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As we reported here just a few days ago, Lightning Motorcycles announced its release of the new LS-218 electric superbike, along with plans to preview it at this year’s Quail Motorcycle Gathering.

While the photos then were rough, we got a general idea of what the Lightning LS-218 was supposed to look like at its California debut. Taking the wraps off at the Quail Lodge in Carmel, California, Lightning showed up to the gathering this weekend with what they are calling a nearly finished version of the LS-218.

The first thing that stands out about this bike, as many onlookers noted, was that it looks very much like its petrol-powered cousins, thanks to the gorgeous design by Glynn Kerr. The bright blue metallic paint, contrasted by the brass colored Öhlins dampers and big Brembo brakes, really make for an eye-catching piece of machinery.

What’s more, Lightning claims that this street-legal version of their race bike produces in excess of 200hp and 168lb-ft of torque, but is it enough to live up to the claims?

We shouldn’t have to make too big of a case for your attendance at the The Quail Motorcycle Gathering, so if you’re in Northern California this coming weekend, you owe it to yourself to attend.

But just in case seeing a plethora of unique and beautiful show bikes isn’t your thing (100 years of motorcycles at the Bonneville Salt Flats is on display this year, by the way), we submit to you the upcoming debut of the Lightning Motorcycles LS-218 production electric superbike.

A long time in the coming, and based off Lightning’s electric race bike, the LS-218 aims to be the “mot [sic] technologically advanced and highest performing street-legal production motorcycle in teh [sic] world.”

A lofty statement, but then again the LS-218 has some credentials to back it up — and it starts with the electric superbike’s name: LS-218, which is an homage to the machine’s 218 mph top recorded speed at the Bonneville salt flats (a speed reach while setting an official 215 mph land speed record).

We have seen a concept sketch of what the Lightning Motorcycles LS-218 should look like, and expect the final version to look very similar; but until Saturday, the above photo is the only glimpse we have of the machine. If the genuine article has the same tastes as the concept sketch, motorcycle fans (even petrol heads) should be in for a treat.

While our attention is currently focused on the 2013 Isle of Man TT, the 91st running of the Pikes Peak International Hill Climb is just around the corner. Perhaps the closest thing to the TT that we have here on American soil, Pikes Peak is the second-oldest motorsport race in the United States (the first being the Indy 500), and features riders and drivers who risk it all during the Race to the Clouds.

With that in mind, our boy Carlin Dunne is returning to Pikes Peak again this year, though he is trading in his gorgeous Ducati Multistrada 1200 for the “Flying Banana” of Lightning Motorcycles. A two-time winner, and outright fastest man ever on two wheels at the Pikes Peak International Hill Climb, Dunne will be gunning for the race record for an electric motorcycle at this year’s event.

“I have a chance to be a part of something even bigger, to prove something to the rest of the world by riding this amazing electric bike. And I have to say, I’ve been testing it for a month, and it’s insane. It’s power and acceleration is like nothing I’ve ever ridden. When you light that fuse, hang on,” said Dunne.

As the kids in the arcade used to say, it’s on like Donkey Kong. Upon hearing the news that Greg Tracy and Amarok Racing would be making an appearance at the Pikes Peak International Hill Climb, Chip Yates has set aside his tinkering with electric airplanes for the time being, and come out of two-wheeled retirement to defend his title.

Trading in the world’s fastest pizza delivery bike for the Richard Hatfield’s Flying Banana (there really is no good way to write that, sorry Richard), Yates will compete on one of Lightning Motorcycle’s electric superbikes at the 91st running of the Race to the Clouds.

Lightning Motorcycles is getting set to offer a street-legal version of its electric race bike. Featuring the same 240+ hp Remy motor as the racing stead, Lightning will have two battery packs available for street-riders: 12kWh & 14kWh — while the team continues to develop the 22kWh pack it unsuccessfully campaigned at the Isle of Man TT.

Basically the Lightning’s electric race bike with lights, signals, and new fairings, we have yet to see the new bodywork from Lightning, but if it looks anything like the concept sketch from Glynn Kerr Design (of Fischer, Boxer,  & Mondial fame), it should be quite stunning — as is the $38,000 price tag.

The first North American TTXGP round is this weekend, piggybacking off AMA Pro Racing’s stop at Infineon RacewaySears Point. Lightning has been quietly putting in impressive lap times this year. On the #80 bike is veteran Banana rider Michael Barnes, whose 1’47 lap times would place him in the back third of the AMA Supersport class this weekend. Meanwhile on the #89 bike is WERA top-man Tim Hunt, who has had the dubious task of learning Sears Point on a 240hp machine. Hunt’s times have been seven to eight seconds off Barnes, though were ahead of Rapp’s before his crash.

While Lightning has shown considerably more polish than in past rounds, the team has had its own setbacks with reliability, including one incident which saw the chain adjuster bolts on the Lightning Mk. II sheer apart, dropping the chain off the sprocket, and locking up the rear wheel of Barney’s bike. Barnes was not pleased with this, but fared better than the two Steve’s on-board the 2012 Brammo Empulse RR.

On Monday, we got a chance to swing a leg over the Lightning Motorcycles electric superbike at Infineon Raceway. While a full review is till to come, the initial report is basically that Lightning’s bike pulls like a freight train when you get on the throttle, and despite how “big” it is, the electric superbike handles surprisingly well, even around the crucible that is Sears Point Infineon Raceway. During our test, Lightning Motorcycles’ Richard Hatfield tipped us off to a video with Ted Rich at the helm of the Lightning, with AMA Superbike rider Jake Holden giving chase (and video) on his BMW S1000RR race bike.

Lapping around Chuckwalla Valley Raceway, Holden and his BMW look like they could have gotten past the Lightning in several spots, though Rich and the Lightning certainly hold their own in the video. The Lightning’s straight-line speed is more than evident, as it pulls away from the 200+hp BMW S1000RR with ease, and as we experienced at Infineon, the bike is now slouch in the turns, and continues to develop in advance of the electric motorcycle racing season. Check out the video after the jump.

We just got a phone call from Richard Hatfield of Lightning Motorcycles saying that the “Flying Banana Mk. II” just put down a 205.238 mph pass at the Southern California Timing Associations’ Speed Week at Bonneville. This pass makes Lightning the first electric motorcycle manufacturer/competitor ever to break the 200 mph mark, whether it be on the tarmac or at the salt flats. If verified during tomorrow’s second pass, the speed would shatter the outright land speed record of 176.434mph, which was set by Riches Nelson and his fully-streamlined Airtech Lightning Bolt electric motorcycle.

Lightning currently holds the AMA and FIM land speed records for the APS-? LSR class (A=special chassis, PS=partially streamlined, ?=electric) for electric motorcycles weighing between 150kg and 300kg, after Paul Thede (of Race-Tech fame) took the Flying Banana Mk. I to 173.321 mph at Bonneville last year. This year according to SCTA protocols, Lightning’s bike has been impounded for the night, and the team will have another run tomorrow to solidify its record. The average of those two speeds will then stand as Lightning’s official speed, and if everything goes according to plan, Lightning will have raised the LSR mark for electric motorcycles into the 200 mph bracket.