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 […]
Electric Superbike Unveiled at SEMA [video]
130mph ‘laptop on wheels’
Though it’s generally recognized as a car tuner’s paradise, this year’s SEMA (Specialty Equipment Market Association) show in Las Vegas is not without two-wheel appeal.
The world’s first production electric superbike, the Mavizen TTX02, was unveiled on Tuesday. The bike has been nicknamed a ‘laptop on wheels’ and is being produced by TTXGP (Time Trial Xtreme Grand Prix) founder Azhar Hussain.
“We are living in a click culture and connectivity is the key, across the board,” says Hussain. “Our approach was to find how we could make a laptop go racing. We think electric vehicles have more in common with consumer electronics than traditional automotive.”
What should make IT people everywhere wet their pants, the TTX02 is the first factory production vehicle to be delivered with a dedicated IP access and connectivity to the network. Each bike can be connected from any browser through an on-board web server and WiFi.
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“By building on the open standards of the internet and the PC, we unlock the creativity and lower the costs of innovation for teams, enthusiasts and riders,” says Hussain. “
Azhar Hussain founded TTXGP, the world’s first zero carbon, zero emission motorcycle race which took place at the Isle of Man TT in June this year. The TTX02 is inspired by the winning bike, the Agni X01.
“The limited production bike, the Mavizen TTX02, gives potential participants a chance to acquire a bike that they can develop themselves to make it competitive and unique to them,” says Hussain.
The Mavizen TTX02 uses the rolling chassis of an FIM homologated and road legal bike – the KTM RC8. The bike will be available for delivery in Q1/2010 with a limited production of 50 units. For more information visit Mavizen.com.