Month: September 2022

A one-of-a-kind, cultural must-see retail store on Toronto’s Ossington Strip will close its doors for good next month after more than a decade of serving the community – but that’s not bad news for customers (not those who appreciate deep discounts, at least. )

City Motorcyclea motorcycle lifestyle store located at 132 Ossington Ave. announced earlier this month that it would end operations in October, with an initial shutdown date scheduled for October 31.

A note posted on the door of the business seen on Sunday, however, says the physical store will now close on October 2 due to the overwhelming customer response and rapidly dwindling inventory.

A note on the door of Town Moto explains why the beloved store is closing and what customers can expect.

The shop notes that it could close even sooner if stocks run out, and that could very well be the case thanks to insane clearance prices: as a final thank you to fans and friends, the company is selling all stock. staying in store for at least 25% cents off, making this a great time to invest in a cool biker jacket or a silver skull ring.

Helmets, jackets, gloves, boots, sunglasses, t-shirts, sweaters, toques, gifts and more can be found in addition to what the store considers “everything you need to maintain, modify and build a motorcycle, including maintenance products, parts, tools and manuals.”

Town Moto branded merchandise (including their many awesome t-shirts) is a staggering 50% off, with all sales final.

“At the start, we had a simple goal to create something that we felt didn’t exist in motorcycling. We never expected it to turn into something that would allow us to work with so many great people. , to engage with a community both within and beyond motorcycles. , and contribute so profoundly to our lives in personal ways,” read a letter on the store’s front door.

“We were very lucky to have turned something we dreamed of into a real business. With so many seasons in business, there is also growth and change! After a decade in the space, we feel we have achieved what we set out to do and we are ready for the next Chapter.”

The Town Moto team goes on to say that they have forged many relationships with brands, the community and individuals…one of which is Khal Drogo himself, actor and motorcycle enthusiast Jason Momoa.

Momoa isn’t mentioned in any marketing materials, and staffers aren’t one to drop his name, but the star is rumored to be a huge Town Moto fan. He has been spotted leaving the company on several occasions and appears to have witnessed some of the many community events hosted by the shop while filming in Toronto.

The Aquaman star was filmed last April run his engine outside the workshop and cruise through Ossington, but that’s not what makes Town Moto cool. Not by far.

“You don’t need to own a motorbike to be welcomed into Town Moto, we have an assortment of casual wear, books and everyday accessories! Need some advice on getting started with motorcycling? We’ve got you covered. too !” reads the store’s website, epitomizing in one sentence why locals love Town Moto.

“The motorcycling community is an important part of who we are and what we do. Throughout the year, we strive to foster and support our motorcycling community with free tech nights, events, sponsorships and promoting other inclusive events in the community.”

Anyone familiar can agree that the store had a major (if not the biggest) impact on Toronto’s now thriving motorcycle culture. No word yet on what might replace them or if they will reopen elsewhere.

“We are very lucky that this was a personal choice and that our love of motorcycling and the independent trade did not weigh heavily,” read the closing note on the store door.

“We can’t promise anything about where you’ll find us in the future, but chances are it’ll still be on a motorcycle! Thank you for being part of this journey and we can’t wait to see what who will follow!”

KUALA LUMPUR (September 29): Chailease Berjaya Credit Sdn Bhd (CBC), a joint venture (JV) between Taiwan-based Chailease Holding Co Ltd (CHC) and Berjaya Corp Bhd (BCorp), plans a billion bond sale of RM as CBC is expanding its financing operations for new motorcycles, Malaysian Rating Corp Bhd (MARC) said on Thursday (September 29th).

“[MARC] has assigned a preliminary rating of AA-(cg) to CBC’s proposed RM1 billion medium-term note (MTN) program. The rating outlook is stable. The program carries an unconditional and irrevocable guarantee from CBC’s ultimate holding company, CHC,” MARC analysts wrote in a note.

CBC is a 70/30 joint venture between CHC and BCorp, according to MARC.

CBC, with a funding portfolio of RM1.9 billion in the first half of 2022 (1H22), expects to maintain its current double-digit annual growth rate amid a rising interest rate environment coupled with inflationary pressure to the mind.

“[MARC] takes comfort in its established underwriting and collection measures which have been adopted from the proven guidelines and policies of its Taiwan-based sister company, Chailease Finance Co Ltd (CFC), CHC’s main operating subsidiary,” a- he declared.

MARC noted that CBC’s asset quality measure is stable, with its gross impaired funding ratio (GIF) sitting at a low 1.7% at the end of HY22, slightly above 1.6% there. one year old.

In HY22, CBC’s interest income increased 16.6% year-on-year to RM142.2 million, matching its pre-tax profit, which increased to RM69.4 million. Other than that, the net interest margin has been strong, hovering above 11%, and CBC relies primarily on bank borrowings, which have increased alongside its asset growth to $1.5 billion. RM at the end of 1H22.

MARC noted that CBC’s reliance on short-term revolving credit has declined to 36.9% as a proportion of total borrowing from its peak of 60.3% at the end of 2020.

“CBC’s growth has been supported by periodic capital injections from its shareholders, CHC and BCorp, totaling RM175 million since its inception in October 2015,” the rating agency added.

Therefore, the proposed MTN program reflects the credit strength of CHC’s unconditional and irrevocable guarantee.

CHC’s consolidated funding portfolio stood at T$613.8 billion (RM90.9 billion) at the end of HY22 with a GIF ratio of 2.2%. MARC Ratings has assigned a public information rating of AA-/Stable to CHC.

At the time of writing, BCorp’s share price rose 0.5 sen or 2.17% to 23.5 sen, valuing the group at RM1.38 billion.

The e-bike craze is officially hitting the United States, and tons of capable e-bikes are flooding the market. Of course, these bikes must meet government regulations that limit their speed based on the class classification of the e-bike.

So if you buy an e-bike, make sure it meets local laws and regulations. Many manufacturers ship your e-bike with a limited top speed to meet regulations. But they allow you to unlock the full speed of the bike regardless. So what are the fastest e-bikes for sale right now?

1.Optibike R22 Everest

The Optibike R22 Everest is an e-bike monster. This bike is fast, but there’s so much more. The R22 Everest offers up to 300 miles of range, which means it can go hand in hand with many electric cars and is among the e-bikes with the longest range. The reason for this extended range is the huge battery, which has a capacity of 3260Wh.

The Optibike Everest R22 is the perfect example of an electric bike that can easily replace your vehicle as a daily driver. The fact that it is equipped with a throttle and a huge battery makes it an ideal companion for urban driving. This is especially true if you’re navigating a city with tons of hills, like some in California. The range is big, but the Optibike R22 Everest makes this list because it’s also super fast!

The R22’s electric motor delivers 190Nm of torque, allowing you to climb wherever you want, and very few obstacles will get in the way of this bike. This super e-bike can reach a top speed of 36 mph, which puts it in rarefied air in terms of e-bikes. It’s also one of the few e-bikes you can take with you in any situation. There isn’t much that will hinder the R22’s progress.

Replacing your car with your R22 is entirely possible, especially if you can take advantage of its 36mph top speed. The great thing about the R22 Everest is that you’ll get to work quickly, sweat-free, thanks to the e-bike throttle, and you probably won’t have to charge it all week.

2.Delfast Top 3.0i

The Delfast Top 3.0i is another e-bike that blurs the lines between a full e-motorcycle and an e-bike. But, Delfast markets the Top 3.0i as an e-bike, so we’ll continue with that. The Delfast Top 3.0i looks like one of the fastest electric bikes for sale. This e-bike wouldn’t look out of place in a Blade Runner movie, especially if it’s being driven by one of the bad guys. It looks like a futuristic motocross bike, but without any unwanted noise because it’s fully electric.

According Delfast, the Top 3.0i will be shipped to the buyer in “legal” mode, which will essentially make it a Class 2 e-bike limited to 20 mph. As crazy as this bike is, it’s even crazier to think about riding a bike that looks this aggressive while being limited to a top speed of 20 mph. Imagine: Fast riders on traditional bikes can outrun your restricted Delfast bike. Luckily, you can unleash the bike’s full potential when you’re not using it on public roads.

If you want to take it off-road and off the cobblestone city streets, you can unleash its full power in Unlimited Mode, which goes up to 80 km/h.

Clearly, that 50mph top speed makes the Top 3.0i an absolute beast of an e-bike, ensuring that no other rider will simply pedal in front of your e-bike. That top speed is amazing, especially considering that this monstrous e-bike’s range is 200 miles.

Sure, it doesn’t beat the Optibike’s 300 miles of range, but given that the Delfast Top 3.0i can smoke Everest in terms of top speed, no one will complain too much. Another great thing about the Delfast Top 3.0i is that their website offers replacement motors (attached to a new wheel and tire combo) and replacement batteries. But beware, the parts are very expensive.

3. Hi Power Cycles Revolution XX

The HPC Revolution XX is the type of e-bike you look at and immediately start wondering if e-bikes are getting slightly out of control. According HPC, the Revolution XX might just be the fastest e-bike in the world. The really hilarious part is that they say you can even pedal that fast – yuck!

Top speed is officially listed at 70+ MPHand not only that, the operator can physically pedal at this speed thanks to a custom-built Schlumpf high-speed drive with a 38T/95T equivalent planetary gear chainring.

The fact that this crazy e-bike can reach 74 mph on a dry lake proves that e-bike manufacturers have lost their minds. Quietly, this could spark an e-bike performance war, much like the current one between Tesla’s Model S Plaid and the Lucid Air super EVs. The funny thing is that the Revolution XX will be Class 2 compliant, which limits its top speed to 20 mph.

You can then choose to activate off-road mode wherever it is legal to do so, giving you full power. Only 20 of these awesome electric bikes will be built, so if you want one, hurry up and order one. The price is $20,000. One thing is sure; if you want the fastest e-bike, your wallet won’t be unscathed.

The e-bike performance war is on

It will be interesting to see how the performance of e-bikes in the future will surpass the current crop of super-fast e-bikes. The e-bikes featured above are all absolute monsters and feature incredible ranges to go along with their mind-blowing performance. Hopefully regulations don’t start to undermine the fun of e-bikes in the future, because it will be great to see how far e-bike performance can be taken.