CuMoCo: "Whoosh into Production"

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CuMoCo: "Whoosh into Production"

http://www.currentmotor.com/current-motors-electric-scooters-whoosh-into-production/

FOR IMMEDIATE RELEASE

MEDIA CONTACT
Shannon Wentworth
Current Motor Company
shannon [at] currentmotor.com

CURRENT MOTOR’S ELECTRIC SCOOTERS WHOOSH INTO PRODUCTION
Michigan start up takes EV from prototype to production in 18 months

Ann Arbor, Mich. (October 27, 2010) — After 18 months of research, development and testing, Current Motor Company (CMC) is proud to announce that its revolutionary electric scooters are ready for sale to the general public.

With a whirr and a whoosh, CMC’s powerful, all-electric scooters roll off the assembly line on their way to customers all over the United States who are eager to take advantage of 2010 federal and state tax rebates. Customers who take delivery before the end of 2010 can save up to 50 percent with these incentives, which vary by state.

“We are thrilled to be moving into production and selling bikes,” Peter Scott, president of Current Motor Company, said. “We’re particularly thrilled to have brought a best-of-class scooter to market with only $400,000 of capital. Our competitors spent 10 to 20 times that much. In one case, it cost $100 million to get to market.”

Created by gearhead, motorcycle-loving engineers, Erik Kauppi and John Harding, CMC breaks the mold for electric vehicles. With a top speed of 70 miles per hour, CMC bikes are more powerful. The obnoxious stats don’t stop there. CMC boasts other best-in-class features, like a top real world range of 55 miles on a single charge, an operating cost of two cents a mile and nearly no maintenance for the life of the vehicle.

To top it all off, CMC is the most affordable electric scooter. CMC customers pay about $136 per mile of range, 32 percent less than Zero and Brammo (each cost $200 per mile of range), 59 percent less than Vectrix ($333 per mile of range) and 73 percent less than Tesla ($500 per mile of range).

“It doesn’t matter what your position is on politics or the environment. The last six U.S. presidents have all called for reducing our dependence on foreign oil,” Harding said. “CMC’s high performance, no emissions, electric scooters do just that. It’s time for Americans to do the right thing.”

Electric scooters are tops in convenience, too. “Imagine never having to stop for gas again,” Scott said. “You can ride the future today.”

Ranging in price from $5,999 to $7,499, CMC’s economy, standard and deluxe scooters are on sale now CurrentMotor.com.

ABOUT CURRENT MOTOR COMPANY
Founded by engineers tired of expensive, wimpy electric vehicles, Current Motor Company fills the unmet need for practical, affordable, zero-emission electric vehicles. Based in Ann Arbor, Mich., Current develops and manufactures affordable all-electric motorcycles and motor scooters that outlast and out perform anything else on the market. Our team combines expertise in business and marketing with ingenious engineering and hands-on electric vehicle experience. Current is a proud semifinalist in 2010 Cleantech Open, the world’s largest cleantech business competition.

For more information, visit www.currentmotor.com and follow @current_motor on Twitter.


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