Oakridge Global Energy Solutions, Inc. (OGES) Set to Commercially Introduce Lithium-Ion Motorcycle Batteries at Daytona Beach Bikefest
Earlier today, Oakridge Global Energy Solutions, Inc. (OTCQB: OGES) issued a news release announcing the company’s plans for the commercial introduction of its groundbreaking Liberty Series lithium ion motorcycle batteries at the 75th anniversary of the Daytona Beach Bikefest, which begins on March 4, 2016. As part of these efforts, Oakridge will be promoting and selling its innovative stored energy solutions from its booth at Rossmeyer Harley Davidson in Daytona Beach. The company’s management team expects the Liberty Series batteries to appeal to owners of iconic ‘Made in the USA’ motorcycles from manufacturers such as Harley Davidson (NYSE: HOG), Indian and Victory, as these bikes feature large engines that require a powerful battery to start.
“As avid motorbike enthusiasts, our team at Oakridge is very excited to be commercially shipping our Liberty Series batteries beginning this week,” Steve Barber, executive chairman and chief executive officer of Oakridge, stated in a news release. “We are also excited to announce that we will also be gradually extending our Liberty Series batteries to all other brands of motorcycles, jet skis, snowmobiles and boats as well.”
Oakridge’s highly reliable battery solutions are expected to be particularly popular amongst motorcycle enthusiasts as a result of the numerous issues presented by legacy battery systems. Historically, bike owners who didn’t ride at least every seven to 14 days were forced to purchase a battery trickle charger, or tender, in order to avoid encountering a flat battery when they were ready to ride. This expense, in addition to somewhat frequent purchases of replacement AGM or lead acid batteries, has remained an issue for bikers in the past. While lead acid and AGM batteries offer an average lifespan of just 18 to 36 months, Oakridge’s Liberty Series boasts an average lifespan of as long as 10 years, depending on the application.
In addition to offering improved reliability, as compared to traditional lead acid battery systems, Oakridge’s ‘Made in the USA’ Liberty Series lithium ion batteries also provide considerable weight savings. According to the news release, riders who equip a Liberty Series battery can shave the weight of their bike by as much as 17 pounds. This is because the batteries’ anodes are constructed of lithium, the lightest metal in existence with an atomic weight of three, as compared to lead, which has an atomic weight that’s more than 27 times heavier.
“With my travel schedule over the past 30+ years, I have been a frequent owner of flat batteries when I wanted to have a nice relaxing ride,” Barber continued. “We have spent the past 12 months refining and finalizing this product and are excited to announce that we are delivering the Liberty Series product line to the public at the iconic Daytona Beach Bikefest.”
For more information, visit www.oakridgeglobalenergy.com
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