Scorpio Electrical, based by Melvin Goh and led by his son Joshua Goh, is Singapore’s first electrical motorbike firm. It was established in 2017, below the father or mother firm EuroSports World Restricted, which has been specialising in luxurious car distribution for many years.
The identify Scorpio is derived from Melvin’s Scorpio horoscope, and the corporate’s motto “Take Cost” embodies character values resembling honesty, tenacity, braveness, and diligence.
Melvin is the CEO of EuroSports World and Founder Advisor of Scorpio Electrical, and he envisioned the necessity for sustainable mobility options. With Scorpio Electrical, he has set sights on revolutionising the way forward for sustainable transportation and the corporate’s imaginative and prescient is to create zero tailpipe emission autos.
However as an alternative of making a automobile firm, Melvin felt that it will be extra possible to create an electrical motorbike firm.
“It could have been far too costly to create a automobile firm. An electrical motorbike firm can be far more palatable,” Joshua explains, including that they’ve a powerful perception that electrical autos (EVs) would disrupt the automotive {industry}.
Scorpio Electrical’s mission is to create electrical bikes which are visually and experientially thrilling, filled with new applied sciences and connectivity. They problem the boundaries of the driving and possession expertise, centred round three key pillars of design, efficiency, and expertise.
Taking up his dad’s enterprise
Joshua is presently the CEO of Scorpio Electrical. He has been surrounded by unique sports activities automobiles since he was younger, and has a deep ardour for something automotive-related.
Previous to becoming a member of EuroSports World Restricted, Joshua had the chance to expertise a wide range of roles within the capital markets, company finance, and company restructuring. His expertise deepened his information of the lingua franca inside the enterprise and finance industries.
Joshua joined EuroSports World Restricted in 2017, the place he undertook a wide range of duties inside the portfolio of automotive manufacturers that the corporate has, from basic operations to strategic planning and enterprise improvement. In 2020, Joshua vested his full focus on Scorpio Electrical.
He took over Scorpio Electrical after his dad approached him with the concept, who initially requested him if he wished to steer the Alfa Romeo distribution enterprise unit. He contemplated on the supply for 2 weeks, and finally determined to return to the household enterprise as a result of he believed he was in the very best place to assist his household.
I got down to give attention to making ready the Alfa Romeo distribution enterprise for the arrival of the brand-new mannequin line-up. A worthwhile automotive distribution enterprise would release optimistic cashflow for EuroSports World to reinvest into Scorpio Electrical.
Sadly, we had been unable to show the nook, and 6 months into the primary yr of gross sales I knew we needed to pivot. We managed to clinch the distribution rights to Jeep Indonesia, [and] I used to be excited to cater to a 270 million inhabitants market. The operations had been already laid out since we had been already the official Lamborghini Jakarta distributor, so off I went.
– Joshua Goh, CEO of Scorpio Electrical
Nevertheless, in late 2019, indications of the COVID-19 pandemic emerged and by early 2020, it turned evident that their efforts to introduce a brand new automotive model had been unsustainable.
They ended up regrouping and inspecting varied proposals to spice up income or cut back prices. Melvin discovered Joshua’s ideas spectacular, which prompted him to ask his son to help him at Scorpio Electrical.
“We’re making progress within the correct course, however there may be nonetheless a lot work to be performed as we’re solely starting,” stated Joshua.
Meet its flagship product, the X1
Scorpio Electrical’s flagship product, the X1, took 5 years to design, engineer, check, and validate.
In response to Joshua, the corporate’s X1 electrical motorbike is a game-changer.
The automotive ecosystem right here in Singapore is non-existent, and we wish to construct up Singapore’s capabilities in time. Nobody else in Singapore has since chosen this path because of the complexity, time and price concerned in such an train.
– Joshua Goh, CEO of Scorpio Electrical
Named after essentially the most highly effective star within the Scorpio constellation, the X1 is designed to problem the boundaries of city electrical mobility.
The X1 is a premium electrical motorbike that boasts spectacular specs, resembling a prime velocity of 105kph and an industry-leading vary of 200km on a single cost. It affords seamless cell software connectivity and is supplied with a wide range of sensors that collect real-time information for AI-aided predictive evaluation.
That includes a futuristic and distinctive design, the X1 is offered in a sensible maxi-scooter type that provides dynamic trip and dealing with qualities.
Good rider expertise and connectivity are integrated into this scooter, and it contains a everlasting magnet synchronous motor and a lithium manganese cobalt oxide battery that works in concord with its proprietary car management unit to energy the X1 flawlessly.
Charging forward to create a sustainable mobility model
Scorpio Electrical confronted many challenges in its early days. The corporate needed to arrange the workforce correctly, and it took them a full yr to take action.
Discovering the proper expertise and establishing a provide chain ecosystem had been a few of the key challenges confronted. “Not everyone seems to be courageous and keen to work at or do enterprise with a startup,” stated Joshua merely.
At Scorpio Electrical, Melvin was the driving pressure within the early design and improvement of the model, the product, and the corporate tradition. In the meantime, Joshua’s objective was to be taught as a lot as he might in regards to the firm’s current and future plans and guarantee constant and coherent communication inside the organisation.
The corporate have been lucky to garner the assist of native authorities businesses in a few of its company and engineering associated issues. This assist helped the corporate overcome a few of the challenges, and it’s now on the cusp on a serious breakthrough.
The COVID-19 pandemic disrupted international provide chains and delayed most of Scorpio Electrical’s plans, but it surely additionally highlighted the necessity for sustainable vitality options, which have change into much more pressing in latest instances.
On the finish of 2021, we had a digital pre-order launch of the X1. The orderbook has been sturdy, and our followers and supporters are eagerly anticipating the deliveries of the X1 within the second half of 2023. Singapore is our house [so] we can have our unveiling of the X1 right here.
– Joshua Goh, CEO of Scorpio Electrical
He added that the X1 is a European homologated worldwide product, and any market that accepts the European homologation requirements as a reference level might be Scorpio Electrical’s enjoying subject.
Leveraging on EuroSports World’s robust distribution expertise, they may work carefully with their companions to arrange direct gross sales or distribution channels inside the Asia Pacific and European territories.
Scorpio Electrical not too long ago raised US$6.75 million in funding in January this yr, which might be used to fabricate the primary batch of X1 pre-production prototypes. Over the course of improvement and testing, Joshua stated that “the X1 will look extra particular in its closing type.”
The corporate has the backing of buyers who perceive its imaginative and prescient, and the brand new injection of funds will allow Scorpio Electrical to proceed creating modern and sustainable electrical autos.
“This yr is an thrilling yr for us. We proceed to put the inspiration of the enterprise, whereas harvesting the seeds we sowed for the previous 5 years. As we lay out strong distribution channels throughout the areas for future product commercialisation, we’re lastly seeing our Scorpio Electrical bike on the highway this yr,” stated Joshua.
“Nonetheless, our workforce is working relentlessly on designing, prototyping and testing plans for future mannequin line-ups. We are going to proceed to push the boundaries to welcome a brand new period of electrical mobility,” he added.
Featured Picture Credit score: Scorpio Electrical
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