After overlaying the revealing of Damon Bikes’ first electrical fashions in 2019, I’ve seen the corporate promise repeatedly that its bikes are nonetheless coming. Now that we’re coming into the sixth yr of protection, Damon says it’s critical this time. And the corporate is now exhibiting off a brand new partnership that would assist it cruise nearer to manufacturing.
The most recent replace on Damon’s winding street that presumably results in manufacturing is the announcement of a brand new battery associate. Damon has simply shared the information at CES, detailing how E-One Moli Vitality Corp’s tech will see Molicell batteries land in its HyperSport electrical bikes.
As the corporate shared, the partnership is predicted to assist Damon’s bikes “ship extra vary, larger energy, and shorter cost occasions than business opponents.”
“Molicel’s revolutionary and superior battery know-how will additional place Damon at the vanguard of EV tech,” defined Derek Dorresteyn, CTO, Damon Bikes. “Moreover, Molicel’s just lately introduced British Columbia manufacturing plant will shorten provide chains for battery cells and enhance the responsiveness of our North American motorbike manufacturing actions.”
To point out off the brand new batteries, Damon pointed to a latest demonstration of its Molicel-equipped HyperSport motorbike stacked up in opposition to a “state-of-the-art 2023 mannequin 1000cc superbike” held on a non-public, closed-course monitor at Thunderhill Raceway in California.
The electrical sportbike’s 150 kW (201 hp) liquid-cooled motor helped it obtain comparable acceleration in comparison with its 1000cc driving associate, although velocity and acceleration graphs supplied by Damon present smoother curves.
Damon studies 40 patents to its identify overlaying a variety of applied sciences included superior rider aids and a system that it calls embedded Shift™ lively ergonomics.
The bikes will even embrace 4G connectivity in addition to “proprietary AI-enable cloud” that ought to assist the bikes “frequently adapt to a quickly altering world, setting a brand new customary in efficiency, security, and rider expertise.”
The corporate isn’t solely sitting on a pile of patents, but additionally a stack of greater than $70M in funding to date. Damon additionally touts over $85M in deposit-backed reservations, representing not less than 3,400 pre-ordered bikes.
If issues go in accordance with plan, Damon hopes to finish quickly a merger transaction that might see it listed on the NASDAQ inventory alternate beneath the image DMN.
That every one sounds nice, however manufacturing sounds even higher. Right here’s to hoping we’ll get some information on that entrance quickly, too.
