Lit Motors electric enclosed motor cycle targets 2014 for $12000-16000 vehicle

I saw Lit Motors at Maker Faire yesterday. They have a mockup of what they intend to build, which is shown in the photo and they have their metal prototype.

They want to build a gyro stabilized enclosed electric motor cycle. It will have 220 miles of range on one charge and a maximum speed of 120 miles per hour and the big thing is a target price of $12000 to $16000.

They are a startup which has gotten to the prototype stage for $1 million and they need $7 million to get to limited production ready. They are based in San Francisco.

Even in a crash or at a stop light, the driver and passenger remain enclosed, upright and stable on the two wheels without any other support. The vehicle will weight about 800 pounds.

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