The Piaggio Group announced it has secured a €60 million (US$77.6 million) financing deal with the European Investment Bank to fund the development of new products. The seven-year loan will fund research and development projects at Piaggio’s Italian facilities. The loan is in addition to investments Piaggio already budgeted for the period from 2013 to […]
Brammo’s Enertia Electric Bike Off to Washington D.C. [video]
42 miles at a time
Its no accident that two riders representing Brammo started their PR road trip earlier this week from Ann Arbor, MI to Washington, DC. It also the happens to be about the same route CEO’s took from the big three, but instead of asking for a handout they are only looking to promote electric transportation as a solution to the transportation “crisis”.
The trip is about 520 miles and will take them about a week and a half (Google maps claims the trip should take 8 hours), hopefully because they are sight seeing or visiting family and friends along the way, unfortunately its more likely it will take this long due to the limited range of the batteries in the Enertia bike.
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The electric bike can go up to 60 mph and has a range of 42 miles but takes about 4 hours to charge on a standard 110 V outlet, they claim the trip will only cost $4 in electricity. Another big negative on the Enertia is the price tag, $11,995, the bikes are available at Best Buy.
If your interested in following the trip click here.