"Off to the Races"
EV leader Monday Motorbikes to join Sustainability Initiatives' family of electric vehicle products in 2018’s first landmark deal
San Francisco, California - April, 2018 - Monday Motorbikes, known for its stylish and high-tech electric motorbikes, is advancing its innovation through partnership with Austin, Texas based Sustainability Initiatives.
Monday Motorbikes has formalized a partnership agreement with Sustainability Initiatives to increase manufacturing output by tens of millions of dollars annually. A leader in renewable technology, Sustainability Initiatives will assist in the production, distribution and supply chain management of the Monday Motorbikes units.
“I view this as a positive alignment of two great brands and two great companies, both
committed to creating clean, environmentally responsible and sustainable urban transportation.” said Mark Adams, Co-Founder and Managing Partner of Sustainability Initiatives.
Millennials are obtaining less driver’s license than any previous generations before (1). The number of electric bikes is anticipated to rise by 200% over the next 7 years (2). As younger generations search for lower cost, lightweight electric mobility, Monday Motorbikes plans to be at the forefront of innovative technology for urban transportation.
“This partnership allows us to increase manufacturing output and fulfill our growing sales around the United States and abroad. Our company’s vision of a clean and sustainable future is the perfect match with Sustainability Initiatives,” said Josh Rasmussen, Co-Founder and CEO of Monday Motorbikes.
Monday Motorbikes will be relocating to an enhanced facility and showroom in the coming weeks to begin the mass production of motorbikes.
“We are excited to work alongside Monday Motorbikes and their innovative group thought leaders to bring the next generation of urban transportation to market,” said Christian Okonsky, Managing Partner of Sustainability Initiatives.
Monday Motorbikes plans to reveal their next generation motorbike to the public in May along with the announcements of new technology and embedded systems.
“The technology we are developing extends well beyond urban motorbikes,” stated Monday Motorbikes Founder, Dr. Nathan Jauvtis.
About Monday Motorbikes
Co-founders Josh Rasmussen and Dr. Nathan Jauvtis are lifetime motorcycle riders who set out to solve the problems associated with urban transportation. Monday Motorbikes builds the world’s most approachable electric motorbike. Their first product, the M1, has the performance and handling that experienced riders want with electric and easy to use technology that new riders expect. The M1 is lightweight and does not use gears or a clutch and is easy enough for people who have never ridden a powered two-wheeler to ride with ease. Monday Motorbikes continues to have a fanatical focus on user experience and elegant marriage of software and hardware make their high-tech, all-electric motorbikes the ultimate urban commuter.
About Sustainability Initiatives
Sustainability Initiatives (SI) is building foundations of new sustainable companies by implementing today’s solutions for a better tomorrow. SI is dedicated to making a difference by supporting smart ideas and solid platforms for sustainability. Our fundamental building blocks of Preservation, Conservation, and Education are exercised in all our companies and individually as well. Discover more about Sustainability Initiatives at www.si.partners
(1) Sivak, Michael, and Brandon Schoettle. RECENT DECREASES IN THE PROPORTION OF PERSONS WITH A DRIVER’S LICENSE ACROSS ALL AGE GROUPS. University of Michigan, 2016, pp. 1–6, RECENT DECREASES IN THE PROPORTION OF PERSONS WITH A DRIVER’S LICENSE ACROSS ALL AGE GROUPS.
(2)Citron, Ryan, and John Gartner. Li-Ion and SLA E-Bikes: Drivetrain, Motor, and Battery Technology Trends, Competitive Landscape, and Global Market Forecasts. Navigant, 2016, pp. 1–6, Li-Ion and SLA E-Bikes: Drivetrain, Motor, and Battery Technology Trends, Competitive Landscape, and Global Market Forecasts.