Business news : Polaris Industries Launches Electric Bike Line

Polaris Industries Inc. has launched its first line of electric bicycles in partnership with components maker EVantage in a major move towards making electric bicycles a viable mainstream recreational option in the U.S.

To develop a full and complete line, Polaris & EVantage set out to not only meet, but exceed the standards of performance, design, and materials engineering in the industry. All Polaris e-bikes have been
developed from the ground up with the customer’s needs in mind first. Every component, from the frame to the EVantage DuoDrive motor and battery system, embodies elements of Polaris standards.
“The Polaris name has always been synonymous with superior design and quality, and these electric bicycles are no exception,” says EVantage President Brandon Kaplan. “Each and every detail was crafted
with the consumer in mind, which stays true to Polaris’ inherent need to provide usable and applicable products to their customers. These electric bikes are an expansion of this brand, with its great history, while also paving a way toward new trends in transportation.

Over the past couple of years, Polaris has been strategically working its way into the light electric vehicle (LEV) field. Polaris purchased GEM (Global Electric Motorcars), neighborhood electric vehicle company,
and has recently relaunched the line. Polaris additionally acquired Goupil Industrie SA, a commercial light electric vehicle manufacturer and has made a sizeable investment in Brammo electric motorcycles. The
introduction of a Polaris branded electric bicycle is a natural extension in brand development.

Polaris is a recognized leader in the powersports industry with annual 2011 sales of $2.7 billion. Polaris designs, engineers, manufactures and markets innovative, high quality off-road vehicles (ORVs), including
all-terrain vehicles (ATVs) and the Polaris RANGER® side-by-side vehicles, snowmobiles, motorcycles and on-road electric/hybrid powered vehicles. Polaris is among the global sales leaders for both snowmobiles and off-road vehicles and has established a presence in the heavyweight cruiser and touring motorcycle market with the Victory and Indian motorcycle brands. Additionally, Polaris continues to invest in the global on-road small electric/hybrid vehicle industry with Global Electric Motorcars (GEM) and Goupil Industrie SA, and internally developed vehicles.

EVantage is a developer of electric drive systems and high performance electric bicycles. Founded in 2009, with offices in Miami Beach, FL, Boston, MA, and Hong Kong, EVantage designs motor systems to include proprietary technology that meet the fast evolving demands of the electric vehicle category. They specialize in providing the whole package: engineering, design and development. Their electric bicycles are designed as a complete system to include not only the electric components, but also the bike design bike itself. The result is a complete and unique electric bike experience, rather than an add-on, off the shelf product. With facilities in the USA and Hong Kong, EVantage is a developer of full line products as well as an OEM supplier of electric motor systems.

( SportsOneSource Media )

Website : http://polarisebikes.com/