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stefan pierer

KTM TO BACK-BURNER THEIR ELECTRIC FREERIDE BIKES

KTM Freeride. KTM got a lot of buzz from their electric Freeride bikes, but KTM CEO Stefan Pierer told Motociclismo this week that the cost of battery packs are a problem. ?The battery technology simply is not at a level which can justify the investment in the product,? Pierer said. ?Our electric bike is ready and developed, but the battery pack costs $2600. That is just too much. The electric bike markets will take off only when the product is less expensive and more efficient, it has to be truly innov…