Yamaha has not been new to the global electric bicycle industry after the debut in 1993. The company came out with the new YDX-TORC electric-assist powerful bicycle that has the Yamaha PW-X center drive motor system. The powerful e-bike has a higher price tag of $3,499 due to the extra power drive.
Also, the company has created three models of bicycles: entry-level fitness bike CrossCore, full-featured commuter/utility bike CrossConnect, and road bike UrbanRush. These models can be used for road and hybrid riding conditions and come with a price tag of between $2,399 and $3,299.
The three models will be powered by Yamaha’s PW Series SE motor with Eco-plus, Eco, Standard, and High driving support modes. It provides assistance of up to 20 miles per hour or 32 kilometers per hour.
All the four models come with a 36V 500 Wh Li-Ion battery that could fully recharge in four hours. The models are fitted with an LCD multi-function display screen and LED battery indicators. The bicycles would come in small, medium, and large sizes for supporting all riders.
For the recent first-half of 2018, higher expenses and an increase in income taxes hurt net income that fell by 6.3%. However, the company’s net sales rose by 2.8% helped by growths across all its business segments. Looking ahead, Yamaha predicts net sales growth of 1.8% and net income growth of 1.4% for the fiscal year 2018.