Ener1 Announces Supply and Distribution Agreement with Lightning Motorcycles

Ener1's lithium-ion battery solutions to be used in Lightning's growing product line of racing and commuter motorcycles and scooters

NEW YORK, July 28, 2011 /PRNewswire/ -- Ener1, Inc. (NASDAQ: HEV), a leader in lithium-ion energy storage solutions, today announced a supply and distribution agreement with Lightning Motorcycles, the maker of the world's fastest production electric motorcycle.  As part of the agreement, Ener1 will supply Lightning Motorcycles with its automotive-grade, lithium-ion battery cells -- designed for plug-in hybrid electric vehicles -- for use in its Lightning SuperBike.  Ener1 will also supply cells for Lightning's commuter motorcycle and scooter, which will be developed over the next few years.

Consumer demand for e-bikes is expected to continue its growth trajectory.  According to a 2010 report published by Pike Research, the global market for electric two-wheeled vehicles, including e-bikes, e-scooters, and e-motorcycles, will grow at a compound annual rate of nine percent through 2016.  Lightning Motorcycles is expecting to answer some of that demand by first introducing a street-legal version of its record-holding Lightning SuperBike, which became the world’s fastest production electric motorcycle with the FIM and AMA official world record of 173.388 mph during the world finals in October last year.

“We’ve tested many different battery solutions over the last year, including Ener1 and several of its competitors,” stated Richard Hatfield, founder of Lightning Motorcycles.  ”The Lightning data and test results showed us that Ener1′s lithium-ion batteries far out-perform those from competing companies, which is why we’ve switched to using their cells in our electric motorcycles.  Lightning Motorcycles is committed to using what we believe to be the most powerful, safest, best-of-breed batteries on the market, which is why we’re also extremely pleased to be representing Ener1 as an official distributor.”

Lightning Motorcycles has been distributing electric parts and components for several years with a strong focus on and knowledge of serving the electric motorcycle and light-duty vehicle markets.  In addition to the supply relationship, Lightning Motorcycles will also serve as an end-user distributor for Ener1′s PHEV and EV lithium-ion cells.

“Lightning Motorcycles has an impressive pedigree in designing and developing electric motorcycles that win races, including the inaugural American TTXGP championship last year,” stated Chris Cowger, president, Ener1, Inc. “It’s that kind of experience that will help propel electric motorcycles to be on par with gas-powered motorcycles.  We’re pleased that Lightning has chosen Ener1′s lithium-ion batteries to power their record-holding SuperBike, as well as future e-bike development projects.  We also anticipate that Lightning’s knowledge and relationships in the industry will help us sell more PHEV and EV cells and energy storage solutions into the growing e-bike market.”


Bikers Prepare to Gather to Set a World Record

Conyers, GA , July 9th, 2011–  Bikers and motorsports enthusiasts are always trying to set world records but they are usually speed related.  Not this weekend!  Mountain Motorsports in Conyers GA is hosting a record-setting event to establish the record for the world’s largest safety presentation!

 Steven Zarbatany, President of Motorcycle Training Institute, Inc. (MTII.com), one of the event’s sponsors says “As a safety-oriented organization, we’re excited to be involved in this event!  As bikers,  safety  — as well as fun – is always on our minds, and we’re pleased to see so many people willing to participate.”

Alicia “AJ” Jones, of #1 Stunnas Motorsports Group,  the organizer of the event says she got the idea by wanting to set SOME type of non-speed record but the Guinness Book of World Records was crowded with records.  After speaking with the people at Guinness Book she contacted Dr. Mike Cosgrove of MTII and together they planned this event.  Says AJ “All motorcycles are welcome, as are 3-wheelers, 4-wheelers, cars and trucks.  This event is really open to just about any land-based vehicle with an engine.  We are hoping to gather in excess of 500 bikes and other vehicles.”

Zarbatany, who runs Florida’s largest motorcycle training school and who is an industry leader hopes that by bringing safety to the forefront, drivers will be more alert and aware of motorcycles when behind the wheel.  He is hoping that these types of events are duplicated in other areas.

No Hands Rider Hopes for a World Record

Photo by Lad Strayer

Phil Comar of Adrian Michigan is hoping the Guiness Book of World Records will certify his attempt at the longest no-hands ride in history after he rode 300 miles Sunday October 10,2010 using only his knees and  body to steer his Harley-Davidson from Makinaw City Michigan to Sylvania Ohio.

Comar rigged up a special auxiliary gas tank to enable him to make the trip without stopping for fuel.  According to Visor Down, Comar was hoping to raise $4000 during the ride for the Michael J. Fox Foundation for Parkinson’s Research, in memory of his father, who died from the disease.