Damon Motors to Manufacture HyperSport Motorcycles in Vancouver, BC

Company’s upcoming 110,000 square foot facility in Surrey to provide hundreds of jobs

VANCOUVER, British Columbia–(BUSINESS WIRE)–Damon Motors today announced it will build a cleantech manufacturing and R&D plant in Surrey B.C. The state-of-the-art, 110,000 square foot facility, being developed in partnership with Bosa Properties, will serve as ground zero for production of Damon’s flagship HyperSport, the world’s smartest, safest, fully electric motorcycle. Details will be revealed at a special kickoff ceremony on October 5, 10 a.m.–12 p.m. at the Surrey City Hall Atrium. Surrey Mayor Doug McCallum and Bruce Ralston, British Columbia Minister of Energy, Mines and Low Carbon Innovation, will be among the dignitaries in attendance.

“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, 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.”

“We, at Bosa Family Companies, are proud to partner with such an exciting, new company to bring this site to life and drive new green jobs in our region,” added John Martin, Vice President at Bosa Commercial. “This local start-up success story is a source of great pride for British Columbians, and we’re pleased to be part of the strategy to keep Damon Motors thriving here at home.”

The new Damon manufacturing plant is expected to stimulate Surrey’s local economy with several hundred jobs. Projections suggest that by 2025, the plant will create more than 300 high-tech manufacturing jobs and more than 500 high-tech office jobs.

“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.”

“B.C. is home to many innovative clean-tech companies that are helping us grow as a leader in the electric vehicle sector,” said Bruce Ralston, Minister of Energy, Mines and Low Carbon Innovation. “We’re proud to support Damon Motors who will help us meet our Clean BC goals and create new good-paying jobs in the province. The strength of the innovative approach Damon Motors exhibits will propel the company toward being a global leader.”

Damon’s manufacturing plant announcement comes as the company has surpassed $40M in orders for the award-winning HyperSport. The electric superbike offers unparalleled safety, comfort, and performance with groundbreaking technology and zero tailpipe emissions. It features the CoPilot™ advanced warning system, Shift™, which transforms the riding position between sport and commuter modes while in motion, and HyperDrive™, the world’s first monocoque constructed, 100 percent electric, multi-variant powertrain platform.

To reserve your HyperSport and to learn more about Damon Motors, visit www.damon.com.

About Damon Motors Inc.

Damon is unleashing the full potential of personal mobility for the world’s commuters. With its HyperDrive™ proprietary electric powertrain, the company has developed the world’s safest, smartest, fully connected electric motorcycles employing sensor fusion, robotics and AI. Designed as a platform for worldwide line extension, Damon motorcycles will ship direct to customers on subscription plans to drive scale. Based in Vancouver, Canada, Damon is founded by serial entrepreneurs Jay Giraud and Dom Kwong. Learn more at damon.com and follow us on Instagram @damonmotorcycles.

About Bosa Commercial

Bosa Family Companies is a wholly-integrated, family-run company, with a 50 year history of innovation and excellence in construction, real estate development, asset management and real estate services, making it one of Canada’s most respected privately-owned brands. With roots in construction excellence, subsidiaries Bosa Properties, Bosa Commercial and BlueSky Properties benefit from the highest level of craftsmanship and precision in every detail from the in-house construction teams. Based in Vancouver, B.C., Bosa Commercial is full-service property management firm, providing management, operations and facilities services to a diverse portfolio of over 70 retail, office, industrial and mixed-use properties across the Lower Mainland, Vancouver Island, Northern BC and Interior BC. Our team of qualified property managers, administrators, operations managers and service providers come with years of experience in the industry, with a focused commitment of building customers for life. For more information, visit www.bosacommercial.com

Contacts

Donna Loughlin Michaels

LMGPR

408.393.5575

donna@lmgpr.com

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