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[2morrowsGains]

SEV...Earlier this month a strategic partnership was announced between Brammo & Team Industries. (The news is posted below). Interesting thing is, Sevcon supplies Brammo w/ motor controllers...
This is from Brammo's website...
http://www.brammo.com/partners/

This is from Sevcon's website...
"Sevcon is integral to our product
development process and a valuable long
term business partner. We are very
pleased with the performance of the
Sevcon Gen4 controller."– Craig
Bramscher, CEO & President of Brammo,
Inc.
http://www.sevcon.com/media/51389/overview_case_study_draft_4.pdf

Team Industries is a manufacturer of hybrid powertrains in the U.S.

And here's the kicker...These are comments taken from Sevcon's Q2 FY2014 cc...
"Overall, our new business pipeline has never been stronger. It’s our policy not to discuss specific customer relationships until we’re in commercial production and shipping in volume. Looking at the pipeline in general, we’re encouraged by the progress we’re making with a group of customers working on hybrid electric vehicle technologies. One of them is a manufacturer of hybrid powertrain conversion systems in the U.S."

So maybe Sevcon will play a part here???

"If successful, Team and Brammo will snag up to 5 percent of an electric-vehicle market that is worth billions of dollars, Bramscher said. “The market potential is in the tens of billions of dollars,” he said. “We’re excited.”

This is all just speculative, but there is a round-about connection.
Anyway, here's the news...

TEAM INDUSTRIES ENTERS INTO STRATEGIC PARTNERSHIP WITH BRAMMO INC.
7.8.2014

BAGLEY, Minn., and TALENT Oregon, July 7, 2014 — TEAM Industries a market leader in drive train technology and Brammo, Inc. a leading electric vehicle technology company have entered into a strategic partnership. As part of this partnership TEAM Industries will become an investor in Brammo Inc., TEAM Industries will also work in partnership with Brammo to design and develop world class electric vehicle drivetrains for the next generation of electric vehicles.

David Ricke, TEAM’s President and CEO stated, “We’re delighted to enter into this strategic partnership with Brammo. Both companies are innovators and we have a strong cultural fit between our two organizations. The electric vehicle market is a growth market and Team and Brammo will be providing a wide range of solutions for OEM manufacturers.” Ricke, continued, “Brammo has developed Motorcycle race winning EV technology and we will be partnering with them to bring this technology to adjacent markets.”

“It is critical to our success that we continue to build our strong reputation for quality and innovation,” stated Craig Bramscher, CEO and founder of Brammo, Inc. “TEAM Industries has an outstanding track record of developing and delivering performance and reliability enhancing drive train components to OEMs. We are very excited to work with Team to create a broad range of EV drivetrain solutions for diverse markets around the world.”
http://www.team-ind.com/news/article/team-industries-enters-into-strategic-partnership-with-brammo-inc

TEAM INDUSTRIES AIMS FOR ALL-ELECTRIC FUTURE
Article by: DEE DEPASS , Star Tribune Updated: July 9, 2014 - 9:55 PM

A Minnesota-based drivetrain company and a West Coast electric vehicle maker have an ambitious plan to convert more of America’s gas-powered commercial and recreational vehicles to electric.

This week, Team Industries in Bagley and Oregon-based Brammo Inc. entered a partnership to create systems that will allow ATVs, snowmobiles, buses, boats, motorcycles, golf and utility vehicles to run on lithium-powered batteries. The key is to make batteries that juice up quickly and hold their charge longer than what’s now available, officials said.

“Both companies are innovators, and we have a strong cultural fit,” Team Industries CEO and President David Ricke said. The plan for the budding partnership is to focus on converting the fuel source on every type of vehicle but cars.

Craig Bramscher, the CEO and founder of Brammo Inc., started the company in his garage in 2002. Since then, Polaris, Best Buy and several venture capital firms have invested in the company. This week, Team Industries became a minority investor.

Going forward, Brammo and Team Industries expect to help original equipment manufacturers (OEMs) solve problems and convert vehicle power sources from gas to electric without sacrificing speed or efficiency.

Brammo is best-known for its electric battery power packs, vehicle chargers, grid connectors and for building its all-electric racing motorcycles, the Empulse and the Enertia.

At the same time, Team is well known for the transmissions, axles, gears and drivetrains its been making for 47 years.

“In a nutshell, they have the expertise on the electrical side of the equation and we are the experts on the mechanical side. So there is a very good fit for us technology-wise,” said Team Industries spokesman Tony Passanante.

Team Industries, which has six Minnesota plants, machines parts for Polaris, Arctic Cat, Yamaha and Honda.

Brammo makes electric motorcycles for consumers. And it makes parts for Medina-based Polaris, which manufactures all-terrain vehicles (ATVs), snowmobiles, motorcycles and electric vehicles.

In 2011, Polaris bought the low-speed Global Electric Motorcars (GEM) from Chrysler and the French-made Goupil Industrie line of “ultralight” industrial electric/hybrid trucks that sell in 18 European countries. In April 2013, Polaris bought A.M. Holding S.A.S., which makes the Aixam Mega line of electric or diesel quadra­cycles and light-duty commercial vehicles. Now it appears Polaris may have some interest in spreading its passion for electric power into its other products. Polaris officials could not be reached for comment Wednesday.

If successful, Team and Brammo will snag up to 5 percent of an electric-vehicle market that is worth billions of dollars, Bramscher said. “The market potential is in the tens of billions of dollars,” he said. “We’re excited.”

Bramscher added that Team Industries and Brammo will first try to expand their product offerings with existing customers such as Polaris and with manufacturers who make motorcycles, utility vehicles and tow vehicles such as those used to haul jetliners into hangars.

Manufacturing is expected to take place both in Oregon and in Bagley, where Team Industries has its own foundry.
http://www.startribune.com/business/266529581.html