Oliver Bruce and Horace Dediu β€’ Investing, Business

Episode Summary

Offer and Giveaway Micromobility America is right around the corner. You can get your tickets to the show here and be one of the first to ride the Land Disctrict! https://micromobility.io/events/micromobility-america Enter for your chance to win a new Lectric Lite at RideReview.com https://ridereview.com/giveaway/win-a-lectric-lite-with-commuter-bundle Summary James Gross and Scott Colosimo, the founder and CEO of Land Energy, covers the company's origin, evolution, and its focus on electric motorcycles. With his background in Cleveland and previous experience in manufacturing motorcycles, Colosimo is now planning to bring manufacturing back to Cleveland, focusing on electric bikes, which they initially started producing under Cleveland CycleWorks brand. The decision to shift to electric motorcycles came naturally, aligning with the market's readiness and the company's desire to move away from China due to IP theft and growing tensions between the two countries. Currently, Land Energy is looking at the usability of motorcycles and focusing on innovation and improvement in manufacturing and product design. The ultimate question comes down to what Scott and his team are building, with 4 modes the current vehicle can be everything from an ebike to a moped to a performance motorcycle. This creates challenges and questions around regulation, technology and what is the safest for the driver. Emoji Summary 🏍 Scott started Cleveland CycleWorks to make affordable, customizable motorcycles in 2009 πŸ‡¨πŸ‡³ He initially manufactured in China due to availability of eager young partners and 24/7 work ethic during manufacturing boom 🦠 COVID caused supply chain issues, so he pivoted to electric vehicles made in the US under Land Energy ⚑ Land Energy makes the District, an electric vehicle platform with software-defined ride modes from bicycle to motorcycle πŸ€– The flexible platform introduces new riders safely and rethinks mobility between categories defined by outdated laws 🚦 Cities and laws aren't keeping pace with new electric mobility, creating confusion Scott aims to be part of the regulatory solution πŸ’° After bootstrapping, Land raised a $7M Series A to scale manufacturing of their connected battery platform πŸ›΅ Scott wants to bend the metal to balance innovation and safety for new electric mobility platforms
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