Vancouver’s Damon Motors has over $40 million in preorders for its flagship HyperSport electric motorcycle.
And now we know where the mobility startup will be manufacturing the world’s smartest, safest, fully electric motorcycle.
Damon will be moving into a 110,000 square-foot manufacturing and research & development plant at 12850 112B Avenue in Surrey. The plant is being developed in partnership with Bosa Properties.
Damon’s new manufacturing facility will create more than 300 high-tech manufacturing jobs and more than 500 high-tech office jobs.
“As Damon accelerates a clean energy future with our electric vehicles, we’re also introducing a cleaner, industry-leading manufacturing process,” said Jay Giraud, co-founder and CEO of Damon Motors.
“We’re excited to produce our highly anticipated HyperSport motorcycles here in Surrey, British Columbia and look forward to this world-class facility delivering the safest and cleanest premium, high-technology motorcycles on the market.”
Damon was founded by serial entrepreneurs Jay Giraud and Dom Kwong. Damon’s investors include Round 13 Capital, Techstars, Fontinalis, Extreme Venture Partners, and Pallasite Ventures.
“British Columbia is quickly becoming an EV hotspot and the arrival of the Damon Motors manufacturing facility puts Surrey right in the middle of it,” said Surrey Mayor Doug McCallum.
“We’re honored Damon has selected Surrey for its production headquarters and are proud to welcome this dynamic and innovative young company to our city.”
Clinton R Jackson says
Are there investment opportunities ie pre-IPO or IPO? EV or e-motorcycles?