The US Federal Government has set a goal to make half of all new vehicles sold in the U.S. in 2030 zero-emissions vehicles, and to build a convenient and equitable network of 500,000 chargers to help make EVs accessible to all Americans for both local and long-distance trips.
556,000 new motorcycles were sold in USA in 2022 If US gov achieves 50% to be EV by 2030, there will be 278,000 units of new electric motorcycle sales in 2030.
Lightning strategy is to focus on US market first and then expand to EU or global later. The plan is to grow sales to 41,700 units in US and 14,979 units in EU by 2030.
There are over 600M motorcycles in the world today. Most of them will be electric in the future. The market size is huge and early market leader will have significant benefits.
The US Federal Government has set a goal to make half of all new vehicles sold in the U.S. in 2030 zero-emissions vehicles, and to build a convenient and equitable network of 500,000 chargers to help make EVs accessible to all Americans for both local and long-distance trips.
556,000 new motorcycles were sold in USA in 2022 If US gov achieves 50% to be EV by 2030, there will be 278,000 units of new electric motorcycle sales in 2030.
Lightning strategy is to focus on US market first and then expand to EU or global later. The plan is to grow sales to 41,700 units in US and 14,979 units in EU by 2030.
There are over 600M motorcycles in the world today. Most of them will be electric in the future. The market size is huge and early market leader will have significant benefits.
According to Webbikworld*, 50–70% of powersport purchases were made by newbies to the Powersports Industry. That’s a massive influx of demand, and one that comes with a different set of demographics compared to the traditional buyer pre-COVID.
“Many consumers were looking for other opportunities during the lockdown to be able to just live life. Powersports, RV, and recreation in general provided that outlet for folks,” Altieri says.
“We have a lot of brand-new entrants who are getting into Powersports and recreation. That really speaks well for our industry.”
Lightning’s innovative EV technologies solved 4 key challenges:
– Fast Charging: 10 mins charging instead of hours
– More Power: higher torque than any other e-bike
– Light Weight: near 100 lb lighter
– Speed: top speed 218 mph
Above key capabilities create business advantages in:
– Quick Time-to-New-Technology
– Shorter Product Time-to-Market
– Lower Product development cost
Combining innovated technologies and differentiated business capabilities, Lightning can scale quickly to meet diverse segments of motorcycle demands from Superbikes, Adventure Bikes, to 250cc equivalents
– Innovated modular technology architecture for electric motorcycle
– Deep knowledge in various battery technologies and pack design
– 30+ years experience in building successful business
– 2018 received “Charged for Innovation” award from OBIC Battery Innovation Center
– 2019 Inductee to International Green Industry Hall of Fame
– Lifelong motorcycle rider and car racer with a passion for technology.
– 20 years experience in implementing complex technical projects in Fortune 500 Companies
– Founder of a supply chain software company
-Dual Masters degrees in Computer Science and Business
– Internationally known EE switching power expert
– Commercialized aerospace switching power technology
– 17 years as Sr Manager at Apple building iCloud system and services
– Co-Authored 7 Patent application (pending) in the ML space for Operational Excellence
– Experienced motorcycle rider.
-35 years experience in Automotive and other industries
Former Sales manager of Remy Motor for hybrid/advanced electric motor
-Founder and CEO of JSI logistics. Grow JSI from start-up to international business.
-Investor of several high-tech companies.
-Vintage car racer.
– Software Architect. Developing software full time since he was a teenager. he has worked at many of the major companies including Apple, Microsoft and Netflix.
– Managing Director and founder of Pacific Edge Capital
– Member of the United States Chamber of Commerce Foundation Board.
– Life-time Motorcycle rider and car racer
– 10+ years of growth consulting for Automotive and Clean Energy
– Deep knowledge in electric 2-wheel market
– Innovated modular technology architecture for electric motorcycle
– Deep knowledge in various battery technologies and pack design
– 30+ years experience in building successful business
– 2018 received “Charged for Innovation” award from OBIC Battery Innovation Center
– 2019 Inductee to International Green Industry Hall of Fame
– Lifelong motorcycle rider and car racer with a passion for technology.
– 20 years experience in implementing complex technical projects in Fortune 500 Companies
– Founder of a supply chain software company
– Dual Masters degrees in Computer Science and MBA
– Internationally known EE switching power expert
– Commercialized aerospace switching power technology
– 17 years as Sr Manager at Apple building iCloud system and services
– Co-Authored 7 Patent application (pending) in the ML space for Operational Excellence
– Experienced motorcycle rider.
-35 years experience in Automotive and other industries
Former Sales manager of Remy Motor for hybrid/advanced electric motors
Motorcycle enthusiast and rider.
– Host of the MythBusters and innovator.
– Founder and CEO of JSI logistics. Grow JSI from start-up to international business.
– Investor of several high-tech companies.
– Vintage car racer.
– Software Architect. Developing software full time since he was a teenager. he has worked at many of the major companies including Apple, Microsoft and Netflix.
– Managing Director and founder of Pacific Edge Capital
– Member of the United States Chamber of Commerce Foundation Board.
– Life-time Motorcycle rider and car racer
– 10+ years of growth consulting for Automotive and Clean Energy
– Deep knowledge in electric 2-wheel market
