Industry Market Trends
Electric Motorcycles Gaining Power
July 29, 2011
Move over Vespas! The electric motorcycle is gaining strength and power with a new agreement between Ener1 and Lighting Motorcycles for supply and distribution of batteries. Ener1, Inc., a maker of lithium-ion energy storage solutions, will be supplying Lightning Motorcycles with its automotive-grade, lithium-ion battery cells -- designed for plug-in hybrid electric vehicles -- for use in its Lightning SuperBike. Ener1 will also supply cells for Lightning's commuter motorcycle and scooter, which will be developed over the next few years. With an expected growth rate of 9% though 2016 (as per a 2010 report published by Pike Research), the demand for electric two-wheeled vehicles, including e-bikes, e-scooters, and e-motorcycles will increase. Lightening Motorcycles will be trying to meet that demand by introducing a street-legal version of its record-holding Lightning SuperBike, which became the world's fastest production electric motorcycle with the FIM and AMA official world record of 173.388 mph during the world finals in October last year. "We've tested many different battery solutions over the last year, including Ener1 and several of its competitors," stated Richard Hatfield, founder of Lightning Motorcycles. "The Lightning data and test results showed us that Ener1's lithium-ion batteries far out-perform those from competing companies, which is why we've switched to using their cells in our electric motorcycles. Lightning Motorcycles is committed to using what we believe to be the most powerful, safest, best-of-breed batteries on the market, which is why we're also extremely pleased to be representing Ener1 as an official distributor." "Lightning Motorcycles has an impressive pedigree in designing and developing electric motorcycles that win races, including the inaugural American TTXGP championship last year," stated Chris Cowger, president, Ener1, Inc. "It's that kind of experience that will help propel electric motorcycles to be on par with gas-powered motorcycles. We're pleased that Lightning has chosen Ener1's lithium-ion batteries to power their record-holding SuperBike, as well as future e-bike development projects. We also anticipate that Lightning's knowledge and relationships in the industry will help us sell more PHEV and EV cells and energy storage solutions into the growing e-bike market."