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Electric Savic Motorcycles Pulls in Funding to Enter Production in Australia

Dennis Savic, the founder of Australian electric motorcycle maker Savic, just announced that it’s been able to pull in $1.02 million USD ($1.14 million AUD) worth of funding to get the go-ahead to begin production.
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The majority of the investment is on tap from the Advanced Manufacturing Growth Centre operated by the Australian Federal government. It’s a tax-funded accelerator investment program to help launch and build Australian businesses.

Savic intends to produce three versions of their C-Series of electric motorcycles for delivery in late 2022. The company says the basic entry-level models will have an MSRP of $9,500 USD ($12,990 AUD), and those feature a 33.5hp (25 kW) motor, and that compares favorably with bikes in the 300cc displacement range.

Still to come will be the C-Series Alpha models which feature an 80hp (60kw) motor, which generates 147 lb-ft (200nm) of torque. That output is very like the output of most middleweight motorcycles, such as a Yamaha MT-07.

A slightly less spunky version will be a middle-line option which is said to put out around 53 hp (40kw). Those bikes are said to be likely priced at around $17,500 USD and $12,400 USD.

Designated as a C-series cafe racer, the bikes will be Australia's first locally-made electric two-wheeler, and Savic says they will offer exceptional performance levels for an affordable price.

The Omega, Delta, and Alpha, each with a varying-sized battery and range capability, should cover 120, 150, and 200 km, respectively (74, 93, 124 miles). The company says they should also charge from zero to 80 percent in two to four hours.

Depending on the version, the electric motor fitted allows for 0 to 62 mph acceleration of between 3.5 and 5.5 seconds.

All the machines are expected to be fitted with a 16kw-hour lithium-ion battery, which should offer a range of 155 miles (250 kilometers).

Savic also says they’re collaborating with Bosch to create an anti-lock braking system, which will be unique to its bikes.

Set to begin rolling off the line for Australian markets first, the company says that should they meet a positive reaction from those consumers, the bikes will go on sale to the rest of the world soon after.

Editor's note: This article was not sponsored or supported by a third-party.


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