“We think we can,” says James. “We went over to India a couple of years ago and conducted market research, met with three of the largest scooter and motorcycle manufacturers, and we were able to determine how much we could produce this for. We should be able to get this comparable with similar price-point scooters.” In reality that means a target price of around $5,000.
Early production will be determined by demand, according to the company. It says it is prepared to produce anywhere from 10 to a few hundred at its facility in San Francisco at first, and then increase the numbers. Longer term, the company may license the design to manufacturers around the world.
The cargo scooter is still very much in development stage, and I was shown an early prototype (see video). The company already has ambitious plans though. Their next goal is to make the scooter fold in half, so you end up with the two wheels much closer together, and the bike’s footprint halved.
“That will be really big in places like China, where the norm is not to leave your scooter locked down in the street, but to bring it up into your apartment with you,” says James.
Lit plans to release the machine later on this year – using a Kickstarter campaign, of course.