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Electric Vehicles

This Electric Motorcycle Company is Going Public

November 2, 2023
x min read

Everything is going electric. And now, so are motorcycles.

What’s happening:

  • Vancouver based electric motorcycle startup Damon Motorcycles is set to become a publicly listed company on the NASDAQ
  • The approximate valuation of Damon Motorcycles is stated to be between $224M USD and $284M USD

Why it matters:

By the numbers:

  • Damon Motorcycles has publicly stated that they have approximately $85M in pre production orders for their electric motorcycles
  • Their flagship sport bikes have 200 horsepower, 200 miles of range on a full charge and a top speed of 200 miles per hour

The intrigue:

  • Damon Motorcyles has been building artificial intelligence technology that they aim to use to eliminate fatal accidents through an advanced predictive warning system that can help prevent crashes

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