Damon Motors Exceeds $90M Order Backlog; Company Eyes Potential $250M Signed Customers Globally – blog. motorcycle. com

Damon’s popularity is rising. Full-scale production is the next step.

Begin press release:

Damon Motors, the particular premier EV motorbike company, today announced its order book has exceeded a $90M purchase 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 particular first ELECTRONIC VEHICLES 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 plus lead the industry into the greener future.

“You can’t be the future of anything if you’re not better than the particular past, ” says Co-Founder and CEO Jay Giraud. “It was necessary for us in order to target performance metrics as good or much 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 really as good as what they already have—people want to trade up. ”

With over 160 million motorbikes produced annually, the industry is responsible for being the 2 nd   worst emitter associated with greenhouse gas emissions. Yet this staggering figure is overshadowed: motor bikes 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 with regard to 212 deaths per 1 billion traveler miles, compared with cars at just seven. The majority of these incidents occur within intersections caused by car drivers, but are also attributed to a lack associated with evasive action by motorbike riders. It was these facts combined with his passion for motorcycling that led Mr. Giraud and Co-Founder Dom Kwong to found the organization.

“We have to get to one-million units yearly to put the dent in the business 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 along with over-the-air updates. We can cause the accident rates in order to perpetually fall over the coming decade. This particular is our 2030 goal. ”

Along with over 3500 waiting customers, the company is furiously preparing its pilot manufacturing facility within San Rafael, Calif. regarding its California customers, where over 25 percent of Damon’s orders currently reside. To prepare to scale manufacturing, Damon has furthermore leased a 108, 000 sq ft facility inside Vancouver, Canada, being readied for world production


Damon’s award-winning electric superbikes, including HyperSport plus 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 the 7” LCD display that will streams a rearview from the rear-facing camera; Shift™, which transforms the particular 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 the sibling models. By using the frame of the battery as the motorcycle’s chassis, HyperDrive has also accomplished unprecedented weight advantages, which usually allows this to yield breakthrough levels of energy density, leading in order to its two hundred miles of combined city/hwy range capability. At 201 Wh/kg, this represents almost double the particular energy denseness per pound of weight than its competitors Zero and Livewire (NYSE: LVWR). In short: more kilometers per dollar.

Coupled with Damon’s proprietary 150 kW 6-phase liquid cooled IPM motor-gearbox, Damon’s HyperSport and HyperFighter deliver earth shattering numbers: Over 200 hp plus 230 nm of torque, able of spinning up to 18, 500 rpm. At 754 W / Kg, the motor delivers more than double the power per pound of excess weight than a Tesla motor, and more than triple the competitors Zero and Livewire (NYSE: LVWR).

About Damon Motors

Damon Motors is a global technologies leader disrupting urban mobility. With offices in San Rafael, Ca and headquarters and manufacturing in Vancouver, Canada, Damon is on a mission in order to cause the paradigm shift for safer, smarter motorcycling. The company is delivering on its promise along with award-winning innovation and unprecedented technologies. Anchored by the proprietary electric powered powertrain, HyperDrive™, Damon has captivated the motorcycling globe by providing earth-scorching speed, ferocious design, and epic new functions, including CoPilot™ and Shift™, that are attracting an entirely new generation associated with riders. With rapid market adoption from eager buyers in the particular US plus abroad, Damon is setting a new standard intended for motorcycle security and sustainability worldwide.

For more information on how Damon technology is defining the new market standard, please visit  damon. possuindo .

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