Savic, an Australian electric motorcycle brand, locks down funding

Savic, an Australian electric motorcycle brand, locks down funding.

Tags : Savic, an Australian electric motorcycle brand, locks down funding

Savic, an Australian electric motorcycle brand, locks down funding. The company, named after its founder, Dennis Savic, recently announced that it has secured $1.14 million in funding to begin production. 

Australians don't usually produce things on two wheels. Since Holden versus Ford has been a long-running rivalry in Australia, it is more than just interesting to see an electric two-wheeled brand from the land down under. 

The majority of the investment money will come from the Australian Federal Government's Advanced Manufacturing Growth Centre, which is a tax-funded accelerator and investment space for Aussie-grown companies-a criterion that is met by the Savic brand. 

Tags : Savic, an Australian electric motorcycle brand, locks down funding

According to reports, the most entry-level of the C-Series of motorcycles will retail for $12,990 AUD, which is just under $9,500 USD at today's exchange rates. The most affordable model in the range is said to deliver 25 kilowatts, or 33.5 horsepower, which puts it on par with motorcycles like the BMW G 310 R, or other similar 300cc displacement motorcycles. 


Most powerful of the lot will be the C-Series Alpha models, which feature a 60-kilowatt motor (80 horsepower) and up to 200 Newton-meters of torque - similar to a middleweight motorcycle like the Yamaha MT-07. The middle-of-the-road option would be the 40-kilowatt (53.6 horsepower) variant. According to reports, the bikes will cost $23,990 AUD and $16,990 AUD, or about $17,500 USD and $12,400 USD, respectively. 

Furthermore, the motor will be powered by a 16-kilowatt-hour lithium-ion battery. The bike will have an assumed range of 250 kilometers, or about 155 miles. 

Tags : Savic, an Australian electric motorcycle brand, locks down funding

As part of this collaboration, Savic is also working with Bosch to develop an anti-lock braking system that will be unique to the brand's models. 

The brand will launch in Australia first, and then expand to the rest of the world if it receives a positive response. The style of these Savic bikes is hard to ignore, as well as the fact that you can ride emissions-free and guilt-free.

Savic, an Australian electric motorcycle brand, locks down funding.

Tags : Savic, an Australian electric motorcycle brand, locks down funding

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