On July 17th, I reported on the winners of the Motorized Bicycle Challenge, an event organized by Local Motors, a crowd funding operation whose commitment is to “Empower A World Of Vehicle Innovations.”
First place winner was Ianis Vasilatos from Romania with a beautiful retro innovation design concept pairing classic components with modern technology and contemporary design elements.
Ianis Vasilatos, a production manager at the Queen Marry Theatre in Oradea, Romania by day and a talented and passionate vehicle designer by night, already received a $2,000 cash prize from Local Motors for his winning.
This fall, Local Motors went through prototype development at LM Labs in Phoenix from which beta products were debuted at the SEMA show in Las Vegas. Due to spectacular reception, now is the time to bring this concept to market in 2 versions, gas-powered and electric. The electric version has a rear hub motor with regenerative brakes, and can travel 20+ miles on one battery set, and up to 40 miles with a secondary battery. The gas-powered Cruiser is projected to run for up to 70 miles on a single tank of gas and, on average, will get up to 150 mpg.
Local Motors is launching a CrowdFunding Campaign to raise $50,000 and to which you are invited to participate by going to Fund The Cruiser. Below, a video introduction to this operation.