Australian electric motorcycle brand Savic locks in funding
Savic, named after its founder, Dennis Savic, has just announced that he was able to secure A $ 1.14 million in funding for the production of green light.
It is not very common to see Australians going out with things on two wheels. Best known for things on four with the importance of the Holden v Ford rivalry that has been going on for ages, it is more than interesting to see an electric two-wheeler brand from the dirt below.
The majority of investment will come from the Australian Federal Government’s Advanced Manufacturing Growth Center, which is a tax-funded acceleration and investment pool for Australian businesses, a criterion well met by the Savic brand.
The Australian brand would present three versions of its C-series of motorcycles by the end of 2022, and reports say most entry-level models will cost AUD 12,990, or just a five under $ 9,500 in rates. exchange rate today. . The most affordable model in the supposed lineup will have an output of 25 kilowatts, or 33.5 in good ol ‘horsepower, which puts it on par with the BMW G 310 R or other similar displaced 300cc motorcycles.
What will be the most powerful of the bunch, however, will be the Alpha C-Series models, which will feature a 60 kilowatt (80 horsepower) motor with up to 200 Newton-meters (147 pound-feet) of couple, which is similar. out to a mid-weight motorcycle like the Yamaha MT-07. If that’s a bit too much for you, then an intermediate option would be the 40 kilowatt (53.6 horsepower) variant. The brand reportedly priced these bikes at AUD $ 23,990 and AUD $ 16,990, respectively, or around US $ 17,500 and US $ 12,400.
In addition, the brand also installs a 16 kilowatt-hour lithium-ion battery to power the engine. These cells will give the bike a supposed range of around 250 kilometers, or about 155 miles.
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 start to roll out in Australia first and then to the rest of the world with hopefully a good reception. It’s hard not to ignore the style these Savic bikes will bring, as well as the fact that you could tear it up emission-free and guilt-free.