Brammo, Zero, Hoping To Take E-cycles To The Next Level

Two electric
motorcycle companies are each in the process of raising funds to
continue development on bike designs.
Brammo, the larger of the two companies, has announced that it
hopes to raise $30 million dollars through the selling of private
stock. According to an SEC filing by the company, $12.45 million of
that stock has already been snapped up by investors, leaving a
little over $17 million to go. Brammo has made waves lately with
the debut of its Empulse bike, which has a range of 100 miles and
can hit 100mph. It's also announced a partnership with global
manufacturer Flextronics, which will assemble some of the
motorcycle parts necessary for Brammo's upcoming vehicles.
Zero, meanwhile is looking for a little less in private fundings to
get plans for a new electric powertrain off the ground. The company
currently makes two dirt bikes, the Zero X and Zero MX, as well as
the Zero DS and S dual sport and street bikes. It hopes to raise $2
million from investors to continue development on a new design.
Fans of electric motorcycles should keep their eyes on these
developments, as the health of these two companies could be
indicative of the reception to e-cycles as a whole.