Dutch e-bike brand VanMoof has announced a new e-bike that the company says is capable of hitting speeds up to 31 mph. The VanMoof V is the brand’s first high-speed e-bike. Featuring two-wheel drive, front and rear suspension, thicker tires and a new frame design, the company says the VanMoof V will be optimized for smoother and longer-distance riding.

The bike’s dual motors will provide more powerful acceleration, while intelligent motor control will enhance traction for safety and performance. The VanMoof V will be packed with technology, including the company’s Turbo Boost, Kick Lock for keyless locking, automatic gear shifting and Theft Defense. The bike has an expected price of $3,598.

Currently in the engineering stage, the VanMoof V is available for invite-only reservations, with first deliveries expected by the end of 2022. The VanMoof V is a new addition to VanMoof’s e-bike lineup and will sit alongside the company’s S3 & X3 series.