Mission Motors is teasing the silhouette of its new Mission R race bike, which is set to go racing in 2011. While details are scarce on the Mission R’s technical aspects, we’ve been told that the new design looks very promising, and is more palatable visually to a larger audience than the original Mission One. It doesn’t take much for us to guess some aspects of the Mission R though, as Mission Motors was on-hand for Specialty Equipment Marketing Association show (SEMA) this week (you know that other industry trade show that’s going on), with a bevy of announcements.
The most prominent piece of news from the San Franciscan-based company is that it is making available its proprietary electric drive system, which will come from a special group inside the company, dubbed MissionEVT, which is focused on bringing EV tech to other companies and applications beyond motorcycles.
Mission Motors has submitted an SEC Form D filing that shows that the San Francisco based company has raised $3.36 million in a $4.67 million investment round. While Mission Motors won’t comment on the SEC filing, the use of the funds is presumably to go towards bringing production of the Mission One and subsequent Mission motorcycles into reality, as the Mission Motors team gears up to bring its creations to market and establish a production facility.
After already confirming that they wouldn’t be in attendance at Infineon this weekend for the TTXGP season opener, Mission Motors has reaffirmed in a company blog post that they will not be racing in Sonoma this weekend, and have also announced that they will not be competing at the Isle of Man’s TT Zero event later this summer. The news is a bit of a disappointment for the electric motorcycling world, as the hopes of having an event where all the major brandscould be on the same track at the same time seems to be slipping from our grasp.
In conjunction with its announcement that Forrest North has stepped down as CEO of Mission Motors, the San Francisco based company is also announcing that the delivery dates for the Mission One electric superbike have been pushed back from Q4 of 2010 to Q2 of 2011. Mission Motors attributes the deadline push-back to the unforeseen economic collapse in both the motorcycle industry as well as in the capital markets. Despite these setbacks, the company is still on track to deliver the Mission One in a timeframe quicker than or equal to the industry norm, and has also revealed that an addition to the Mission One (which we’ll dub the Mission Two until we hear otherwise) will be announced later this year.