No it doesn't, no gearbox limits electrics, put two gears in like Rimac did with a sportscar and suddenly they can apply their torque at a higher speed and no longer be limited to 112mph.
Also, it'll feel more like a motorcycle to ride, which can only be good.
Bike looks good though, and 240 miles is a great range for a bike you won't take on proper trips but stick to commuting and day trips, I don't believe the 240 miles number in real like conditions though.