Invest in a new, fully-developed Electric Vehicle with pre-orders from fleet purchasers
The Company is the market leading Electric Vehicle (EV) manufacturer of 2-wheel motorcycles and key powertrain components such as Lithium-Ion battery packs. It designs and engineers street legal motorcycles, dirt track motorcycles, and law enforcement fleet motorcycles. The Company is the first to develop an affordable EV capable of traveling over 100mph with a range of 100 miles that sells for less than $20,000. The Company’s EVs operated on proprietary battery packs that carry high power density (205Wh/L) and weight density (140 Wh/kg) batteries. The Company has also developed a proprietary electric motor specifically designed for 2-wheel performance along with the world’s first water-cooled system that is integrated with an electric motor. A proprietary 6-speed gearbox provides a true 2-wheel riding experience unlike any other 2-wheel EV in the world. To further increase vehicle range, re-gen braking is also built into select models.
EVs are emerging as the successor to gasoline-based vehicles. According to Pikes Research, electric 2-wheel vehicles will surpass 138 million annual sales by 2017. Several factors are driving this surge including higher global gasoline prices, global pollution, government incentives, and declining battery costs. In 2012 almost every major automotive OEM has announced entry into the EV market including GM, Ford, Nissan, Toyota, Honda, Mitsubishi, BMW, Mercedes, and Volvo. With the development of advanced battery packs, the Company has developed a new sport motorcycle, which has generated over 1,500 pre-orders waiting for delivery starting summer 2012. Pre-order sales interest spans the globe with heavy interest in North America, Europe, and Asia. Fleet demand also is growing with law enforcement agencies globally. Los Angeles and Hong Kong based police departments have already started to rollout the Company’s motorcycles. Business to business sales of proprietary battery packs is also expected to continue to grow with adoption of electric vehicles. The Company is seeking additional financing of $32 million to bring its product to the global market
Sector: Transport Equipment
Segment: Electric Vehicle
Location: USA
Financing Size: $32m
Contact: Alexander Aginsky
Company : Aginsky Consulting
Telephone: +1 503 546 4049
E-mail: [email protected]