The number and quality of electric vehicle (EV) options on the market continues to expand, spawning vehicles like the new C-1. Created by Lit Motors, the trick electric motorbike uses gyroscopes for stabilization in much the same way as the Segway personal transporter to keep the rider from falling over, even at a stop without added effort from the rider.
Taking around 6 hours to charge to full capacity, the C-1 can then travel for around 150 to 220 miles without ever using a drop of gas. Top speed is around 120 mph, impressive for any EV. The electric motorbike offers the traditional advantages of a motorcycle; fast speed, good acceleration, spirited cornering and a fun ride; while avoiding their pitfalls.
The rider doesn’t need to worry about balance as that’s what the gyros are for. As for safety, a hard outer shell creates a cocoon around the rider, allowing for car-like safety. Even when struck by another vehicle from the side, the gyroscopic system will work to keep the C-1 from falling over.
Expected some time in 2014, the Lit Motors C-1 will carry a base price of around $12,000 to $14,000, less than a typical home renovation, but undercutting the cost of commercially available electric cars by a significant margin. Due to the small nature of the company, credit buyers will likely be responsible for their own financing.
When seeking bank financing for an alternative powertrain vehicle the applicant needs good credit. The average credit card debt of card users will need to be kept under control as banks will be hesitant to loan out to applicants already saddling heavy debt.
One option for those who would like to get rid of some debt in anticipation of electric vehicle financing is 0 interest balance transfer credit cards. By transferring balance from several cards or other debt sources to a single card with a no-interest policy for one year, monthly payments will come down significantly and come at the convenience of paying to a single source rather than several monthly payments.
The Lit Motors C-1 is the EV to watch out for in 2013 and 2014, proving that thinking outside the box to create a new type of personal vehicle can produce a form of transportation that has never even been conceived of before. There’s tons of electric motorbikes on the market, but the C-1′s innovative gyroscope system makes it stand out. And stand up, on it’s own!