MILAN--(BUSINESS WIRE)--Nov 7, 2024--
The EVTEKER 01, a mid-size ADV-style electric motorcycle, swept through EICMA 2024 with exceptional maneuverability, drawing immediate dealer interest and potentially revolutionizing electric motorcycles.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241105615215/en/
Performance and range
The EVTEKER 01 is powered by an electric motor with peak power of 10.5 kW, which allows it to reach top speeds of 115 km/h. Fast charging of 0-90% in just 1h40min and combined range of 150km on full charge makes the EVTEKER 01 an extremely powerful electric motorcycle. Whether you're riding in the city or on a short trip, the EVTEKER 01 gives you a lot of confidence.
Appearance and technology
EVTEKER 01 with a wheelbase of 55.12 inches (1400 mm), curb weight of 377 pounds (171 kg), seat height of 30.7 inches (780 mm), and a pedal are designed for safety and stability at high speeds. At the same time, it is equipped with a 7-inch TFT LCD instrument, which can more easily get tire pressure data, battery health and other information.
Adventure and sports
The ADV-style EVTEKER 01 is built for the user with an adventurous spirit. It is equipped with 15 front and 14 rear wheels, and custom ADV tread tires, and the ground clearance reaches 160mm. Whether it's on the highways, dirt road, sandy road, waterlogged surface or gravel, this motorcycle will give you excellent maneuverability. At the same time, the motorcycle is equipped with standard ABS and a closable TCS system, which can help you stay safe.
Markets and suppliers
At EICMA 2024, EVTEKER also exhibited the much-talked-about EVTEKER 01 police official series, and the 02MAX full-size electric off-road vehicle and 03 urban sports pedal that will be mass-produced in 2025.
Conclusion
As the fastest electric motorcycles to achieve mass production and delivery, the EVTEKER 01 optimizes the riding experience and driving habits, providing both combustion and electric motorcycle riders with excellent maneuverability. If you're looking for the perfect electric motorcycle, this could be the ultimate option for you.
If you are interested in becoming a partner of EVTEKER, you are welcome to join us.
(Photo: Business Wire)
Shares recovered from early losses in Asia on Thursday after U.S. stocks stormed to records as investors wagered on what Donald Trump’s return to the White House will mean for the economy and the world.
Markets also were turning their attention to the Federal Reserve’s decision on interest rates, due later in the day.
Japan's Nikkei 225 fell 0.3% to 39,381.41, reflecting worries over the potential for a revival of trade tensions under a Trump administration.
“I think everybody’s going to be worried about Trump's tariffs because that’s one of the things in his playbook. And so we’ll have to see how things develop in the early stages of his presidency this time," said Neil Newman, head of strategy for Astris Advisory Japan.
In Seoul, the Kospi finished nearly flat, at 2,564.63. Australia's S&P/ASX 200 rose 0.3% to 8,226.30.
Chinese shares rallied after the government reported that exports jumped nearly 13% in October over a year earlier, the fastest pace in more than two years and far outpacing the 2.4% increase in September.
Hong Kong's Hang Seng gained 1.6% to 20,863.30. The Shanghai Composite index was up 2.3% at 3,460.52.
Trump has promised to slap blanket 60% tariffs on all Chinese imports, raising them still more if Beijing makes a move to invade the self-governing island of Taiwan.
Investors are adding to bets built earlier on what the higher tariffs, lower tax rates and lighter regulation that Trump favors will mean. Higher tariffs on imports from China would add to the burdens Beijing is facing as it struggles to revive slowing growth in the world's second-largest economy.
But the impact may be less drastic than feared, Zichun Huang of Capital Economics said in a report.
“We expect shipments to stay strong in the coming months –- any drag from potential Trump tariffs may not materialize until the second half of next year," Huang said.
Still, higher tariffs on imports from China, Mexico and other countries would raise the risk of trade wars and other disruptions to the global economy.
Trump's win raised expectations that Beijing may ramp up its spending and other stimulus to counter such trends. The Standing Committee of China's legislature is meeting this week and is expected to announce further measures by Friday.
Francis Lun, CEO of Geo Securities, said domestic issues were a greater concern than tariffs. "People want the government to spend some money to boost the economy, instead of looking outward,” he said.
On Wednesday, the U.S. stock market, Elon Musk’s Tesla, banks and bitcoin all stormed higher, as investors made bets on what Donald Trump’s return to the White House will mean for the economy and the world. Among the losers the market sees: the renewable-energy industry and potentially anyone worried about higher inflation.
The S&P 500 rallied 2.5% to 5,929.04 for its best day in nearly two years. The Dow Jones Industrial Average surged 3.6% to 43,729.93, while the Nasdaq composite jumped 3% to 18,983.47. All three indexes topped records they had set in recent weeks.
The impact of Trump's second term will likely depend on whether his fellow Republicans win control of Congress, and that’s not yet clear.
Investors see Trump’s policies potentially leading to stronger economic growth. That helps push prices down and yields up for Treasurys. Tax cuts under Trump could further swell the U.S. government’s deficit, increasing borrowing and forcing yields even higher. The yield on the 10-year Treasury jumped to 4.43% from 4.29% late Tuesday, which is a major move for the bond market. It’s up substantially from August, when it was below 4%.
Investors expect the incoming president's policies, particularly higher tariffs, to fan inflation and add costs to U.S. household bills. Sharp cutbacks in immigration could also leave businesses shorthanded, forcing companies to raise wages for workers faster and putting more upward pressure on prices.
Much of Wall Street’s run to records this year was built on expectations for coming cuts to interest rates by the Federal Reserve, as inflation has headed back down to its 2% target. Easier interest rates help boost the economy, but they can also give inflation more fuel.
The Fed will announce its latest decision on interest rates Thursday, where the expectation is still for a cut, according to data from CME Group. But traders are already paring back forecasts for how many cuts the Fed will provide through the middle of next year.
In other dealings early Thursday, the U.S. dollar weakened against the Japanese yen, slipping to 154.08 yen from 154.62 yen. The euro rose to $1.0747 from $1.0730.
U.S. benchmark crude oil gained 24 cents to $71.93 per barrel. Brent crude, the international standard, was up 33 cents at $75.25.
The price of bitcoin slipped to $74,789.38 after hitting an all-time high above $76,480 on Wednesday, according to CoinDesk. Trump has pledged to make the country “the crypto capital of the planet” and create a “strategic reserve” of bitcoin.
A man passes a video monitor on the side of the New York Stock Exchange in New York's Financial District on Tuesday, Nov. 5, 2024. (AP Photo/Peter Morgan)
A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Wednesday, Nov. 6, 2024. (AP Photo/Richard Drew)
People pass the New York Stock Exchange in New York's Financial District on Tuesday, Nov. 5, 2024. (AP Photo/Peter Morgan)
A TV camera screen shows the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a foreign exchange dealing room in Seoul, South Korea, Thursday, Nov. 7, 2024. (AP Photo/Lee Jin-man)
Members of media stand near the screens showing the Korea Composite Stock Price Index (KOSPI), left, the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a foreign exchange dealing room in Seoul, South Korea, Thursday, Nov. 7, 2024. (AP Photo/Lee Jin-man)
A currency trader talks on the phone at a foreign exchange dealing room in Seoul, South Korea, Thursday, Nov. 7, 2024. (AP Photo/Lee Jin-man)
A tv cameraman films the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Thursday, Nov. 7, 2024. (AP Photo/Lee Jin-man)
A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Thursday, Nov. 7, 2024. (AP Photo/Lee Jin-man)
A currency trader walks by the screens showing the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Thursday, Nov. 7, 2024. (AP Photo/Lee Jin-man)
