Vattenfall, CAKE partners to develop fossil-free motorcycle
Vattenfall and the Swedish manufacturer of electric motorcycles CAKE have announced they have signed a letter of intent to share expertise and proficiency in their respective fields of competence to develop the first fossil-free electric motorcycle.
The association combines cross-scientific competencies between Vattenfall and CAKE, as well as specialists from outside, on the journey towards the fossil-free motorcycle that should be ready for series production in 2025.
"This collaboration is an excellent example of how we can contribute with fossil-free know-how and supply chain expertise in a specific product that drives towards zero emissions ", says Annika Ramsköld, Head of Corporate Sustainability at Vattenfall.
Vattenfall and CAKE are both committed to lead the transition towards a fossil-free society where Vattenfall's goal is to enable fossil-free living within one generation with the purpose to power climate smarter living for all customers. CAKE´s purpose is to inspire people, contributing to speeding up the journey towards zero emissions through a combination of excitement and responsibility in its consumer products.
"This truly empowers our ability to further inspire towards clean transportation, together with the amazing force of Vattenfall, their initiatives, know-how, and clear targets", says Stefan Ytterborn, CEO and Founder at CAKE.