Blackseal 1st Gear April 9, 2010 Share April 9, 2010 In traditional Yamaha fashion, the company announced a move that may finally allow it to stake a claim as the first big player in the breakout electric motorcycle category. By putting the For Sale Sign on 63.25 million corporate stock shares, the tuning fork company hopes to raise an impressive 812 million dollars that it will dedicate to a highly charged electric and hybrid engine development plan across both their two-wheeled (motorcycle and electric bicycle) as well as aquatic (boat and outboard motor) product lines. We have seen many concepts and indications of Yamaha's intent, but very little follow through up to this point. The plan seems to be part of a healing process following 2009 in which the company posted losses north of $2.3 billion. Yes folks, we said billion... ouch! Yamaha, a company that traditionally has been eager to carve its own path in the powersports segment, hopes new fuel efficient and electric designs will lead to increased popularity in developing markets that have an ever-growing importance to manufacturers industry wide. We are left holding our breaths as to when these developments will make their way into the U.S. That will, no doubt, be largely dependent upon our buying trends. In addition, the company has also pledged to make all of its offerings more competitive throughout its lineup. Most importantly, this means we will see some much needed diversity in the development of electric motorcycles. This from the company that brought us the fist modern four-stroke motocross bikes, as well as snowmobiles. We will eagerly look forward to Yamaha's new offerings, and the following jolt that it could mean for the company as a whole. Now, to figure out how to commute in the bicycle lane on our shiny new Yamaha electric motorcycle. ↡ Advertisement Link to post Share on other sites More sharing options...
Ladykillerz 4th Gear April 9, 2010 Share April 9, 2010 if i got to support the fund, i will go for HD anytime. =p Link to post Share on other sites More sharing options...
Chewbacca 1st Gear April 9, 2010 Share April 9, 2010 Oh. I was thinking of combustion engines with different cycles/strokes. Like the rotary engines as such. Kind of disappointed by this, actually. Combustion engines seriously need to be updated. ↡ Advertisement Link to post Share on other sites More sharing options...
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