16 October 2024

Electric Motorcycle Company Energica has filed for bankruptcy

According to reports in Italy earlier in the week, Energica Motors was reportedly in danger of going bust as the electric motorcycle company has already laid off employees and has narrowly avoided eviction.

Emergency meetings to try and find a solution were held on Monday and Tuesday, however, a press release has been made by the company announcing its plans to file a bankruptcy judicial liquidation pursuant.

An electric motorcycle supplier as well as a supplier of MotoE bikes for several seasons, Energica has held a strong position within the racing and motorcycle sales sectors. But that hasn’t been able to stop the company from reaching its sad end.

Given its previous success, sections of the Italian media allocated blame towards Energica’s American parent company, Ideanomics. READ MORE...

This is really sad news. I've had the pleasure of riding a couple of their bikes: the Ego - an amazing electric superbike & the Experia - an adventure tourer. Fantastic bikes, top notch build quality, truly premium products: electric exotica! Another example of why electric just isn't working out...

www.visordown.com


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