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Yamaha, one of the best-known names in motorcycles, is finally entering the electric bike fray. The company has announced that it will be selling shares in order to raise $812 million to go towards developing low-cost, all-electric motorcycles and "motor-assisted" bicycles.
So far, electric bikes haven't really taken off -- they're expensive and haven't had that "it' factor -- but not many of the big players have been designing them, until now. With Yamaha's presence in the market, electric motorcycles may make a name for themselves.
Yamaha won't be spending all of that money just on all-electric motorcycles, though it will all go to cleaning up the business. The company's R&D team will also be working on more efficient engines for its bikes and boats.
via Reuters
Image via Yamaha
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written by Tam, April 13, 2010
In the meantime, I'll keep riding my Harley; it may not be perfect, but it gets 45 mpg.
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written by Mark, April 13, 2010
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written by Electric Bikes, April 17, 2010
Their system is the most economical power assisted type of transport available on the market today - achieving an impressive 62.5 miles for a mere 4.5 pence!
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written by Richard Fletcher, April 20, 2010
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written by AndyG, May 11, 2010
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And it was simple to maintain and repair, too.
If the government would leave us all alone, they'd still be available - but nooooooo.