Australian EV startup Savic Motorcycles receives $1.83 million grant ahead of late-2022 customer deliveries
Australian electric motorcycle company Savic Motorcycles completes $1.83 million in grant funding
Three models of the Savic C-Series bike are available, priced at $12,990, $16,990 and $23,990 (AUD)
The entry level Omega variant offers a 25 kW/110Nm motor, with a 120km urban range and a 0-100km/h time of 5.5 seconds
Customer deliveries are scheduled to commence late-2022
E-mobility has the potential to reignite the Australian automotive manufacturing sector. We’ve already seen companies like Nexport-BYD-Gemilang and Custom Denning successfully produce electric buses on our shores, while SEA Electric and Janus Electric are decarbonising our transport sector.
Two-wheeled vehicles have always been key to reducing congestion and emissions at local and global levels - they are much more space efficient, have a smaller environmental footprint during the manufacturing process, and output fewer harmful emissions than large vehicles. So why aren’t electric motorbike sales soaring in urban areas?
Zero Motorcycles has failed to live up to expectations in Australia, with the brand pulling the pin on our market in 2017. While the bikes were great, they were expensive, and after-sales support was variable. Harley Davidson sells its brilliant Livewire down under, but there’s a limited market for a $50,000 AUD motorcycle.
Enter Savic Motorcycles. The name may be new, but the brand and the bike comes from an experienced team led by former Ford Australia engineer Dennis Savic, and we think it looks the goods. The Savic C-Series offers all the design cues we love in a “cafe racer” bike, from the Clubman handlebars, to the rear-cowl, and even the BMW-esque “motor” block. Somehow, Savic Motorcycles has captured the essence of a traditional cafe racer, modernised it with an electric drivetrain, and manged to not make it look too naked.
The C-Series will be offered in three variants, named Alpha, Delta and Omega, costing $23,990, $16,990 and $12,990 respectively. The Alpha offers the full monty in terms of range, battery and performance, offering 60 kW of power, 180NM of torque, a 200km urban range and a 0-100km/h time of 3.5 seconds. The entry-level Omega is still good for a 120km urban range with a 0-100km/h time of 5.5 seconds.
Savic Motorcycles receives grant funding of $1.83 million
This week, Savic motorcycles received $657,000 AUD in co-investment funding from the Australian Government’s Advanced Manufacturing Growth Centre. The grant is the second part of a $1.83 million capital raise by the company, and will assist the manufacturer in bringing the first customer bikes to market by the end of 2022.
