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Apr 14

At Largest Market: Two-wheeler sales crash to 10-year-low in FY22

By General Posts

Two-wheeler sales crash to 10-year-low in FY22; motorcycles fall below 9 mn
India is the largest manufacturer of two-wheelers and also the largest market for it. (China being second)

One of the primary reasons for this downfall is the spiraling cost of fuel prices.
by John from https://www.newswwc.com/

New Delhi: Rural distress impacted the Indian two-wheeler segment, one of the largest in the world, in a big way that their sales in 2021-22 fell sharply, for the first time in ten years, to 13,466,000 units, as per the latest data from the Society of Indian Automobile Manufacturers (SIAM). It was in 2011-2012 that the two-wheeler sales were close to this number at 13,409,00.

( India’s Financial Year is calculated as from 01-April-2021 to 31-March-2022 )

Throughout the year, demand for motorcycles and scooters was impacted by rural distress and higher ownership cost amidst soaring fuel prices. Sales of two-wheelers, particularly motorcycles failed to gather momentum even during the festive months, leaving the companies burdened with a pile of unsold stocks. As a result, the overall sales of motorcycles fell below the 9-lakh mark for the first time since 2016-2017, SIAM report said.

One of the primary reasons for this downfall is the spiraling cost of fuel prices. Barring two months, petrol prices escalated in almost all months of FY22, sometimes even thrice a month that severely impacted the demand of entry-level motorcycles which is the primary choice of the budget-conscious low-income consumers.

New motorcycle sales are directly correlated with fuel prices, as 62% of the country’s fuel sales are consumed by the two-wheeler segment.

According to market experts, spike in auto fuel prices has triggered the rate of deferment majorly among the consumers of below 125cc two-wheelers that hold about 80% of the total market. Besides, shortage of semiconductors and high container charges have also deterred the production levels of OEMs.

Besides, frequent price hikes by the OEMs to overcome the spike in input cost coupled with moderation in rural demand hugely deterred the buying sentiments of consumers.

Additionally, electric vehicle demand continues to witness pickup in the states with higher government incentives like Maharashtra, Gujarat, Delhi, Karnataka etc., which are also key markets for conventional two-wheelers.

All the segments except the two wheelers are in green. Passenger vehicle sales grew 13.2% to 30,69,499 units in FY 22 compared to 27,11,457 units in FY21. Sales of passenger cars stood at 14,67,056 units, utility vehicles at 14,89,178 units and vans at 1,13,265 units.

As fuel prices skyrocket and concerns grow over the running cost of petrol and diesel vehicles, the electric vehicles market has quietly started to build up. As fiscal 2021-22 came to a close, the green brigade — still small in numbers — seems to be coming of age, also charged by government subsidies.

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Dec 05

Energy Clarity: Our need for cheap, plentiful, reliable energy

By General Posts

By Alex Epstein From Center for Industrial Progress

When making energy choices, there are three major criteria that need to be considered:

1. Is it cheap? Simply put, if you can’t afford energy, then you don’t have energy.

2. Is it plentiful? If energy is scarce, then many people will have little to no energy.

3. Is it reliable? If energy is unreliable, then you won’t have it when you need it.

In other words, energy is only valuable to the extent that it is cheap, plentiful, and reliable.
And to make it that way, we have to discover cheap, plentiful, reliable processes for generating energy.

Energy is a process

Energy is a process. Whether it’s coal, oil, gas, solar, wind, we describe them as materials, but they’re really processes. The materials are just one part of the process, but the whole process can include things like mining, refining, manufacturing, transportation, operation, maintenance, and disposal.

And then you have to look at how the whole process adds up. When we see something in the marketplace being cheaper or more expensive that reflects the whole process.

The general reason why certain forms of energy are not adopted is because the process to produce them is too expensive or it’s not reliable.

Let’s look at some examples of this.

Jimmy Fallon’s irrefutable case against “renewables”

For this first example, I’m going to let comedian Jimmy Fallon do the talking.

“New Scientist Magazine reported on Wednesday that in the future, cars can be powered by hazelnuts. That’s encouraging considering an eight ounce jar of hazelnuts costs about nine dollars. Yeah, I got an idea for a car that runs on bald eagle heads and Faberge eggs.”

So you may be thinking, “Isn’t hazelnut energy renewable? Doesn’t it come from the sun? Isn’t the sun free and forever? What’s going on here?” It’s all about the process.

While we don’t have to pay the sun, we do have to pay for the land, the labor, and many other inputs necessary to make hazelnut energy. And with hazelnuts, the process to produce them is very costly. The same turns out to be true for many alternatives.

Oct 12

BANNED : Chainsaws, Golf Carts, Lawn Mowers & More

By General Posts

from https://mrf.org/

Chainsaws, Golf Carts, Lawn Mowers… What’s Next?

Over the weekend, California Governor Gavin Newson signed a bill into law banning the sale of all off-road, gas-powered engines, including generators, lawn equipment, pressure washers, chainsaws, weed trimmers, and even golf carts. Under the new law, these machines must be zero-emissions, meaning they will have to be either battery-powered or plug-in.

This law is particularly concerning because of the status California holds within the national economy. The population and market size that California commands often forces manufacturers to react by changing products nationwide, to conform to California standards. Additionally, states with like-minded legislatures often follow with similar laws and regulations of their own.

The Motorcycle Riders Foundation (MRF) is concerned that this action by California, will begin a cascading effect that will eventually result in the demise of the internal combustion engine and the fuel supply tied to it. During the legislative agenda setting meeting, held at the 2021 Meeting of the Minds, in Atlanta, Georgia this very issue was debated. Working with our state partners, the MRF is currently evaluating how best to address these concerns.

The final 2022 MRF Legislative Agenda will be made public in an upcoming American Biker Journal.

To read more on the bill click here.

About Motorcycle Riders Foundation: The Motorcycle Riders Foundation (MRF) provides leadership at the federal level for states’ motorcyclists’ rights organizations as well as motorcycle clubs and individual riders. Visit the Website https://mrf.org/

Oct 07

Damon Motors New Production Plant for World’s Smartest Electric Motorcycle

By General Posts

by Otilia Drăgan from https://www.autoevolution.com

World’s Smartest Electric Motorcycle to Be Produced at Brand-New Plant in Vancouver

Whether two-wheeled or four-wheeled, electric vehicles are taking over the roads by storm, offering not just a clean energy alternative, but also advanced connectivity and the latest tech. One of them is Hypersport, Damon Motorcycles’ flagship model, set to enter production at the company’s new plant.

The concern for a green, sustainable future extended beyond the vehicles themselves, to the manufacturing process. Several carmakers have already opened or planning to open sustainable production plants, and Damon is doing the same in the motorcycle sector. The Canadian company recently unveiled its latest facility, located in Surrey, British Columbia.

Developed together with Bosa Properties, the new production plant is a state-of-the-art, 110,000 square foot (10,219 square meters) facility that will not only become “ground zero” for the Damon electric motorcycles, but will also premiere a cleaner, advanced manufacturing process.

This new milestone adds to the brand’s success, after recently having surpassed $40 million in orders for the award-winning Hypersport, presented as “the world’s smartest, safest, fully electric motorcycle”. This innovative motorcycle is based on the brand’s proprietary electric powertrain, Hyperdrive, which is the first monocoque-constructed, fully electric, multi-variant powertrain on the market.

With an aerodynamic design and having passed through extensive wind tunnel testing, Hyperdrive claims to deliver better speed, range, and acceleration than any previous powertrain. The battery was designed for top performance, but also to be as light as possible. Hyperdrive is integrated as a structural component of the motorcycle itself, and the battery enclosure acts as the bike’s load-bearing frame.

The high-tech motorcycle also boasts an award-winning 360-degree Advanced Warning System that uses integrated windscreen LEDs, a long-range radar, plus front and rear cameras, to warn the rider of potential danger. Shift is another innovative feature that allows the rider to switch between commuter and sport positions while in motion, with the simple touch of a button.

The Hypersport line includes four models, with pricing ranging from $16,995 to $39,995.

PRESS RELEASE:

Damon Motors today announced it will build a cleantech manufacturing and R&D plant in Surrey B.C. The state-of-the-art, 110,000 square foot facility, being developed in partnership with Bosa Properties, will serve as ground zero for production of Damon’s flagship HyperSport, the world’s smartest, safest, fully electric motorcycle. Details will be revealed at a special kickoff ceremony on October 5, 10 a.m.–12 p.m. at the Surrey City Hall Atrium. Surrey Mayor Doug McCallum and Bruce Ralston, British Columbia Minister of Energy, Mines and Low Carbon Innovation, will be among the dignitaries in attendance.

“As Damon accelerates a clean energy future with our electric vehicles, we’re also introducing a cleaner, industry-leading manufacturing process,” said Jay Giraud, co-founder and CEO, Damon Motors. “We’re excited to produce our highly anticipated HyperSport motorcycles here in Surrey, British Columbia and look forward to this world-class facility delivering the safest and cleanest premium, high-technology motorcycles on the market.”

“We, at Bosa Family Companies, are proud to partner with such an exciting, new company to bring this site to life and drive new green jobs in our region,” added John Martin, Vice President at Bosa Commercial. “This local start-up success story is a source of great pride for British Columbians, and we’re pleased to be part of the strategy to keep Damon Motors thriving here at home.”

The new Damon manufacturing plant is expected to stimulate Surrey’s local economy with several hundred jobs. Projections suggest that by 2025, the plant will create more than 300 high-tech manufacturing jobs and more than 500 high-tech office jobs.

“British Columbia is quickly becoming an EV hotspot and the arrival of the Damon Motors manufacturing facility puts Surrey right in the middle of it,” said Surrey Mayor Doug McCallum. We’re honored Damon has selected Surrey for its production headquarters and are proud to welcome this dynamic and innovative young company to our city.”

“B.C. is home to many innovative clean-tech companies that are helping us grow as a leader in the electric vehicle sector,” said Bruce Ralston, Minister of Energy, Mines and Low Carbon Innovation. “We’re proud to support Damon Motors who will help us meet our Clean BC goals and create new good-paying jobs in the province. The strength of the innovative approach Damon Motors exhibits will propel the company toward being a global leader.”

Damon’s manufacturing plant announcement comes as the company has surpassed $40M in orders for the award-winning HyperSport. The electric superbike offers unparalleled safety, comfort, and performance with groundbreaking technology and zero tailpipe emissions. It features the CoPilot™ advanced warning system, Shift™, which transforms the riding position between sport and commuter modes while in motion, and HyperDrive™, the world’s first monocoque constructed, 100 percent electric, multi-variant powertrain platform.

Vancouver startup Damon Motors to build electric motorcycles in Surrey
Vancouver EV maker Damon Motors will occupy a 110,000 square foot facility being built by Bosa Properties
by David Carrigg from https://vancouversun.com

Vancouver electric safety system and motorcycle maker Damon Motors will move in to a new manufacturing facility in Surrey in 2022.

The company, founded in 2017 by Jay Giraud and Dom Kwong, started by developing safety systems for motorcycles that use sensors and cameras to identify risk in blind spots and for frontal collision.

Over the next two years an electric motorcycle was developed with a powertrain comprising frame, battery pack and electric motor (incorporating the safety technology). This was called the HyperSport.

The company announced in March this year it had received $30 million in startup funding and had orders for $20 million worth of motorcycles, which sell for between $20,000 and $45,000. Recently, the company announced it had $40 million worth of orders and that it was sold out for 2022.

HyperSport motorcycles are currently being built in a Vancouver facility on Powell Street, but as of October 2022 will be made in a 110,000 square-foot facility near the Pattullo Bridge and Scott Road SkyTrain station being developed by Bosa Properties. Bosa will lease the space to Damon Motors.

In a prepared statement, Giraud said the City of Surrey had helped expedite the process.

“Surrey has welcomed us with open arms and we look forward to continue to innovate and further solidify both Damon and Surrey as clean-tech leaders in the electric vehicle industry and beyond,” he said.

“As Damon accelerates a clean energy future with our electric vehicles, we’re also introducing a cleaner, industry-leading manufacturing process. We’re excited to produce our highly anticipated HyperSport motorcycles here in Surrey, British Columbia and look forward to this world-class facility delivering the safest and cleanest premium, high-technology motorcycles on the market.”

By 2025, the facility is expected to employ 800 people.

On Tuesday, B.C. Minister of Energy, Mines and Low Carbon Innovation Bruce Ralston said the government had given $400,000 in innovation funding to the company to use developing the powertrain system — and this would create 11 jobs.