Confederate Motorcycles is to become the Curtiss Motorcycle Company. We reported on this story back in August already, so loyal Asphalt & Rubber readers should know that the news comes with the twist that the new company will focus on motorcycles that have electric drivetrains, provided by Zero Motorcycles.
Not much beyond those details was available at the time, and admittedly we don’t have a plethora of new information about this boutique American brand at this point in time as well, but we’ll share with you what we do know.
First of all, Curtiss Motorcycle will ultimately have a bike for a wide range of pocketbooks, not just the uber-rich that were serviced by Confederate. Curtiss’ first bike will be called the Hercules, and it is scheduled to drop on May 5, 2018.
We are in the final days of Confederate Motors, as the Alabama-based company just debuted its last motorcycle: the FA-13 Combat Bomber. Once the uniquely styled cruiser is sold out though, a new company will be formed: Curtiss Motorcycles.
The name Curtiss is a nod to aviator Glenn Curtiss, who before he battled with the Wright Brothers for control of the sky, was an avid motorcycle builder and motorcycle racer.
Like its namesake, Curtiss Motorcycles will be looking to the future, and thus its first model will be an all-electric motorcycle.
If you’ve ever wanted to own part of a boutique motorcycle brand, this might be your chance, as Confederate Motors is looking to raise $1 million via a private stock offering. In total, 5 million shares of Confederate stock will be made available for purchase, which means each unit of stock will be priced at $0.20 a pop.
Before you start emptying out your wallet though, the offering is made under Rule 506 of Regulation D, which means there are several restrictions on the purchase, including the fact that you will have to be an accredited investor – i.e. a financial institution or a person of wealth.
It has been almost a year and a half since we first heard of the third generation Confederate X132 Hellcat, and today we get word that the “more affordable” Confederate has been finalized and is ready for pre-production orders. Borrowing on the namesake of its predecessors, the new Hellcat shares some of the basic characteristics of the original Hellcats, while still bringing a very unique look and style to the custom cruiser.
Set to begin production in January, Confederate is taking orders now with a price tag of $45,000 through February, though that price will go to $49,500 in March of 2012. With only 164 Confederate X132 Hellcats to be made, the Alabama-based company expects to make only two units a week.