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Vectric Shareholder Report Shows Promise For Electric Super Bikes

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snipshot_e4bq8m3brd1.jpgThe Vectrix shareholder report for April 2007 just dropped into my lap. Besides some beautiful eye candy, the document lays out some important milestones reached by the company; as well as future developments underway for the vehicle line. Here are some of the highlights:

>>Financially, Vectrix has firmed things up by appointing HSBC to undertake a strategic review which could lead to a flotation. Such a move could would see the company valued at up to £200m. Yee Haw. Additionally, the big V might put itself up for sale to attract a larger company or interested private party. We’ll keep our ears open on this one.

>>Besides its launch in the EU late last Fall, Vectrix now poised to push the new all-electric bikes in the UK (indeed, they launched yesterday) and in the U.S. by the end of June. Over 2,100 customer reservations in the U.S. alone are waiting to be fulfilled. The first 700 scooters allocated for the American market will see a roll out in major U.S. cities so as to increase visibility of the product. Look for the bikes in Seattle, Austin, Portland, San Francisco, Newport, and other locales. By the end of 2007, there will be up to 50
official Vectrix dealers in 8 countries (Italy, Spain, England, Portugal, Switzerland, Greece, Australia, and USA). Plans are already underway to expand distribution to Japan, France, Germany, and Israel.

>> Talk about green. The Vectrix All-Electric scooter has been given a has a Cleaner Drive Rating of 3, compared with a rating of 32 for a 4-stroke 250 c.c. motorcycle, 58 for a large family car, and 71 for an SUV. The European Union the developed the Cleaner Drive Rating to study overall carbon impact and tailpipe emissions for different types of vehicles.

>> In the quest to create a closed-circuit system of sustainability and clean energy, Vectrix has entered into a partnership with Parker Hannifin to develop a patented docking station that will secure and charge the Vectrix scooter. Imagine a number of these setup along highways or outside of hotels for quick, clean charging. Granted, the practicality of having these in the U.S. would be limited (scooters are not as popular here as elsewhere around the world) — but coupled with other electric vehicles in the future, this might become a reality for some. Very cool idea. I wonder what the charge time on something like that would be to 80%….

>> Vectrix is also continuing their work with Parker Hannifan on the development of fuel-cell scooter. This would provide extended range and flexibility of charge (plug-on or fuel cell). A three-wheeled version of the Maxi Scooter; as well as Premium version and “Sport Motorcycle” concept are also in the works.

>> Between 2002-2006, Australia, Spain, Canada, and France exhibited the strongest growth in scooter sales. Food for thought. The powered two-wheeler market in Italy was valued at more than $2.9 billion in 2006.

We’ll continue to keep you updated on any more developments. Are you on the list for a Vectrix Maxi-Scooter?

3 Comments

  1. Tesla Motors Take Aim At Hotel Chains For Commercial Charging Stations | GroovyGreen.com - Start Today :: Save Tomorrow said,

    May 30, 2007 at 2:40 pm

    [...] The electric car renaissance is barely spreading ink on the canvas and already plans are in motion to have a viable charging infrastructure in place. Earlier this week, Tesla Motors — the crew behind the highly anticipated 2008 Tesla Roadster — received a grant from the California Air Resources Board (CARB) to develop a 16KW station that could be installed at hotel chains across the state. While the stations would be commercially based, we have no idea if they might also be autonomous through solar power; much like the stations Vectrix is planning on introducing in Europe. [...]

  2. Delson Correa said,

    March 27, 2008 at 12:25 pm

    I went on the webb site to find out a dealer near me, i did find it but no address, my zip code is 33707. I tried calling the 877# and had no success, sales kept hanging up on me.Let us start on the right foot.
    Thank you for your time.

  3. Have you ever seen an NEV (Neighborhood Electric Vehicle) « The Decline of American Civilization said,

    May 6, 2008 at 8:31 am

    [...]  Vectrix has entered into a partnership with Parker Hannifin to develop a patented docking station that will secure and charge the Vectrix scooter. Imagine a number of these setup along highways or outside of hotels for quick, clean charging. Granted, the practicality of having these in the U.S. would be limited (scooters are not as popular here as elsewhere around the world) — but coupled with other electric vehicles in the future, this might become a reality for some. (SOURCE) [...]

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