Development of Singapore’s first electric motorcycle has been given a $2 million injection, with more money to follow.
Once “certain milestones” are reached, manufacturer EuroSports Technologies (EST) has been promised another $3 million by parent firm EuroSports Global.
EST is looking to develop the Republic’s first electric motorcycle, codenamed EST-X.
The EST-X will be developed in Singapore, and is touted to be an intelligent and affordable package.
EST plans to debut the electric EST-X motorcycle in South-east Asia, with an international launch after.
EST’s chief operating officer Joel Chang said through its new electric bike, the firm aims to deliver “dramatically better mobility” for end users and reduce air pollution.
Electric motorcycles are cleaner, easier to maintain with fewer moving parts, and cheaper to run than gas-powered bikes, Mr Chang said.
Electric bikes are gradually gaining traction in the mainstream.
In November, Harley-Davidson launched the LiveWire, an electric motorcycle slated to go on sale in 2019.
Important details like range and speed haven’t been revealed, but it should do better than the prototype’s sub-4-second century sprint, and range of about 88.5 kilometres in “economy” mode.