If you were one of the unlucky few who plopped down close to $125,000 in deposits for a Mission R or Mission RS electric motorcycle by Mission Motorcycles, we hate to inform you that you are certainly not going to receive the bike you hoped to purchase, and you are likely not going to see your deposit back either. This is because Mission Motorcycles, commanded by Mark Seeger, is set to file for Chapter 7 bankruptcy, which would see the company’s few assets liquidated in order to repay creditors. The news is not surprising to anyone close to the Mission Motorcycles operation, which seemed doomed from the start when Seeger made grandiose claims of developing the Mission R one day in the shower, even though he was not a part of the Mission Motors team that created the machine several years prior.
Interesting things are afoot in the electric realm. Mission Motorcycles is about to expand beyond the two-wheels, as the company becomes officially called Mission Electric. The change comes about as Mission plans to expand into the automotive and marine segments, though the San Francisco company isn’t saying yet who it is partnering with in those spaces. Mission says it will continue to offer consumer-side products, like its current crop of electric motorcycles, the Mission R and Mission RS. However, its business model will expand to offer business-side electric drivetrain components, which was previously the realm of Mission Motors.
New Jersey newspaper The Record is reporting that Mission Motorcycles, maker of the soon-to-be-released Mission RS and Mission R electric motorcycles, has filed a lawsuit against one of the company’s co-founders, Vincent Ip.
In its lawsuit filed with the U.S. District Court in New Jersey, Mission Motorcycles asserts that Ip must relinquish stock in the EV startup, pursuant to a stock restriction agreement the Ip signed with fellow co-founders Mark Seeger and Andrew Ng.
As we suspected, the Mission R by Mission Motors lives, albeit in a new company and with a new name. Coming from Mission Motorcycles, the now-called Mission RS (race special) is the realization of what we consider to be the finest road-going electric motorcycle…and we should know, we’ve ridden them all. Essentially the electric race bike that Steve Rapp piloted to Supersport class lap times at the Laguna Seca MotoGP/AMA/e-Power round in 2011, but with a headlight, taillight and mirrors, the Mission RS boasts some impressive figures.