Energy utility Vattenfall Group and the Swedish manufacturer of electric motorcycles CAKE 0 emisson AB (CAKE) have signed a Letter of Intent (LoI) to share expertise and know-how in their respective fields of competence with the aim to develop the first fossil-free electric motorcycle.
CAKE is a Swedish developer and manufacturer of lightweight electric off-road motorbikes These hybrids are equipped with off-the-shelf motors, batteries, and controllers. According to the company, the characteristics of an electric drivetrain, as opposed to a combustion engine, bring a number of exciting rider-experience changes (photo courtesy Vattenfall).
The collaboration combines cross-scientific competencies between Vattenfall and CAKE, as well as specialists from outside, on the journey towards the fossil-free motorcycle that should be ready for series production in 2025.
This collaboration is an excellent example of how we can contribute with fossil-free know-how and supply chain expertise in a specific product that drives towards zero emissions, said Annika Ramsköld, Head of Corporate Sustainability at Vattenfall.
Vattenfall and CAKE are both committed to lead the transition towards a fossil-free society where Vattenfall’s goal is to enable fossil-free living within one generation with the purpose to power climate smarter living for all customers. CAKE´s purpose is to inspire people, contributing to speeding up the journey towards zero emissions through a combination of excitement and responsibility in its consumer products.
This truly empowers our ability to further inspire towards clean transportation, together with the amazing force of Vattenfall, their initiatives, know-how and clear targets, said Stefan Ytterborn, CEO and Founder at CAKE.
