It’s Tuesday, and in the world of electrics that means another Zero Motorcycles press release, and another weekly confirmation that Asphalt & Rubber is still on the Santa Cruz company’s “ultra double-secret probation” list of publications that no longer get media communiqués and press invites to its media events. That clearly hasn’t stopped us though, as today’s news release confirms what we already knew: Zero Motorcycles CEO Gene Banman has stepped down from his position in the company, although he will continue to serve on the company’s Board of Directors.
We’ve gotten confirmation from several
Bothan spies sources that Zero Motorcycle CEO Gene Banman will no longer hold a position at Zero Motorcycles. We first reported on a management shake-up at Zero last month, with news that high-level changes at the Scotts Valley electric motorcycle company were underway. At the time we could only confirm that Zero Motorcycles founder Neal Saiki was out of his position as the company CTO, and now we can confirm that then CEO Gene Banman was also shown the door during that uprooting.
You can file this one under “news we broke a month ago,” but Zero Motorcycles has finally officially announced the departure of company founder Neal Saiki, despite sending an email to its employees last week that Saiki had not been sacked from his position.
According to Zero Motorcycles, Saiki is leaving his position to enter into the Igor I. Sikorski Human Powered Helicopter Competition, which Saiki first competed in while attending Cal Poly as aeronautical engineering student in 1989. However, our sources have told us Saiki’s departure was prompted by a fundamental shift in the company, precipitated by the Zero’s financial backers.
The news coming out of the Santa Cruz area today is that there’s been a management shake-up at Zero Motorcycles, as multiple people at the top of the company’s leadership have been given pink slips, including company Founder & CTO Neal Saiki. Recently talking to PlugBike.com‘s John Adamo, Zero Motorcycles CEO Gene Banman denied that Saiki had been let go from the company, saying that Saiki’s absence at the company was due to his child’s recent birth and Saiki’s desire to spend time with his newborn.
However multiple sources close to the company have confirmed to Asphalt & Rubber that Neal Saiki was a part of a larger management shake-up that was precipitated by the company’s lead investor. With many of the terminations expected to be finalized next month, and spanning more than one division at the California-based startup, there appears to be a considerable personnel and culture shift occurring at Zero at this point in time.
Fresh off its latest $2 million fundraiser, we get more news from Zero Motorcycles, as the Santa Cruz, CA company has released its 2011 line of electric motorcycles. Immediately noticeable is new livery and color schemes, but we think it’s the technical changes that will get people truly excited. Most prominant in the model year unveiling is the fact that every bike in Zero’s 2011 line-up can have a quick-charge option installed.
A major highlight, the quick-charge system will allow Zero Motorcycles with the add-on feature to be charged in nearly half the time of the standard version. Also a part of this technology’s allure is the ability for Zero Motorcycles to be charged off the J1772 public charging stations, which municipalities are starting to install in public parking spots.
Zero Motorcycles may not be amassing as large of a war chest as Brammo, but the Santa Cruz company is getting a lot of free money and help from its local governments. Scoring a $177,906 grant (free, as in beer, money) from the Monterey Bay Unified Air Pollution Control District (MBUAPCD), Zero intends to use the money to continue its R&D efforts in developing its drivetrain components. This money will be added to the $900,000 grant that the California Energy Commission gave Zero last much, whose funds were then matched by the City of Santa Cruz and other investors.