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Spanish moto manufacturer Derbi appears to have built an all electric race bike based on their GPR 125 (shown above). A mysterious YouTube user uploaded a grainy video of a red cloth being ceremoniously pulled from a Derbi sportbike in front of a Derbi branded backdrop. The bike was then shown not-so-silently navigating the tight switchbacks of Parc Motor De Castelloli in Barcelona, Spain and doing it fairly quickly. Video and more after the jump.