Leo Motors, Inc. has reached an agreement to develop electric scooters for DAFRA Motos, one of the largest motorcycle companies in Brazil. Under the agreement, Leo will develop electric scooters using DAFRA’s internal combustion engine (ICE) scooter branded as “Smart 125.” DAFRA will pay for the development costs and provide bodies of Smart 125 scooters to Leo.
After development and proper tests, Leo will supply power trains and engineering services to DAFRA, and DAFRA will assemble the scooters using Leo’s power trains and chassis manufactured by DAFRA in Brazil. DAFRA intends to sell the electric scooters at its own brand’s 300 sales outlets. DAFRA is the third largest motorcycle brand in Brazil with approximately 200,000 motorcycles sold each year.
South Korea-based Leo Motors, Inc. develops, manufactures and sells electric vehicle (EV) powertrains and components. Leo has developed original EV power trains and has converted models of existing internal combustion engine (ICE) vehicles into EVs, including scooters, motorcycles, highway speed sedans, buses and trucks. Leo Motors has also developed a Zinc Air Fuel Cell Generator (ZAFCG).