Damon Motors Claims Almost $100M In Orders For Its Electrical Bikes – Roadracing World Journal

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Damon Motors Approaches $100M in Orders and Expands World Attain to Indonesia with Indika Vitality

Partnership goals to fulfill nation’s net-zero emissions by 2060 objective​​

VANCOUVER, BC – January 12, 2023 – Damon Motors, the premier EV motorcycle firm, right now introduced it has shaped a partnership with PT Indika Vitality Tbk., Indonesia’s main diversified vitality firm.  Indika has additionally made an undisclosed funding in Damon and can function the distributor for Damon’s line of bikes within the Indonesian market.

“My journey with Damon began in Indonesia, so this partnership with Indika Vitality brings me full circle, opening the door to at some point reworking the trade at a worldwide degree,” mentioned Damon Co-Founder and CEO Jay Giraud. “Indonesia has set a objective to succeed in net-zero emissions by 2060. Damon is equally dedicated with Indika Vitality to attain this objective collectively.”

The inspiration to construct Damon got here to Giraud throughout a visit to Jakarta, Indonesia in 2016, a rustic that holds the biggest two-wheeled car penetration on the planet. Giraud believed he may rival current gas-driven motorbike choices that finally provide no security options. In 2017, Damon was born as Giraud teamed up with Co-Founder Dom Kwong to rework two-wheel transportation, with an intention to scale back motorbike accidents on the street by the thousands and thousands.

With Indika, Damon is growing a brand new international motorbike platform particularly for the wants of commuters in geographies dominated by 2-wheel mobility. The brand new motorbike platform shares key know-how with Damon’s different automobiles, making them cleaner, safer and extra environment friendly than all choices.

In keeping with Azis Armand, vice chairman director and group CEO of Indika Vitality, “Indonesia has an incredible alternative to rework the driving expertise for thousands and thousands of individuals depending on two wheels. Our imaginative and prescient for an electrified roadway mirrors Damon’s. Via our subsidiary, PT IIectra Motor Group (IMG), we’re dedicated to growing EV bikes and its supporting ecosystem in Indonesia. We consider this partnership will open extra alternatives for collaboration to speed up our go-to-market technique and meet the nation’s net-zero objective. This additionally aligns with Indika Vitality’s dedication to attain web zero by 2050.”

Damon’s partnership with Indika Vitality comes as the corporate nears a $100M milestone in orders for its famend bikes. Damon unveiled the HyperSport at CES 2020 and the HyperFighter at CES 2022. Each fashions provide unparalleled security, consolation, 5G connectivity, and efficiency with groundbreaking know-how and 0 tailpipe emissions. Proprietary options embrace its CoPilot™ 360º superior warning system, full with a 7” LCD show that streams a rearview from the rear-facing digicam; Shift™, which transforms the driving place between sport and commuter modes whereas in movement; and HyperDrive™, the world’s first monocoque constructed, one hundred pc electrical, multi-variant powertrain platform, which allows Damon to share a typical platform with sibling fashions.

Damon’s state-of-the artwork improvements have obtained quite a few awards together with the CES 2020 and 2022 Innovation Award, the Edison Greatest New Product Award, the Massive Sustainability Award, Quick Firm’s World Altering Thought, the GOOD DESIGN® Award, a Digital Traits High Tech, a Crimson Herring High 100, a North America finalist award for CleanTech, Widespread Science’s Better of What’s New Award, and a Robb Report “Better of the Greatest” award for motorbike innovation.

For extra data on Damon Motors, go to www.damon.com and comply with them on Instagram @damonmotorcycles and on Twitter @damonmotorcycle.

About Damon Motors

Damon Motors is a worldwide know-how chief disrupting city mobility. With workplaces in San Rafael, California and headquarters and manufacturing in Vancouver, Canada, Damon is on a mission to trigger a paradigm shift for safer, smarter motorcycling. The corporate is delivering on its promise with award-winning innovation and unprecedented applied sciences. Anchored by its proprietary electrical powertrain, HyperDrive™, Damon has captivated the motorcycling world by delivering earth-scorching pace, ferocious design, and epic new options, together with CoPilot™ and Shift™, which can be attracting a completely new era of riders. With speedy market adoption from keen patrons within the US and overseas, Damon is setting a brand new normal for motorbike security and sustainability worldwide. For extra data on how Damon know-how is defining the brand new trade normal, please go to damon.com.

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