Vattenfall, a Swedish power company, and the Swedish manufacturer of electric motorcycles, CAKE, have signed a letter of intent to share expertise in their respective fields of competence with the aim to develop the first fossil-free electric motorcycle.
The collaboration combines cross-scientific competences 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 knowledge 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 and clear targets”, says Stefan Ytterborn, CEO and founder at CAKE.
