Just as the news of tech giant Apple looking to buy McLaren broke, there is a rumour of the company looking to buy Lit Motors as well. Lit Motors is a start-up that got famous for creating a self-balancing electric motorcycle.
A report from an international media house states that tech giant Apple is in the talks with Lit Motors, the San Francisco-based start-up company that made an electric self-balancing motorcycle. In addition, three anonymous sources have stated that Apple has already hired several former Lit Motor engineers and now plans a potential acquisition.
The estimated price for Lit Motor’s self-balancing C-1 is somewhere around 24,000 dollars (Rs 16 lakh). The company has been struggling for a few years now to bring this two wheeler to the market. The C-1 is supposed to offer both the safety and comfort of a car and the efficiency of a motorcycle. Lit Motors envision the C-1 would go as fast as 120mph (193kmph) and as far as 200 miles (322kms). The company had its recent tests of the C-1 but the motorcycle achieved way lower than its planned figures which is likely one of the reasons it is still in it porotype phase.
