BMW, the world’s biggest carmaker, is taking another stab at electric bikes.
The company is working with electric bike makers like Felt and Mountain Bike to design an electric motorcycle for every person in the country, with the goal of providing all Americans with a viable and safe alternative to driving a car.
The company said it has already made some strides toward that goal with the announcement last month that it is buying Felt to create the electric electric bicycle that it hopes will help propel its electric vehicle plans forward.
“The Felt is a new platform that offers the most comprehensive range, the most advanced electronics, and the most affordable price in the industry,” BMW executive Markus Zusak told a press conference in Zurich.
“This is the next step for the company to realize its ambitious vision for electric mobility.”
Mountain Bike, maker of the Felt, said it is also partnering with BMW on the development of a range-extending electric bike that would be suitable for people who don’t have access to electric vehicles.
The Mountain Bike Felt electric bike is already being used in places like the U.K., where it is widely used to commute to work.
Moto Guzzi, a company that manufactures electric motorcycles for the U: U.S., said the BMW partnership is a key step toward its goal of introducing an electric electric motorcycle into every home.
“BMW’s investment in Felt will enable BMW to offer an affordable and safe electric motorcycle that meets the needs of every American,” Guzzi said.
Felt, founded in 2015 by Swiss-born entrepreneur Sebastian Kurz, was founded by a group of former BMW engineers who wanted to develop a bicycle that could be used for a range of activities.
It’s not yet clear what form that plan will take, though the company said last month it is working on prototypes.
The bikes, designed to go up to 50 miles on a single charge, have a range similar to a regular bicycle and offer up to 30% better performance than conventional bikes.
BMW says it will also use the Fels technology to make electric cars, including electric buses.
It’s unclear what role BMW will play in the electric bike business.
It was founded with the mission to build a viable, affordable electric bike, but the company has also spent more than $1 billion to develop electric vehicle prototypes.
But BMW has a history of trying to create electric cars.
In 2015, the company launched the electric-vehicle (EV) electric vehicle (EVAP) program to help build its electric vehicles, including its electric motorcycles.
But in 2018, the program was suspended after it became clear that BMW’s electric motorcycles were too expensive for consumers.
BMW also had a falling out with electric-car maker Tesla, which eventually bought it for $1.2 billion.
At the press conference, BMW executives touted the electric motorcycle, saying it will “offer the best value proposition for consumers in a safe, comfortable and low-emission environment.”
The Mountain Bike team said the FEL will be a great alternative for people looking to reduce the carbon footprint of their daily commute.
There is also the possibility that BMW could sell electric bikes for its own cars, though there is no clear indication yet if that would happen.
In September, BMW unveiled a range extender for its electric cars called the Fel 2, which it said would be capable of reaching up to 100 miles.
BMW said it would also use Felt’s technology to build its own electric motorcycle.