INDY LIVE 2012: Vectrix reorganized and ready to expand

Publish Date: 
Feb 18, 2012

After two years of reorganization under new ownership, Vectrix is at Booth 5561 with a four-vehicle lineup and definite plans for expansion. Dealers can join the venture with a $25,000 initial order.

The company made a splash in 2007 when it introduced the VX-1 electric motorcycle after 10 years of development and more than $50 million. But the model may have been too ahead of its time. In 2010, the company filed for bankruptcy. Gold Peak Industries, a major Chinese supplier of batteries with offices in the U.S., bought the company and recruited new management.

The Vectrix line consists of the VX-1 Li and VX-1 Li+ maxi-scooters, the VX-2 50cc-equivanlent scooter, and the VX-3 Li+ three-wheeler with two wheels upfront. The VX-1 and VX-3 models have a top speed of 68 mph. The Li version has a range of 40 to 60 miles; the Li+ version can go 55 to 85 miles.

Later this year, the company will introduce a 125cc-equivalent scooter called the Vectrix Tall Wheel. The company has also restarted its Super Bike Project, a prototype electric sportbike that showcases Vectric core technologies.