a bigger battery and electric motor are required, thus pushing up their acquisition cost. Furthermore, electric scooters are one of the most-cost-effective options for traveling short distances, thereby pushing e-scooter sales in the country.
The growth in the Italy electric scooter and motorcycle market will be the most rapid in vehicles with a battery of 100 V or more, at a growth rate of around 38%, during the years 2026–2035. The improved mileage and performance of these vehicles will propel their sales in the near future. Moreover, with a lack of charging infrastructure in the country, customers are focusing on EV mileage.
Between the years 1990 and 2019, Italy abridged its emissions by approximately 19%. Its efforts to reduce emissions are inseparably associated with the European Union's policies and recommendations. The European Union recently created a new policy related to the European Climate Law, intended at reducing GHG emissions to a minimum of 55% by the year 2030 from the levels 40 years ago. This is a momentous surge over the preceding goal of a 40% decrease established under the Paris Agreement.
Browse detailed report on Italy Electric Scooter and Motorcycle Market Size, Trends, Emerging Opportunities, And Demand Forecast to 2030
Italy has publicized a novel target for the year 2030 as per the ESR, of a 33% reduction in releases from 2005. These initiatives will help in expanding the growth possibility of the Italy electric scooter and motorcycle market in the years to come, by implementing stringent emission regulations on ICE variants and making people more conscious of climate change.
Italy Electric Scooter and Motorcycle Market Report Coverage
By Product
Scooter
Low-Powered Motorcycle
High-Powered Motorcycle
By Power
<1.5 kW
1.5–5 kW
6–15 kW
>15 kW
By Voltage
48 V
60 V
72 V
100 V and Above
By Cooling System
Natural Convection
Forced-Air Convection
Liquid
By Maximum Speed
<40 km/h
40–80 km/h
>80 km/h
By Battery Type
Sealed Lead– Acid
Lithium-Ion
By Battery Charging Mode
Removable
Non-Removable
By Charging Time
<4 h
4–6 h
>6 h
By Battery Capacity
< 2 kWh
2–2.5 kWh
> 2.5 kWh
By Range
<50 km
50–100 km
101–150 km
>150 km
About P&S Intelligence
P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.
Contact:
Prajneesh Kumar
P&S Intelligence
VALCOURT, QC, Aug. 7, 2022 /PRNewswire/ - BRP Inc. (TSX:DOO) (NASDAQ:DOOO) is proud to announce that, in addition to working on electrifying its existing product lines, it is seizing opportunities to enter new markets with game-changing electric products. Today, BRP unveils the first two models of its Can-Am all-electric motorcycle lineup, the Can-Am Origin and Can-Am Pulse. Building on its motorcycle legacy, BRP is changing the power dynamic and opening the road to a new generation of riders and electric vehicle enthusiasts. What's more, BRP is announcing a completely new electric hydrofoil board bearing the Sea-Doo signature – the Sea-Doo Rise. All three products will be available in mid-2024.
BRP_Inc__BRP_PUSHES_FORWARD_WITH_EV_PLAN_REVEALING_ALL_ELECTRIC.jpg
"Today, our story of innovation reaches new heights with the reveal of market-shaping electric products that will enhance consumer experience on the road and on the water, " said José Boisjoli, President and CEO of BRP. "Half a century ago, Can-Am roared to victory on the track and the trail, and today, a new legacy begins. With the Can-Am Origin and Can-Am Pulse, the first two models of our electric 2-wheel family, we are gearing up to reclaim our motorcycle heritage by crafting thrilling riding experiences for a whole new generation."
Mr. Boisjoli added: "With the Sea-Doo Rise, BRP is leveraging its expertise to address an untapped market category and further position the company for future growth. We have set out to be the key actor in growing and democratizing the hydrofoiling watersport industry. In true BRP fashion, we designed a product that is easy to use and adaptable for all skill levels, making it accessible for all those seeking to rise above the water."
Building on its Motorcycle Legacy
The Can-Am Origin is a tribute to Can-Am's Track n' Trail heritage. This dual-purpose model is designed to bring new exhilaration to both the street and the trail for a more modern multi-terrain experience. The Can-Am Pulse is a balanced and agile motorcycle designed to immerse riders in the energy of the city and transform their daily commute into an electric joyride. Both models feature stunning, modern design, built to showcase state-of-the art technology, like the high-performance LED headlamp, a unique visual signature. Both models are also easier to use and to ride, for novices and seasoned riders alike. Without any need for a standard clutch and transmission, riders can just twist the throttle and go. Consumers will also appreciate the near-silent and vibration-free experience, as well as the smooth and precise power delivery even in tight, low speed situations.
While each model has its own distinct design, ergonomics and capabilities to satisfy different needs, both are powered by the all-new Rotax E-POWER technology, yielding highway-worthy speeds with plenty of horsepower and torque.
BRP plans on revealing full specs in August 2023, just in time to celebrate Can-Am's 50th anniversary. In the meantime, consumers can join the community and be the first to know when the future of motorcycle riding is ready to hit the road by visiting canammotorcycle.com.
Elevating the Watersports Industry
For over 50 years, Sea-Doo has been transforming the personal watercraft industry, and more recently, the pontoon category. Today, the iconic brand sets out to democratize hydrofoiling. Offering different experiences and providing a variety of surfing positions for all skill levels, this new electric hydrofoil board is perfect for the entire family and for those seeking to rise above the water and enjoy a more athletic Sea-Doo Life.
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The Sea-Doo Rise is one of its kind, cleverly designed with innovative and dynamic features that transform the board as riders gain experience over time. Those who are new to hydrofoiling can choose to ride on the water without foiling, or to partially or fully deploy the wing when they are ready to foil above water. Very accessible, simple to use and easy to charge, the all-electric Sea-Doo Rise will provide peace of mind by minimizing worries and maximizing fun on the water!
Full specs are expected to be revealed in August 2023. To stay informed on Sea-Doo Rise news, visit the Sea-Doo website.
Caution concerning forward-looking statements
Certain information included in this release, including, but not limited to, statements relating to BRP's intention to launch new product lines, to the dates of such products' introductions on the market and availability of their respective specifications, to the effect they will have on consumers' experience, to the impact they will have on BRP's future growth, about the Company's current and future business and strategic plans, and other statements that are not historical facts, are "forward-looking statements" within the meaning of Canadian and United States securities laws. Forward-looking statements are typically identified by the use of terminology such as "may", "will", "would", "should", "could", "expects", "forecasts", "plans", "intends", "trends", "indications", "anticipates", "believes", "estimates", "outlook", "predicts", "projects", "likely" or "potential" or the negative or other variations of these words or other comparable words or phrases. Forward looking statements, by their very nature, involve inherent risks and uncertainties and are based on several assumptions, both general and specific. BRP cautions that its assumptions may not materialize and that current economic conditions render such assumptions, although reasonable at the time they were made, subject to greater uncertainty. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors which may cause the actual results or performance of BRP to be materially different from the outlook or any future results or performance implied by such statements. Further details and descriptions of these and other factors are disclosed in BRP's annual information form dated March 24, 2022.
About BRP
We are a global leader in the world of powersports products, propulsion systems and boats built on 80 years of ingenuity and intensive consumer focus. Our portfolio of industry-leading and distinctive products includes Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on and off-road vehicles, Alumacraft and Quintrex boats, Manitou pontoons and Rotax marine propulsion systems as well as Rotax engines for karts and recreational aircraft. We complete our lines of products with a dedicated parts, accessories and apparel portfolio to fully enhance the riding experience. With annual sales of CA$7.6 billion from over 120 countries, our global workforce includes close to 20,000 driven, resourceful people.
MILAN, Nov. 11, 2022 /PRNewswire/ -- Davinci Motor, a fast-growing Chinese manufacturer of high-performance robotic electric motorcycles, unveiled plans to expand into the EU market with the launch of its new two-wheeler DC100 at its press conference at EICMA, the world's leading exhibition of motorcycles, held from November 8 to 13 in Milan.
The company showcased its premium-performance DC100, developed using state-of-the-art technology in collaboration with the prestigious Tsinghua University in Beijing, China.
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"We are extremely excited to be officially launching in the EU market, which is strategically important for Davinci," said Rosanna Libia, Davinci Motor International Business Manager. "We are proud to introduce the brand and the DC100, the symbol of our craftmanship and innovation in R&D."
Davinci Motor first launched the DC100 in July 2021 in the Chinese market before opening its first manufacturing plant in Zibo, China, in August this year, with the DC100 already put into trial production.
With the launch of the futuristic DC100, Davinci Motor aims to bring users in Europe a safer and more enjoyable riding experience. The two-wheeler has been designed as a mobility solution that strikes a perfect balance between acceleration, speed, and range.
Using the Davinci app, new users can quickly get up to speed with the motorcycle's innovative features. Riders can place their smartphone on the phone holder and once in place, the phone serves as the user's interactive dashboard, becoming a navigation tool while providing information such as vehicle status, remaining range, and location details, to name a few.
Davinci Motor has worked tirelessly to simplify the DC100's controls. The intelligent control system seamlessly integrates multiple components while delivering instant and adaptable acceleration combined with responsive and intuitive controls. The smooth forward and reverse system, the uphill, and downhill assistance help the rider to control the vehicle and provide a max speed of 5 km/h and 7 km/h thanks to the perception capabilities of the two-wheeled robot DC100.
"The DC100 marks a new era for electric mobility," added Rosanna Libia. "Our R&D team has created a new design combined with a new technology and a new riding experience for all users. We're excited to see what's next."
The company is taking pre-sale orders for the DC100, priced at 26,000 Euros. Deliveries for those who put down a deposit are slated between the second and third quarter of next year. Going forward, Davinci Motor is also preparing the groundwork to open its first showroom and central hub in Europe.
About Davinci Motor
Founded in 2013, Davinci Motor is an innovative technology company committed to exploring the research and development of robotic vehicles with a perfect combination of performance and ease of use. Davinci Motor's mission is to create an exceptional effortless joyful riding experience for all users, and the DC100 will make users achieve just that. For more information, please visit http://www.davincimotor.com
"wow" ? 10 kW motor..... that is a whopping 13.3 horsepower.
QuoteLAS VEGAS, Jan. 7, 2023 /CNW/ -- On January 5th, Yadea, the world's leading electric two-wheeler brand, made its debut at the Consumer Electronics Show (CES) in Las Vegas, Nevada, unveiling a range of new products and technologies in its 2023 product launch. As well as being the debut appearance for Yadea at CES, the product launch at the world's biggest tech event saw the US debut of the all-new high-speed straddle electric motorcycle series Yadea Keeness VFD and the high-speed pedal electric motorcycle Yadea E150.
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The Keeness VFD model is equipped with a 10KW mid-mounted high-performance motor and features a maximum speed of 100km/h, and an acceleration from 0-50km/h in just 4 seconds. The battery utilizes automotive-grade ternary lithium technology and is equipped with an intelligent energy recovery electronic control system, which enhances power and extends the battery life of high-speed electric motorcycles. Also on show, the Yadea E150, a high-performance electric scooter that boasts a peak power of 5KW, a peak torque of 160Nm, and a top speed of 80km/h. Showcased throughout the exhibition, the Yadea E150 also features Yadea's innovative super-fast charging technology, meaning the motorcycle can be charged up to 80% full power in just 20 minutes.
Yadea also introduced its series of ebike models equipped with high-performance motors featuring a five-year warranty. The company has been in the ebike market for six years and has developed mature smart sensor motor technology, offering a smooth and powerful gear-shifting experience for riders. The Yadea Innovator, one of the models released at CES, is the company's first AI-powered electric folding bike and won the 2022 American Outstanding Industrial Design (IDEA) Award. The Trooper 01 model features a dual motor drive and rear hub motor technology with a peak power of 1000W and 750W, while the Camper model, set to be released in March, will also be equipped with the same motor.
Yadea is focused on establishing a complete ecosystem for electric vehicles and providing a range of products and services for American consumers as part of the company's strategic layout for the US market. Data shows strong growth in the electric bike market in the US, with e-bike sales seeing an increase of over 300% in the first quarter of 2022 and 4.8 million units projected to be sold by 2025. Yadea is well-positioned to take advantage of this growth, with a strong global presence and a mature product development resulting from significant investment in research and development. In the US, the company plans to distribute high-quality products through various channels, including retail stores, online sales, and exhibitions. It also plans to open flagship stores in San Francisco and Los Angeles and 100 Integrated brand dealer stores in the first half of 2023. In addition, Yadea will enter large-scale stores across the US, launch an online ebike independent website, and offer professional maintenance outlets and door-to-door services for after-sales support.
In addition to product launches, CES attendees had the opportunity to experience and interact with Yadea's products and technologies through various on-site activities. These interactive experiences were well received by attendees, who were impressed with the high level of innovation and functionality in Yadea's products. The product launch also received media coverage in the US, with several journalists and technology reporters conducting on site interviews.
Yadea is accelerating its globalization strategy with milestones in R&D, manufacturing, marketing, and branding. The brand is dedicated to providing innovative and high-quality electric vehicle products and technologies that enhance people's daily lives, aligning with its brand mission of "Electrify Your Life." Yadea's participation in the exhibition served as a strong opportunity for the brand, positioning it as a leader in the electric vehicle industry and reinforcing its dedication to globalization and green solutions.
About Yadea
Yadea is a global leader in developing and manufacturing electric two-wheel vehicles, including electric motorcycles, electric mopeds, electric bicycles and electric kick scooters. To date, Yadea has sold products to 60 million users in over 100 countries and regions and has a network of 40,000+ retailers worldwide. With a mission to help people "Electrify Your Life", Yadea continues to invest in R&D, production and global expansion to build a shared and sustainable future for mankind.
Quote from: Biketographer on January 09, 2023, 01:10:23 PM"wow" ? 10 kW motor..... that is a whopping 13.3 horsepower.
Quite a bit more than most scooters, and, with a top speed of over 60MPH...that's pretty good against a scooter.
SAN FRANCISCO, Feb. 17, 2023 /PRNewswire/ -- Heybike is proud to announce the launch of Tyson, our latest and most advanced e-bike model yet. Made from magnesium alloy with sleek, seamless lines, Tyson is designed to make a statement with its distinctive aesthetic. With a maximum speed of 28mph, hydraulic front fork suspension and disc brakes, Tyson is built to offer riders a smooth and safe experience.
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Tyson is equipped with a 4A fast charger that saves you time and energy, and its 48V/15AH large-capacity battery offers a maximum cruising range of 40 miles in pure electric mode and 55 miles in pedal-assisted mode. The detachable battery uses Samsung battery core technology, ensuring reliability and performance.
Tyson is also designed with convenience in mind, with its foldable design allowing it to be easily transported and stored in a small space. The adjustable stem and seat make it suitable for riders of all sizes, and the Shimano 7-speed gears provide ample power for climbing hills or reaching top speeds.
With Bluetooth and 4G capabilities, Tyson allows you to stay connected and informed while you ride. The mobile app lets you monitor your e-bike's location, mileage, and navigation, and the 4G function provides stable signals even when you're away from the city.
We're excited to offer Tyson at an exclusive pre-sale price of $1,699 from March 1st, with three colors to choose from - black, green, and blue. Visit heybike.com to learn more about Tyson and our commitment to providing the best riding experience for all.
But that's not all, Tyson is not just a high-performance e-bike, it is also environmentally friendly and energy-efficient. With its electric motor, Tyson eliminates the need for fossil fuels and reduces the carbon footprint, making it the perfect choice for environmentally conscious riders. The pedal-assisted mode also offers an efficient way to exercise and keep fit, as well as reducing the strain on the electric motor and increasing the battery life.
At Heybike, we're dedicated to providing our riders with the best riding experience possible. That's why we've equipped Tyson with a 7-inch TFT touch screen that displays important information such as speed, battery life, and riding mode. The screen is also adjustable, allowing riders to choose the best viewing angle and ensuring they never miss a beat while they're on the move.
In addition to its advanced features, Tyson is also designed with safety in mind. The hydraulic front fork suspension provides a smooth and stable ride, while the disc brakes offer excellent stopping power. The built-in lights provide extra visibility, making it easy to see and be seen, especially in low light conditions.
About Heybike ® Electric Bikes
Heybike is committed to bringing innovations to the marketplace and expanding product lines to meet the needs of its customers, fostering a lifestyle that brings people together and makes travel easy. For more information on Heybike's latest products and to stay up to date on news from the company, visit heybike.com and follow the brand on Twitter, Instagram, Facebook, and YouTube. To test ride the Heybike or learn more, visit your local dealer.
JAKARTA, Indonesia, March 9, 2023 /PRNewswire/ -- SMOOT Motor, the first smart electric motorcycle brand without charging in Indonesia, welcomes and supports Government's incentives where Indonesians can enjoy an IDR 7 million (approx. USD $475) subsidy when buying a new electric motorcycle starts from 20th March - 31th December 2023. Accelerating the use of EVs is now increasingly crucial, not only in supporting the achievement of carbon emission reduction targets but also in encouraging reductions in fuel subsidies in Indonesia.
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SMOOT Smart electric motorbikes have TKDN certificates (manufactured local content level) of 47.61% by the Ministry of Industry. After subsidy, SMOOT Tempur Facelift price went from IDR 18,500,000 to IDR 11,500,000 (OTR JADETABEK). In April, SMOOT ZUZU, the newest model with a more stylish retro design will also be presented to participate in this subsidy program.
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Different from other electric motorbikes, SMOOT Motor is here as the right solution for riders to overcome range anxiety and increase operational efficiency. By adopting SWAP technology or a battery exchange system from SWAP Energy, SMOOT users can easily exchange their motorcycle batteries at 1,000+ SWAP Station strategic points spread across Alfamidi, Alfamart, Dan+Dan, BP-AKR, Circle-K, Shell, Haus, Martabak Pecenongan 78, Family Mart. As the largest Swap Battery ecosystem in Indonesia, SWAP Energy ensures SMOOT Electric Motorcycle users can carry on their journeys with just 9 seconds.
In addition, SMOOT smart electric motorbike users are also supported by the smart application "SWAP" as a platform to top up travel mileage packages which is very easy with cashless payment like OVO and GoPay. With a top-up system that is only around Rp. 160-175 per kilometre, riders enjoy the pay as you go system. Through this SWAP application, users can monitor and control the status of the motorbike and battery in the palm of your hand.
SMOOT Smart Electric Motors Without Charge is the right choice to take subsidies, as it is highly advantageous for riders when it comes to speed, cost efficiency and convenience. Battery swapping is indeed much faster than charging and Swap Energy offers lifetime warranty so that users have a peace of mind about battery health.
About SMOOT
PT. SMOOT MOTOR INDONESIA "SMOOT Motor" is the first smart electric motor without charging in Indonesia. As a solution to the needs of people who will switch to electric vehicles with long distances, SMOOT Electric Motors uses the battery exchange ecosystem from SWAP Energy and can be exchanged at any time at the nearest 1,000+ strategic locations. SMOOT MOTOR has released two interesting models, namely SMOOT TEMPUR and SMOOT ZUZU. SMOOT Smart electric motorbike won a prestigious award in the Indonesian automotive world, the OTOMOTIF Award 2022 as the best electric scooter motorbike. (www.smoot.id)
About SWAP
SWAP Energi Indonesia is an environmentally friendly energy provider company that has a "swapping model" battery swap ecosystem. With more than 1,000+ Swap points, SWAP Energi is the largest battery exchange station provider company in Indonesia. In addition to the battery exchange ecosystem, SWAP also provides a smart application "SWAP" which is a platform for electric motorbike users to top-up their kilometre quota and monitor the status of the motorbike and battery carefully. In December 2022 yesterday, SWAP Energy won a global award from the 2022 World Summit Award (WSA) in the "Environment & Green Energy" category as a company that has a positive impact on environmental and energy sustainability. SWAP Energi continues to develop and expand its battery exchange station points to 10,000 points in the near future to provide the best convenience for its users.
SOURCE Smoot Motor Indonesia
MILAN, Nov. 9, 2023 /PRNewswire/ -- Ultraviolette, a pioneering force in future mobility and energy infrastructure captured spotlight at EICMA 2023 with a dual announcement. The company's flagship motorcycle – the F77 made its grand debut in European market in conjunction with the global unveiling of F99 Factory Racing Platform at Milan Motorcycle Show.
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The Ultraviolette F77 Airstrike variant
The F77 is first Indian two-wheeler with state-of-the-art battery technology and avionics-inspired vehicle electronics.
Ultraviolette launched the F77 in Europe with deliveries starting in Q2 2024 with three distinctive variants - Shadow, Laser, and Airstrike. The F77 model boasts an impressive 100 Nm of peak torque and 30 kW (40 bhp) of peak power, courtesy the advanced 10.3 kWh battery pack.
The F77 excels in performance, capability, battery technology, safety, ride comfort, handling, and aesthetics, and offers three ride modes - Glide, Combat, Ballistic.
The F77 will be priced between 9,000 to 11,000 Euro in Europe subject to federal / state government incentives and taxes. Ultraviolette will begin accepting registrations on its official website starting 15 November 2023.
Ultraviolette F99 Factory Racing Platform
Ultraviolette's plans extend beyond International-spec F77, with the world premiere of F99 Factory Racing Platform, marking a momentous stride in the realm of electric motorcycle technology. Contrasting with first-gen model, the latest iteration of F99 is a fully-faired motorcycle with advanced battery technology and drivetrain innovations.
One of the most distinctive features of F99 is its active aerodynamics, mirroring principles adopted from supersonic fighter jets. The motorcycle incorporates carbon fibre in the construction of its Active Aerodynamics including the panels and winglets. The Active Aerodynamics are ingeniously integrated at two pivotal locations on the F99 - on air shield, acting as an air windshield, and two front cowl ducts, channelling air to the motor that compresses and releases it through vanes. This mechanism optimizes airflow over the rider's helmet to reduce drag.
Another strategically key innovation is embodied in the Air-Blade, a segment of side fairing, adapting to lean angles to enhance downforce during cornering. Multiple additional winglets are strategically positioned at front and rear of the vehicle to fine-tune aerodynamic efficiency. The F99 boasts an impressive top speed of 265 kph.
The liquid-cooled motor on F99 produces a maximum power of 120 bhp (90 kW), allowing the motorcycle to go 0 to 100 kph in just 3 seconds.
With an aero drag coefficient of 0.45 and kerb weight of 178 kg, the F99 Factory Racing Platform is set to rewrite the rules in the motorsport world.
The Global commercial launch of the F99 is anticipated by 2025. Ultraviolette is actively engaged in discussions with European distributors and dealers to provide an exhilarating experience for riders across the continent.
For more information - https://www.ultraviolette.com/
Range 48 miles
7.5 kW (10 horsepower) continuous
14 kW (20 horsepower) peak
Inverted forks
Maximum carrying capacity 150 kg (330 pounds)
$8995. Free shipping if deposit place by December 31
Built in California
https://ryvid.com/products/anthem
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PALO ALTO, Calif., Dec. 20, 2023 /PRNewswire/ -- Inpixon® (Nasdaq: INPX) today announced that Damon Motors, maker of the award-winning HyperSport EV Motorcycle, will be featuring its HyperFighter Superbike at CES 2024 within the NXP® Semiconductors booth CP-19 at the Las Vegas Convention Center Central Plaza, January 9-12, 2024. CES, owned and produced by the Consumer Technology Association (CTA)®, is widely recognized as the one of the most influential tech events in the world. CES provides a platform to showcase groundbreaking technologies and global innovators including manufacturers, developers, and suppliers of consumer technology products.
"We are pleased to return to CES and feature our innovative HyperFighter Superbike," commented Jay Giraud, CEO of Damon Motors. "CES brings together global leaders within the technology industry and provides the stage to experience leading products from around the world. We are proud to be able to feature our HyperFighter Superbike, which provides users with a new riding experience combining high performance and sleek design with advanced safety technologies that differentiate our bike from others on the market. Separately, we continue to advance our business transaction with Inpixon, which is expected to result in a new publicly traded company on Nasdaq, allowing Damon to further execute our business growth strategy."
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Damon has won over a dozen awards for its innovations including a 2022 CES Best in Innovation award for its HyperDrive technology and a 2020 CES Best in Innovation award for its flagship HyperSport motorcycle. The company has also received awards from The Edison Awards, GOOD DESIGN, Digital Trends, Red Herring, Popular Science, Robb Report, and more.
As previously disclosed, Inpixon's board of directors has set December 27, 2023 as the record date for determining the holders of Inpixon's outstanding capital stock and certain other securities ("Record Date Securityholders") entitled to the distribution of all the outstanding shares of Grafiti Holding Inc. owned by Inpixon ("Spin-off Shares") in connection with its previously announced spinoff.
Factors that May Affect the Distribution and Spin-off
The distribution of the Spin-off Shares to the Record Date Securityholders is conditioned upon the effectiveness of the Registration Statement. In addition, the Business Combination is subject to the satisfaction or waiver of certain closing conditions, including approval of the Business Combination by Damon securityholders, approval by the Supreme Court of British Columbia, and a Plan of Arrangement for purposes of compliance with the exemption from registration provided by Section 3(a)(10) under the Securities Act of 1933, as amended, in connection with the issuance by Grafiti of the merger consideration to Damon securityholders, as well as approval by Nasdaq to list the shares of the combined company. No assurance can be provided as to the timing of the completion of the distribution and the Business Combination or that all conditions to the Spin-off or the Business Combination will be satisfied. Inpixon expects that there will be no public trading market for the shares of Grafiti until or unless the Business Combination is consummated.
Inpixon may elect to change the Record Date for the Spin-off to a later date or to not proceed with the distribution.
About Inpixon
Inpixon® (Nasdaq: INPX) is the innovator of Indoor Intelligence®, delivering actionable insights for people, places and things. Combining the power of mapping, positioning and analytics, Inpixon helps to create smarter, safer, and more secure environments. The company's Indoor Intelligence and industrial real-time location system (RTLS) solutions are leveraged by a multitude of industries to optimize operations, increase productivity, and enhance safety. Inpixon customers can take advantage of industry leading location awareness, analytics, sensor fusion, IIoT and the IoT to create exceptional experiences and to do good with indoor data. For the latest insights, follow Inpixon on LinkedIn, and X, and visit inpixon.com.
About Damon Motors
Damon is a global technology leader disrupting urban mobility, led by entrepreneurs and executives from world-class EV and technology companies. With its offices in San Rafael, California and headquartered in Vancouver, Canada, Damon is on a mission to cause a paradigm shift for safer, smarter motorcycling. Anchored by its proprietary electric powertrain, HyperDrive™, Damon has captured the attention of the motorcycling world by delivering 200 hp, a top speed of 200 mph, 200 miles of range, innovative design, and new safety features, including CoPilot™ and Shift™, which are attracting an entirely new generation of motorcycle riders. With strong consumer interest in the US and abroad, Damon aims to set a new standard for motorcycle safety and sustainability worldwide. For more information on how Damon technology is defining the new industry standard, please visit damon.com.
Important Information About the Proposed Damon Transaction and Where to Find It
In connection with the Spin-off, Grafiti has confidentially submitted with the SEC a registration statement, registering Grafiti common shares. Grafiti will also file a preliminary and final non-offering prospectus with the British Columbia Securities Commission relating to the Business Combination with Damon. This press release does not contain all the information that should be considered concerning the Spin-off and the Business Combination with Damon (the "Proposed Damon Transaction") and is not a substitute for any other documents that Inpixon or Grafiti may file with the SEC, or that Damon may send to stockholders in connection with the business combination. It is not intended to form the basis of any investment decision or any other decision in respect to the Proposed Damon Transaction. Damon's stockholders and Inpixon's stockholders and other interested persons are advised to read, when available, the registration statement of Grafiti together with its exhibits, as these materials will contain important information about Inpixon, Grafiti, Damon, the Proposed Damon Transaction.
The registration statement, upon effectiveness, and other documents to be filed by Grafiti with the SEC will also be available free of charge, at the SEC's website at www.sec.gov, or by directing a request to: Grafiti Holding Inc., 2479 E. Bayshore Road, Suite 195, Palo Alto, CA 94303.
Forward-Looking Statements Regarding the Proposed Damon Transaction
This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Exchange Act. All statements other than statements of historical fact contained in this press release, including statements regarding the benefits of the Proposed Damon Transaction, the anticipated timing of the completion of the Proposed Damon Transaction, the products under development by Damon and the markets in which it plans to operate, the advantages of Damon's technology, Damon's competitive landscape and positioning, and Damon's growth plans and strategies, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "targets," "projects," "could," "would," "continue," "forecast" or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts, and assumptions that, while considered reasonable by Inpixon and its management, and Damon and its management, as the case may be, are inherently uncertain and many factors may cause the actual results to differ materially from current expectations which include, but are not limited to:
the risk that the Proposed Damon Transaction may not be completed in a timely manner or at all, which may adversely affect the price of Inpixon's securities;
the risk that the public market valuation of the combined company following the consummation of the business combination may differ from the valuation range ascertained by the parties to the business combination and their respective financial advisors, and that the valuation to be ascertained by an independent financial advisor to Damon in connection with the business combination may differ from the valuation ascertained by Inpixon's independent financial advisor;
the failure to satisfy the conditions to the consummation of the Proposed Damon Transaction, including receiving the necessary approvals from the Damon securityholders and the Supreme Court of British Columbia with respect to the Plan of Arrangement;
the occurrence of any event, change or other circumstance that could give rise to the termination of the Proposed Damon Transaction;
the effect of the announcement or pendency of the Proposed Damon Transaction on Inpixon, Grafiti and Damon's business relationships, performance, and business generally;
risks that the Proposed Damon Transaction disrupts current plans of Inpixon, Grafiti and Damon and potential difficulties in their employee retention as a result of the Proposed Damon Transaction;
the outcome of any legal proceedings that may be instituted against Damon, Grafiti or Inpixon related to the Proposed Damon Transaction;
failure to realize the anticipated benefits of the Proposed Damon Transaction;
the inability to satisfy the initial listing criteria of Nasdaq or obtain Nasdaq approval of the initial listing of the combined company on Nasdaq; the risk that the price of the securities of the combined company may be volatile due to a variety of factors, including changes in the highly competitive industries in which Grafiti and Damon operate, variations in performance across competitors, changes in laws, regulations, technologies that may impose additional costs and compliance burdens on Grafiti and Damon's operations, global supply chain disruptions and shortages, and macro-economic and social environments affecting Grafiti and Damon's business and changes in the combined capital structure; the inability to implement business plans, forecasts, and other expectations after the completion of the Proposed Damon Transaction, and identify and realize additional opportunities; the risk that Damon has a limited operating history, has not achieved sufficient sales and production capacity at a mass-production facility, and Damon and its current and future collaborators may be unable to successfully develop and market Damon's motorcycles or solutions, or may experience significant delays in doing so;
the risk that the combined company may never achieve or sustain profitability;
the risk that Damon and the combined company may be unable to raise additional capital on acceptable terms to finance its operations and remain a going concern;
the risk that the combined company experiences difficulties in managing its growth and expanding operations;
the risk that Damon's $85 million of non-binding reservations are canceled, modified, delayed or not placed and that Damon must return the refundable deposits and such reservations are not converted to sales;
the risks relating to Damon's ability to satisfy the conditions and deliver on the orders and reservations, its ability to maintain quality control of its motorcycles, and Damon's dependence on third parties for supplying components and manufacturing the motorcycles;
the risk that other motorcycle manufacturers develop competitive electric motorcycles or other competitive motorcycles that adversely affect Damon's market position;
the risk that Damon's patent applications may not be approved or may take longer than expected, and Damon may incur substantial costs in enforcing and protecting its intellectual property;
the risk that Damon's estimates of market demand may be inaccurate; and
other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in Inpixon's Annual Report on Form 10-K for the year ended December, 31, 2022, which was filed with the SEC on April 17, 2023, and Quarterly Report on Form 10-Q for the quarterly period thereafter, as such factors may be updated from time-to-time in Inpixon's filings with the SEC, and the registration statement to be filed by Grafiti in connection with the Spin-off. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements.
Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Neither Inpixon nor Damon gives any assurance that either Inpixon or Damon or the combined company will achieve its expected results. Neither Inpixon nor Damon undertakes any duty to update these forward-looking statements, except as otherwise required by law.
No Offer or Solicitation
This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transactions and is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy, sell or solicit any securities or any proxy, vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be deemed to be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act.
LAS VEGAS, Jan. 8, 2024 /PRNewswire/ -- From January 9th to 12th, the globally anticipated Consumer Electronics Show (CES) will be grandly held at the Las Vegas Convention Center in the western United States. During this event, RICTOR, an innovator in the field of new energy two-wheel vehicles, will unveil its full product lineup, showcasing its latest technologies and achievements in the field.
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As one of the focal points of CES, RICTOR will present over 10 innovative products that lead the industry trends, including several global debut new products and industry-disrupting cutting-edge technologies. K1, as the first electric motorcycle of RICTOR, stands out as a centerpiece of this exhibition. Equipped with a 750W Bafang motor and dual battery configuration, which is not only powerful but also solves range anxiety. Its built-in IoT module enables smart app connectivity, unlocking a new experience of intelligent travel for consumers.
The new products also include the C8, a saddle-style skateboard specially designed for children. These new vehicles not only exhibit a more stylish and dynamic exterior design but also demonstrate substantial improvements in intelligence and safety performance. The highlight products of RICTOR also include 1S certified by the new national standard; the A1, a high-speed off-road electric scooter equipped with dual 1300W motors and the S9 PLUS with front and rear suspension design. These products, distinguished by excellent performance and innovative design, have gained widespread favor among consumers.
RICTOR possesses leading independent R&D technology capabilities, earning high recognition within society. With over 300 patents, RICTOR has also formulated 132 testing standards, benefiting from its deep understanding of the industry and products. As the leading drafting unit, RICTOR has been involved in establishing national general technical and testing standards for the scooter industry. RICTOR independently developed the KIPS (Kinetic Intelligent Power System), integrating three-electric technologies: intelligent motor (abundant power, precise design, smooth torque, quiet driving), intelligent battery (reliable usage, smart core, long endurance, fast charging), and intelligent control (OTA over-the-air upgrades, precise positioning, energy recovery system, high-efficiency conversion). As the industry enters a stage of rapid growth, RICTOR continues to launch products with higher levels of intelligence.
Always attentive to diverse user needs, RICTOR has developed shared electric scooters like the Super C, KS3000, SE200, and SE140, employing advanced technological concepts and core technology, which represents that RICTOR has achieved full scene coverage of intelligent two-wheel electric travel and built a green, intelligent, and convenient new travel ecosystem.
RICTOR is a brand specializing in the field of intelligent short-distance travel. Main business involves manufacturing and selling products such as electric scooters, E-bikes and electric motorcycles. Its products have been sold in over 80 countries and regions globally, with hundreds of millions of users experiencing its consumer-grade and shared-grade products.
Combining RICTOR strengths in core technology development for three electric components, supply chain management, complete vehicle manufacturing, IoT shared modules, AI-powered imaging systems and the establishment of shared vehicle networking operation platforms, RICTOR has garnered nearly 500 patents including inventions, PCT, utility models and design patents. RICTOR continues to dedicate itself to the research and development of new energy-powered two-wheel vehicles, integrating smart, technological and green travel into its company and product philosophy, offering a new choice for urban mobility.
At the same time, RICTOR extensively employs a model of cooperation with overseas retail giants and online platforms, continuously establishing a global distributor system, aspiring to create an international brand, and proliferate RICTOR's spirit and technology worldwide. Presently, RICTOR's products have entered major chain retailers around the world such as FNAC, DARTY, BOULANGER, and have partnered with Teknihall, one of the top three aftersales service providers in Europe. Additionally, RICTOR has established warehousing, logistics, customer service and after-sales service systems in the United States and Europe.
SOURCE RICTOR
LAS VEGAS, Jan. 10, 2024 /PRNewswire/ -- VinFast Auto (Nasdaq: VFS) officially announces the US rollout of the DrgnFly electric bike, at CES 2024. Underpinned by the message "Ride your style," the DrgnFly offers riders a unique and thrilling experience, contributing to catalyzing the future of accessible, electric mobility for everyone.
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The name "DrgnFly" is inspired by the image of the "ascending dragon," which has deep roots in the proud history of Thang Long, Vietnam. The launch just one year after its initial showcase underscores VinFast's unwavering commitment to a sustainable future of green mobility for everyone.
The VinFast Drgnfly launches in the US market with prices expected to start from $2,800 USD, accompanied by a two-year and unlimited mileage warranty. The electric bike is expected to debut in other global markets in the near future.
Designed in collaboration with Eskild Hansen, an innovative Danish studio with multiple Red Dot Design awards, the DrgnFly seamlessly combines a vintage design inspired by the golden era of motorcycles and a commitment to a sustainable future. The DrgnFly design stands out with a V-shaped, elongated frame reminiscent of the image of a flying dragon - "Thang Long," symbolizing VinFast's efforts to venture beyond.
Refined from the design to the experience, the DrgnFly has a wide handlebar, balloon tires and an ergonomic riding position, optimizing the experience for riders to confidently conquer every journey.
Crafted from lightweight yet durable aluminum, the frame ensures both resilience and ease of handling. The exposed battery pack seamlessly integrates into the frame, creating a harmonious blend of classic aesthetics and electric innovation. With a driving range of up to 63 miles (102 km) and a detachable lithium-ion battery, the DrgnFly is an innovative electric mobility option that is also convenient and accessible for everyone.
The DrgnFly features a 750W engine integrated into the rear wheel and a torque sensor for smooth and instantaneous power delivery with a top speed of 28 mph (45 km/h). Underpinning the DrgnFly's performance is an advanced energy management system, boasting a long travel distance, instant power, and multiple riding modes. The torque sensor adapts to movements with remarkable smoothness, detecting force changes 16,000 times per second, far surpassing traditional cadence sensors used in typical e-bikes.
Ms. Tran Mai Hoa, Deputy CEO of Sales and Marketing, VinFast Global, said: "VinFast's DrgnFly is not just an e-bike, it's a lifestyle option for modern users who seek to express their personality. With its unique design and a wide range of smart technologies, the DrgnFly offers a safe yet unique and accessible mobility option for everyone."
Beyond its striking design and advanced features, the DrgnFly is a connected and smart electric bike. With an embedded 4G connection and a feature-rich companion app, riders can enjoy a range of smart features, including riding modes, remote locking/bike locator (GPS), ride statistics records, and remote diagnostics. Notably, over-the-air (OTA) updates will make sure riders have a consistently optimized vehicle that delivers an amazing experience.
The DrgnFly is the next extension in VinFast's comprehensive electric mobility ecosystem, contributing to the company's commitment to making smart electric mobility accessible to everyone, creating a sustainable future for generations to come.
About VinFast
VinFast – a member of Vingroup – envisions driving the advancement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90 percent automation in Hai Phong, Vietnam.
Strongly committed to the mission of a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at: https://vinfastauto.us.
- California-based Horwin America launches the sporty and versatile SENMENTI 0 production model (MSRP: $16,800, now available for pre-order and test rides).- Horwin is also unveiling two concept models: the SENMENTI X concept, a Hyper GT built for luxurious and long-range touring, and the SENMENTI 11 concept, a futuristic city explorer of high-performance, style, and technology. Both models are available for pre-order.- All SENMENTI models are 80% charged in 30 minutes and compatible with most home charging stations. They can also supply power to other products.- Media Interviews Available: CES Booth #5240 – West Hall, Las Vegas Convention CenterLAS VEGAS, Jan. 9, 2024 /PRNewswire/ -- Horwin America Inc. ("Horwin"), a global mobility company revolutionizing the electric motorcycle industry, is proudly making its U.S. brand debut at CES 2024 with the launch of the SENMENTI series, a dynamic new line of EV motorcycles born of the all-American ideals of freedom on the open road without compromising performance, styling, and sustainability.
SENMENTI 0: An exhilarating EV motorcycle powered by AI for the ultimate urban adventure
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Horwin comes to the market with a dream to disrupt, trailblazing with pioneering technologies that propel the mobility industry towards a sustainable future. Horwin aims to engineer the delicate dance between human evolution and technological harmony, nurturing a future where the two coexist. Horwin positions itself as the medium through which the world discovers and explores new frontiers. With the mission to disrupt the status quo, Horwin is pushing and fostering a balance between technology and humanity in a sustainable environment.
- All the three models launched and unveiled at CES are now available for pre-order with a fully refundable $100 deposit.
- A limited special offer will be applied to the first 500 pre-booking customers of SENMENTI 0. These pre-booking customers of SENMENTI 0 will receive three years of free charging nationwide, a lifetime OTA push upgrade, and an amplification of the $100 deposit (pay $100 now and get $900 off from the down payment).
- Customers can also apply now for a demo ride of the SENMENTI 0 in Q3 of 2024.
SENMENTI 0
Senmenti 0 is supremely versatile, offering a sporty ride with impressive range. This high-performance electric "Urban-ADV" – urban adventure vehicle – has been updated with a lighter-weight body for agility and more precise handling.
Seamless Technology- Mobile power sourcing – charging capabilities can power a wide variety of electronic devices and appliances.
- DC Fast Charge –compatible with most home charging stations. DC Fast Charging Time is 0-80% in 30 minutes.
- Intelligent local vehicle-to-vehicle networking technology that collects ongoing data from active Horwin bikes to personalize experience for each individual rider based on behaviors and preferences.
- AI-Powered ARAS (Advanced Riding Assistance System)
- Designed to increase personalization as the system collects data to understand the rider, preventing accidents and enhancing rider protection and confidence.
Sustainability- Electric powertrain is eco-friendly, lower maintenance, and high-performance.
- The modular design and advanced integrated thermal management, featuring a multi-faceted electrical control and temperature regulation, speak to Horwin's commitment to sustainable and high-performance mobility solutions.
Power and Charge| Battery | 16.9 kWh |
| DC Fast Charge | 0 – 80% in 30 minutes. |
RangePerformance| 0 – 60 | 2.8 seconds |
| Top Speed | 125 mph |
| Maximum Torque | 894 Nm) |
| Horsepower | 100 hp/74kW |
Chassis| Rear Shocks | KYB spring shock dampener |
| Brakes, Caliper Type | J. Juan dual piston front, single piston rear |
Dimensions| Length | 84.4 inches |
| Seat Height | 31.2 inches |
| Ground Clearance | 5.7 inches |
| Wheelbase | 59.1 inches |
| Tires, Front Specification | 120-80/16 MC 50P |
| Tires, Rear Specification | 160-80/14 MC |
| Weight | 507 lbs. |
SENMENTI X The SENMENTI X Hyper GT is the ultimate performance touring motorcycle. With a WLTP-estimated range of at least 250 miles on one full charge, DC power outlet, adaptable riding position, and adjustable equipment, SENMENTI X blends rideability, comfort, and luxurious performance, with a top speed of 125 mph.
SENMENTI 11
The newest addition to the SENMENTI lineup is Horwin's sleek, futuristic concept of a high-performance motorcycle. Sharply styled with sleek panels, oversized wheels, and an aggressive stance, SENMENTI 11 is for thrill-seekers and adventurers.
"We're thrilled to introduce Horwin and tell our story to new audiences. The U.S. is obviously a critical sales market for any EV company. As vehicle manufacturers transition to an all-electric future, Horwin is already ahead of the curve, thanks to years of developing advanced 5G-enabled manufacturing processes enriched with artificial intelligence to pioneer a more sustainable future," said Wendsor Zhou Wei, CEO and founder of Horwin.
"We look forward to showing riders, from performance enthusiasts to first-timers, all the advantages of riding an electric motorcycle. We want people to think of Horwin like your smartphone – you can't leave home without it," said Wei.
About Horwin
Horwin is an international mobility company that has revolutionized the electric motorcycle industry with its advanced technology and artificial intelligence since 2016. Headquartered in Changzhou, China, and with an R&D center in Hangzhou, Horwin operated mainly in Europe over the past 7 years and finished the validation of its MVP (Minimum Viable Product) in countries including Germany, Spain, Italy, France and Austria, and more. The company's innovative product line, the SENMENTI series, which includes models SENMENTI 0, SENMENTI X, and SENMENTI 11, reflects its mission to construct a new mobility experience that combines ease of operation with powerful performance. For more information, visit https://www.horwin.com/#/index (https://c212.net/c/link/?t=0&l=en&o=4059399-1&h=236065273&u=https%3A%2F%2Fwww.horwin.com%2F%23%2Findex&a=https%3A%2F%2Fwww.horwin.com%2F%23%2Findex).
SOURCE Horwin America Inc.
3 kW is 4 horsepower. I don't think this thing could go up a hill with my 250 pounds on it.
SINGAPORE, March 14, 2024 /PRNewswire/ -- The future of urban commuting just got a whole lot brighter with the G2 Quantum electric motorcycle which launched in Singapore in October 2023. Engineered for efficiency, sustainability, and style, this cutting-edge two-wheeler is poised to transform the way Singaporeans navigate the city streets.
Designed by Quantum Mobility, a pioneering force in the electric vehicle industry, the G2 Quantum electric motorcycle represents a significant leap forward in green transportation technology. Built on a proven motorcycle platform, coupled with a powerful 3kW motor and a maximum output of 5kW, this sleek machine delivers both exhilarating performance.
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Thet features of the G2 Quantum consists of riding modes, reverse assist and cruise control and many more. Its parts are also meticulously curated and tailored specifically to meet the unique demands of the Singaporean market. From its durable chassis to its advanced battery system, every component has been carefully selected and optimized for maximum efficiency and reliability.
"At Quantum Mobility, we're committed to revolutionizing the way people move through their cities," says Director of Business Development, Mr. Teo JC. "With the G2 Quantum electric motorcycle, we're providing Singaporeans with a sustainable, cost-effective alternative to traditional gasoline-powered vehicles."
In addition to its impressive performance capabilities, the G2 Quantum also offers a range of features designed to enhance the rider experience. From its intuitive controls to its ergonomic design, every aspect of this electric motorcycle has been engineered with the comfort and convenience of the rider in mind.
But perhaps most importantly, Quantum Mobility is not just selling a product - they're building a community. Through comprehensive training, education, and test ride programs, the company is empowering early adopters to embrace the electric revolution and become ambassadors for change in their communities.
"We believe that education is key to accelerating the adoption of electric vehicles," says Mr. Teo JC. "That's why we're committed to providing our customers with the knowledge and resources they need to make the switch to sustainable transportation."
With the launch of the G2 Quantum electric motorcycle, Quantum Mobility is setting a new standard for urban commuting in Singapore and beyond. By combining cutting-edge technology with a commitment to sustainability and community engagement, they're proving that the future of transportation is electric - and it's brighter than ever before.
Quantum Mobility is a start-up in Singapore and is focused on accelerating the adoption of electric motorcycles. The start-up is rolling out rental and leasing programmes this quarter. Enquiries and partnerships, please contact hello@quantum-ev.co
BANGALORE, India, April 16, 2024 /PRNewswire/ -- Electric Dirt Bike Market is Segmented by Type (Electric Motorcycle, Electric Bike), by Application (E-Commerce, Retail Store).
Electric Dirt Bike Market was valued at USD 2.66 Billion in 2023 and is anticipated to reach USD 9.26 Billion by 2030, witnessing a CAGR of 19.75% during the forecast period 2024-2030.
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Europe Electric Dirt Bike Market Size:
Europe Electric Dirt Bike Market is estimated to increase from USD 1.32 Billion in 2023 to reach USD 4.32 Billion by 2030, at a CAGR of 17.81% during the forecast period of 2024 through 2030.
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Major Factors Driving the Growth of Electric Dirt Bike
Because of a confluence of elements that are in line with contemporary consumer desires, the culture surrounding electric dirt bikes is expanding quickly. Recreational activities that are sustainable are becoming more and more popular as people become more environmentally conscious. Riders that are concerned about the environment will find that electric dirt motorcycles are a more silent than their gasoline-powered rivals.
Furthermore, improvements in technology have improved the efficiency and dependability of electric versions, increasing their appeal and accessibility to a wider range of users. As off-road fans look for environmentally responsible solutions that complement their values of adventure and sustainability, the growing popularity of outdoor activities and off-road leisure serves as additional fuel for the growth of the electric dirt bike culture.
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TRENDS INFLUENCING THE GROWTH OF ELECTRIC DIRT BIKE MARKET
The market for electric dirt bikes is expanding significantly as a result of increased sustainability awareness and environmental concerns. Eco-friendly transportation options are in greater demand as people grow more aware of their carbon footprint. This eco-friendly appeal draws in customers who care about the environment and helps the industry grow.
Government programs that promote electric cars have given the market for electric dirt bikes a lot of encouragement. To encourage people to buy electric vehicles, including dirt motorcycles, some nations provide incentives including tax credits, subsidies, and rebates.
The demand for Electric Dirt Bikes has increased due to the rising appeal of off-road leisure activities. A rising number of outdoor lovers, thrill-seekers, and adventurers are choosing dirt riding as a recreational activity. Compared to conventional versions, electric dirt motorcycles are quieter. They let riders explore off-road trails and terrain without upsetting wildlife or harming the environment. The market for electric dirt bikes has grown as a result of the inclination toward outdoor activity.
Compared to their gasoline-powered counterparts, electric dirt motorcycles are significantly less expensive and provide more economic advantages. Long-term cost advantages are offered to customers by electric dirt motorcycles due to their decreased maintenance needs and fuel expenses. Furthermore, compared to internal combustion engines, electric motors have fewer moving parts, which means they require less maintenance and have a longer lifespan.
Consumer preferences and the uptake of electric dirt bikes are being driven by a larger cultural movement towards electric transportation. Customers are becoming more open to the concept of electric-powered off-road vehicles as electric cars gain popularity and social acceptance. The demand for Electric Dirt Bikes as a contemporary and environmentally responsible form of transportation and enjoyment is being driven by the cultural change towards sustainability and technical progress, which is in line with the ideals and ambitions of many customers. The market for electric dirt bikes has been steadily expanding thanks in part to this cultural support and acceptance of electric transportation.
ELECTRIC DIRT BIKE MARKET SHARE ANALYSIS
Due to a number of factors including growing off-road leisure culture, legislative backing, and growing environmental concern, North America retains a sizable portion of the market for electric dirt bikes. Consumers are encouraged to choose electric dirt motorcycles in the US and Canada due to strict pollution restrictions and incentives for electric automobiles. The region's vast network of recreational parks and off-road paths also draws riders looking for quieter, more environmentally friendly alternatives to typical dirt motorcycles.
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Key Companies:
Zero Motorcycles
CAKE
Segway
Kuberg
Tactica
Alta Motors
Bultaco
MotoTec
Stark Future
Surron
Trevor Motorcycles
Talaria Bikes
OSET Bikes(Triumph Motorcycles)
Graft-EV
E-Racer
FLUX Performance
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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!
- The dirt bike market was valued at USD 9.1 Billion in 2021, and is estimated to reach USD 18.0 Billion by 2031, growing at a CAGR of 7.0% from 2022 to 2031.
- Used Bike Market
- Mini Dirt Bikes Market
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- Electric Scooter and Motorcycle market was valued at USD 5682.6 Million in 2023 and is anticipated to reach USD 8169.5 Million by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.
- The global micromobility market was valued at USD 40.19 Billion in 2020, and is projected to reach USD 195.42 Billion by 2030, registering a CAGR of 17.4% from 2021 to 2030.
- Automotive Interior Leather Market was estimated to be worth USD 5173.4 Million in 2023 and is forecast to a readjusted size of USD 6737.6 Million by 2030 with a CAGR of 3.8% during the forecast period 2024-2030.
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- The global electric vehicle market was valued at USD 163.01 Billion in 2020 and is projected to reach USD 823.75 Billion by 2030, registering a CAGR of 18.2% from 2021 to 2030.
- Electric Car market size is estimated to be worth USD 154350 Million in 2022 and is forecast to a readjusted size of USD 597340 Million by 2028 with a CAGR of 25.3% during the review period.
- Electric Vehicle Battery market size is estimated to be worth USD 56690 Million in 2022 and is forecast to be a readjusted size of USD 302610 Million by 2028 with a CAGR of 32.2% during the forecast period.
- The global electric vehicle motor market was valued at USD 5.5 Billion in 2021 and is projected to reach USD 34.4 Billion by 2031, growing at a CAGR of 20.3% from 2022 to 2031.
- Electric Vehicle Battery Recycling market size is projected to reach USD 2426.4 Million by 2028, from USD 1176.3 Million in 2021, at a CAGR of 10.8% during 2022-2028.
- The Electric Vehicle Range Extender market was valued at USD 200.2 Million in 2023 and is anticipated to reach USD 590.4 Million by 2030, witnessing a CAGR of 16.2% during the forecast period 2024-2030.
- In 2020, the global Electric Vehicle Battery Pack market size was USD 37360 Million and it is expected to reach USD 230700 Million by the end of 2027, with a Compound Annual Growth Rate (CAGR) of 29.7% during the forecast period 2021-2027
- EV Charging Cables market is estimated to be worth USD 618.4 Million in 2022 and is forecast to a readjusted size of USD 3672.2 Million by 2028 with a CAGR of 34.6% during the review period.
- Electric Car Battery Market
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- Electronic Expansion Valve for Electric Vehicles market was valued at USD 145 Million in 2023 and is anticipated to reach USD 863 Million by 2030, witnessing a CAGR of 29.6% during the forecast period 2024-2030.
- IGBT and SiC Module for EV (Electric Vehicle) market is projected to reach USD 17090 Million in 2029, increasing from USD 4562 Million in 2022, with a CAGR of 21.3% during the period of 2023 to 2029.
- Immersion Cooling Liquid for Electric Vehicle market is projected to reach USD 980 Million in 2029, increasing from USD 326 Million in 2022, with a CAGR of 16.8% during the period of 2023 to 2029.
- Electric Commercial Vehicle Market estimated at USD 110540 Million in the year 2022, is projected to reach a revised size of USD 178560 Million by 2028, growing at a CAGR of 8.3% during the forecast period 2022-2028.
- High Security Registration Plates (HSRP) market size is expected to reach USD 756 Million by 2029, growing at a CAGR of 6.3% from 2023 to 2029.
- Vehicle Upfitting Service market is projected to reach USD 1251 Million in 2029, increasing from USD 726 Million in 2022, with a CAGR of 8.1% during the period of 2023 to 2029.
- Truck Camper market was valued at USD 48680 Million in 2023 and is anticipated to reach USD 81880 Million by 2030, witnessing a CAGR of 7.2% during the forecast period 2024-2030.
- Wheel Chocks Market
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