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13 January 2020

Business

The safest and most eco-friendly motorcycle - ever

In most cases the words ‘safe’ and ‘motorcycle’ are rarely considered to be synonymous. You can faintly hear the voice of your significant other in the back of your head, forbidding you from even considering the purchase of any such vehicle, mainly due to how dangerous they’re perceived to be.

What If I were to tell you, your argument to the contrary is about to receive a sudden burst of validity? Damon Motorcycles just won a Best of Innovation Award at CES 2020 in Las Vegas for its forthcoming AI-enhanced and electric-powered motorcycle. Damon Motorcycles have optimistically pronounced it as “the world’s smartest, safest and most powerful electric motorcycle.”

The Damon Hypersport has over 200 horsepower and boasts 200nm of torque at 0 RPMs, which puts it well above the power of any other electric-powered bike out there. It also has a top end speed of over 320 kph – which doesn’t sound all that safe, right?

The gambit of enhanced safety features stem from predictive AI and deep learning ‘CoPilot’ software that works in conjunction with 360º cameras and sensors. This system alerts riders to threats on the road by visually keeping track of up to 64 moving objects around the bike. It also learns from a rider’s driving habits and adjusts accordingly, using this onboard AI. This predictive AI technology was designed with the goal of delivering a smarter and safer experience for riders that aims to reduce incidents worldwide.

That’s not all either - the bike will also include 4G, Wi-Fi and Bluetooth to keep up with the always connected smart vehicle technology that consumers want. The Hypersport has a range of over 480 kilometres on the highway and over 320 in the city, and is currently available for pre-order on the Damon website.

Now that you’re armed with all this knowledge, it might be a good time to revisit the debate with your significant other, who’s dead set against you buying a motorcycle. Who knows, with the eco-friendly and ultra-safe angle on your side, you might just win this one.


LendCare to be acquired by goeasy Ltd.

LendCare to be acquired by goeasy Ltd.


On April 12, 2021, we announced that LendCare has entered into an agreement to be acquired by goeasy Ltd. goeasy is one of Canada’s leading providers of non-prime leasing and lending services offering a wide variety of financial products that help put Canadians on a path to a better financial future.


We are excited about what this strategic acquisition means for LendCare, our employees, customers and our partners. We will continue to build on the incredible growth we have achieved to date and accelerate our growth strategy as goeasy makes investments in the LendCare business.


LendCare will continue to operate as it does today, so there are no changes to how you work with us. Our existing leadership team will remain in place and you will continue to work with the team as you always have, business as usual. Our teams will continue to provide the high level of support you are used to receiving.


Read more about this announcement.