Damon pre-sells more $40,000 electric motorcycles, claims millennial interest

Damon Motorcycles, a Vancouver-based electric motorcycle startup, made a splash earlier this year when they announced their Damon Hypersport Premier electric motorcycle. The $40,000 sportbike hadn’t yet entered production, but the company already began taking pre-orders for a limited edition run of 25 premium bikes intended for 2021 deliveries, in addition to taking orders for their entry-level models.

Now that those premium bikes have all been reserved, Damon has just opened up orders for two new versions with fresh colorways, as well as announced an acquisition of IP from the failed Mission Motors electric motorcycle startup. Oh, and they just completed a $3 million funding round.

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Source: Charge Forward