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Vancouver based Damon Motors Inc ., makers of high-performance electric motorcycles , has provided an update on its previously announced proposed business combination with Grafiti Holding Inc . (" Grafiti "), a former subsidiary of XTI Aerospace , Inc . ( formerly Inpixon , " XTI Aerospace "). " The transaction is currently expected to close in the coming months " with the combined company expected to list on the Nasdaq Stock Market under the ticker symbol DMN .
Italian premium brakes manufacturer Brembo reports H1 revenues of € 2,004.8m , up by + 2.8 % (+ 3.3 % on a like-forlike exchange rate basis ). EBITDA was € 351.4m ( 17.5 %), EBIT was € 218.8m ( 10.9 %).
WSJ reports that The Federal Reserve and two other U . S . regulators are moving toward a new plan that would significantly reduce a nearly 20 % mandated increase in capital for the country ' s biggest banks , following lobbying efforts by industry CEOs such as JPMorgan Chase ' s Jamie Dimon . The required increases in capital for banks like JPMorgan and Goldman Sachs are meant to ensure they have sufficient buffers to absorb potential losses . On average , this would cut the proposed level of capital reserves by half . Given that the level of America ' s net debt has more than doubled to 96 % of GDP in 2023 , from 1992 , international financial institutions are viewing this as an astonishingly inappropriate plan - one that could potentially leave U . S . businesses , consumers and the banks themselves horribly exposed to the risks of another 2007 scale financial crisis . The explosion in the level of Private Equity in the US economy in the past decade or more is often quoted as another potential crisis risk trigger .
For Q1 of its FY 2024 / 2025 ( the period from April - June 2024 ), Suzuki reports total global motorcycle production of 520,000 units , up by + 9.5 % (+ 45,000 units ) over the yearago , with global sales totaling 523,000 units (+ 8.9 %). European sales were flat at 13,000 units . North American sales were also flat at 11,000 units . Asian sales were massively up at 433,000 units (+ 36 %), with India by far its largest market ( 247,000 units , + 54 %), followed by China , which was down by -19 % at 104,000 units . Total consolidated revenue from motorcycle activities was up at 104.819bn yen ( 85.9bn yen in Q1 of 2023 ). Revenue from motorcycle activities in Europe was fractionally up (+ 0.4 %) at 15.2bn yen . United States motorcycle activity revenue was essentially flat (+ 0.1 %) at 11.5bn yen .
Can-Am ' Pulse ' and ' Origin ' - Production Slated for Q4
BRP ( Canada ) has released full details of its Can-Am branded ' Pulse ' and ' Origin ' electric motorcycle models , with production to start Q4 . Preorders are now available at select BRP dealerships in France , Germany , Spain , UK , Italy , Belgium , the Netherlands , Norway , Sweden , Finland , Austria , the United States and Canada . Global deliveries will start in early 2025 .
BRP President and CEO José Boisjoli framed the launch as reclaiming its two-wheel heritage : " 50 years ago , Can-Am celebrated many victories with its Track ' n Trail motorcycles , and we are bringing that pedigree back with a focus on modern electric power , connectivity and thrill . " We intend to become a global leader in that space with true innovation
" innovative liquidcooled system "
designed to simplify the riding experience for new riders and introduce electric motorcycles to all ." The company news release states that " the Can-Am ' Pulse ' and ' Origin ' models redefine the ride and awaken the energy in every rider , whether in the city or off the beaten path . Each is driven by an all-new Rotax E-Power
Can-Am ' Pulse ' - features include a 10.25-inch touchscreen display with Apple CarPlay , " allowing riders to navigate with ease and stay connected to each ride with the BRP GO ! App . It also has a unique feature , an Active ReGen system that provides enhanced control and smooth deceleration while giving more power back to the battery ." There are four riding modes - Normal , Sport +, ECO and Rain , and KYB suspension with 140 mm of travel at the forks keep it planted with a sportier feel . There is also an optional ' Pulse 73 ' trim .
power unit - BRP ' s proprietary electric technology - which delivers instant torque on demand , merging pulsating performance with style and sophistication ." BRP claims that " a key feature of the Can-Am motorcycle line-up that sets it apart is an innovative liquid-cooled system , which includes the battery , charger , inverter and motor . The system significantly limits battery degradation over time , while simultaneously optimizing range and charge time . " In fact , riders will experience quick
Can-Am ' Origin ' - adds an Off-Road riding mode , " and its high ground clearance and full KYB suspension with 255 mm of travel up front and adjustability in the rear inspire confidence off the beaten path and firm planting on paved roadways ."
and efficient charging each and every time and in any condition - from 0 % to 80 % in 50 minutes - using Level 2 charging at home or at automotive charging stations ." There has been much speculation and debate about the apparent irony of electric motorcycles incorporating a form of liquid-cooling , with several manufacturers known to be deploying and working on such technology . Indeed Zero , for one , has liquidcooling patents that are expected to find their way onto production electric models soon . However , the real-life riding effect on improved charging cycles and range remains to be proven . Some critics are already suggesting that the Can-Am ' s charge rates and range will be inadequate , especially on the dirt . Both the Can-Am ' Pulse ' and ' Origin ' come standard with an 8.9 kWh battery that powers the ' Pulse ' to an estimated city range of up to 160 km ( 100 miles ), and the Can-Am ' Origin ' to an estimated city range of up to 145 km ( 90 miles ). Both feature a reverse function . While the ' Pulse ' is described as " crafted for the energy of city life ," the ' Origin ' is described as " engineered for adventure beyond city limits ." Both share the same Active ReGen and connective technology , with the ' Origin ' wielding " unmistakable Can- Am DNA and motocross heritage with all-terrain readiness , enhanced suspension and dual sport tires ." www . canammotorcycles . com
14 AFTERMARKET MOTO DESIGN - OCTOBER 2024 www . AMDmag . com