It's actually putting down more than that; besides the transmission gearing, you also have the ratio between the output sprocket and the rear wheel sprocket, assuming chain or belt drive.
The Zero SR has a 30 tooth front, 132 tooth rear sprocket. That means the motor is turning 4.4x as fast as the rear wheel, and also wheel torque is 4.4x as high as motor torque. So 106 ft-lb at the motor will be 466 ft-lb at the rear wheel. Of course, as vehicle speed and wheel RPM increases, motor RPM will increase as well; and around 2350 RPM (motor) = 39.2 mph the torque will start to fall off.
Compare that to a conventional motorcycle, which has a primary drive ratio, transmission gear ratio, and final drive ratio which all amplify torque. A Hayabusa has a 1.596 primary drive ratio, 2.352 final drive ratio, and in 1st gear has a 2.615 ratio. Multiply all of those up for a 9.82x multiplier.
At a 10 mph roll, for example, the Hayabusa rear wheel will be turning at about 137 RPM and the motor will be turning at about 1345 RPM. Most dyno plots for the motor don't go down that low, but the trend indicates it will be producing about 60 ft-lb at the motor at that RPM. With all of the multiplicative effects of the transmission, it should then produce about 590 ft-lb at the rear wheel.
Brammo Empulse R for reference has about 650 ft-lb in 1st gear.
All of that is ignoring the drag effects of the transmission and drive systems (gearbox will be higher drag), vehicle mass, clutch and flywheel effects, etc.