Production Preparations Underway for 2023 Deliveries
VANCOUVER, BC – Damon Motors, the premier EV motorbike company, announced its order book has exceeded a $90M order backlog to date globally with the potential of exceeding $250M through international partnerships, like the one with Latin America’s Auteco. The makers of the first EV motorcycle capable of outperforming the best gas-powered superbikes, Damon’s products boast never-before-seen technology advancements including HyperDrive™, Co-Pilot™ and Shift™, designed to solve problems experienced across every other motorcycle in the world. Combined with its astonishing 200 hp / 200 mph / 200 miles of range, Damon motorcycles represent the first breed of bikes ready to displace combustion two-wheelers and lead the industry into a greener future.
“You can’t be the future of anything if you’re not better than the past,” says Co-Founder and CEO Jay Giraud. “It was necessary for us to target performance metrics as good or better than anything achieved before, otherwise people aren’t going to go electric in any meaningful numbers. This is the fundamental Achilles’ heel in the two-wheel EV industry so far. Nobody will trade in for an electric motorbike if it’s not as good as what they already have—people want to trade up.”
With over 160 million motorcycles produced annually, the industry is responsible for being the 2nd worst emitter of greenhouse gas emissions. Yet this staggering figure is overshadowed: motorcycles on average produce 16 times more hydrocarbons than passenger cars, which are outnumbered by motorcycle usage daily. To compound matters, a report from Ian Savage at Northwestern University finds today’s motorcycle accidents account for 212 deaths per one billion passenger miles, compared with cars at just seven. The majority of these accidents occur in intersections caused by car drivers, but are also attributed to a lack of evasive action by motorcycle riders. It was these facts combined with his passion for motorcycling that led Mr. Giraud and Co-Founder Dom Kwong to found the company.
“We have to get to one-million units annually to put a dent in the industry and change it forever,” adds Giraud. “By coupling high-volume production with our 5G connected, sensor-enabled, self-learning compute system, we can make it so that every mile ridden on a Damon motorcycle makes all other Damon motorcycles smarter and safer with over-the-air updates. We can cause the accident rates to perpetually fall over the coming decade. This is our 2030 goal.”
With over 3500 waiting customers, the company is furiously preparing its pilot production facility in San Rafael, Calif. for its California customers, where over 25 percent of Damon Motors’ orders currently reside. To prepare to scale manufacturing, Damon has also leased a 108,000 sq. ft facility in Vancouver, Canada, being readied for world production.
DAMON: TRANSFORMING ELECTRIC MOTORCYCLES
Damon Motors’ award-winning electric superbikes, including HyperSport and HyperFighter, offer unparalleled safety, comfort, 5G connectivity and performance with groundbreaking technology and zero tailpipe emissions. Proprietary features include its CoPilot™ 360º advanced warning system, complete with a 7” LCD display that streams a rearview from the rear-facing camera; Shift™, which transforms the riding position between sport and commuter modes while in motion; and HyperDrive™, the world’s first monocoque constructed, 100 percent electric, multi-variant powertrain platform, which enables Damon to rapidly introduce new models that share 85 percent of the parts of its sibling models. By using the frame of the battery as the motorcycle’s chassis, HyperDrive has also achieved unprecedented weight advantages, which allows it to yield breakthrough levels of energy density, leading to its 200 miles of combined city/hwy range capability. At 201 Wh/kg, this represents almost double the energy density per pound of weight than its competitors Zero and Livewire (NYSE:LVWR). In short: more miles per dollar.
