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JAPAN JUST PUT A SKYSCRAPER ON THE BLOCKCHAIN. ¥100,000,000,000 worth
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Founded by former Tesla executive Michael Spencer along with engineers from Apple, Lucid, and Gogoro, this Indian startup just launched an electric adventure motorcycle that costs less than most people's monthly car payments. At roughly $1,300-2,000 depending on configuration, it's targeting markets in Africa and India where practicality trumps Instagram appeal.
When Tesla Alumni Go Two-Wheeled
Michael Spencer's departure from Tesla wasn't about burnout or creative differences – it was about seeing a bigger opportunity. After four years scaling the Model 3 and Model Y while building out Supercharger networks, Spencer realized that emerging markets offered a faster path to meaningful electrification than chasing wealthy Western buyers with $15,000+ electric motorcycles that still can't match a gas bike's range.
The team assembled reads like a Silicon Valley all-star roster: Rob Newberry from Apple TV engineering, Swaroop Bhushan from Lucid's powertrain division, plus veterans from Gogoro and Tesla. But instead of building another boutique electric superbike, they focused on solving real transportation problems in markets where motorcycles aren't just toys – they're an economic lifeline.
Built For Real Work, Not Weekend Warriors
The Emara ADV's spec sheet might not impress American riders accustomed to 200+ horsepower superbikes, but context is everything. That 13.4 horsepower peak output and 62 mph top speed becomes impressive when you consider this thing can carry 550 pounds, climb 30-degree slopes with passengers, and tackle terrain that would humble most adventure bikes costing ten times as much.
The removable 4kWh lithium-iron-phosphate battery delivers 60+ miles of real-world range, but here's the clever part: you can carry spare batteries in the side storage areas, effectively doubling your range to 120+ miles. For motorcycle taxi drivers in East Africa who currently spend 30-50% of their income on fuel, that swappable battery system represents life-changing economics.