After covering the unveiling of Damon Motorcyclesโ first electric models in 2019, Iโve seen the company promise repeatedly that its bikes are still coming. Now that weโre entering the sixth year of coverage, Damon says itโs serious this time. And the company is now showing off a new partnership that could help it cruise closer to manufacturing.
The latest update on Damonโs winding road that presumably leads to production is the announcement of a new battery partner. Damon has just shared the news at CES, detailing how E-One Moli Energy Corpโs tech will see Molicell batteries land in its HyperSport electric motorcycles.
As the company shared, the partnership is expected to help Damonโs bikes โdeliverย more range, higher power, and shorter charge timesย than industry competitors.โ
โMolicelโs innovative and superior battery technology will further position Damon at the leading edge of EV tech,โ explained Derek Dorresteyn, CTO, Damon Motorcycles. โAdditionally,ย Molicelโs recently announced British Columbia manufacturing plant will shorten supply chains for battery cells and improve the responsiveness of our North American motorcycle manufacturing activities.โ
To show off the new batteries, Damon pointed to a recent demonstration of its Molicel-equipped HyperSport motorcycle stacked up against a โstate-of-the-art 2023 model 1000cc superbikeโ held on a private, closed-course track at Thunderhill Raceway in California.
The electric sportbikeโs 150 kW (201 hp) liquid-cooled motor helped it achieve comparable acceleration compared to its 1000cc riding partner, though speed and acceleration graphs provided by Damon show smoother curves.
Damon reports 40 patents to its name covering a wide range of technologies included advanced rider aids and a system that it calls embedded Shiftโข active ergonomics.
The bikes will also include 4G connectivity as well as โproprietary AI-enable cloudโ that should help the bikes โcontinually adapt to a rapidly changing world, setting a new standard in performance, safety, and rider experience.โ
The company isnโt only sitting on a pile of patents, but also a stack of more than $70M in funding so far. Damon also touts over $85M in deposit-backed reservations, representing at least 3,400 pre-ordered motorcycles.
If things go according to plan, Damon hopes to complete soon a merger transaction that would see it listed on the NASDAQ stock exchange under the symbol DMN.
That all sounds great, but production sounds even better. Hereโs to hoping weโll get some news on that front soon, too.
