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B2B News | EICMA 2024 news | Guy Salens – THE PACK: “I am excited to share that our platform has been selected by Yadea, a leading company in the e-mobility industry worldwide, for their marketing and promotion efforts. Yadea offers an impressive collection of electric motorcycles, mopeds, bicycles, and kick scooters. We will be collaborating with their team at EICMA in Milan to produce informative articles about their range of products on THE PACK website.”

Yadea ‘Kemper’ YADEA ‘Keeness’ EICMA 2024

During EICMA 2024, Yadea will be displaying their range of electric vehicles, including the motorbikes ‘Kemper’ and ‘Keeness’. Interested individuals can book a test ride online using the provided QR code here below.

Stay tuned for more Yadea news in the future.

YADEA >

Source: sponsored press release BALISTRON | As EICMA 2024 Milan’s global motorcycle event approaches, BALISTRON – an all new electric born mobility brand will have a World Premiere during the event.

Founding partner and executive Mert Gucluer says “We are excited to launch BALISTRON during the EICMA 2024 upcoming November. This will be the first ever contact of the brand and first line up of models with the corporate partners and motorcycle enthusiasts from all around Europe.”

Following more than 20 months of technical development studies and testing BALISTRON is ready with a line-up of products to enter European markets.

“We aim to be an alternative new energy company” says Mert Gucluer, founding partner and executive of BALISTRON. “We focus on a new line of products in mobility with electric power. Two wheelers have been only a starting point of our business and soon we will introduce four and three wheelers. Yet will not stop there and move into mobility in sea and air as well. One thing in the DNA for our brand is we put joy of driving and easiness of ownership with high standard comfort and safety features in the first place and design the concept around these aspects.”

BALISTRON’s arrival in the European markets will include a scrambler, naked, sport and a cruiser totally four different styles of motorcycles.

Coming from auto and moto industries, management of BALISTRON bring the high standards of safety and comfort. “We bring a difference into options list of the customer” says Mert Gucluer. “We choose to positively surprise the customers with options made standard that are not even available in competition. On the technical side we also focus on the top quality componets to work in harmony for optimal results. BALISTRON is not a hyper performance brand but on the other hand we bring the best possible combination of what customers need in their daily ride.

BALISTRON will be in HALL 15 stand no U29

About BALISTRON

BALISTRON was founded in 2022 although the idea of investing into Electric mobility already dates back to late 2020. Aiming to become a leader in innovative transportation solutions, dedicated to creating sustainable, efficient, and eco-friendly mobility options for urban environments. With a focus on cutting-edge technology and environmental stewardship, BALISTRON strives to make a positive impact on cities and communities worldwide.

BALISTRON >

Key Brand Attribute:

The BALISTRON model stands out with its unique and easily recognizable design details. It is highly equipped with features that prioritize safety and comfort. With exceptional build quality seamlessly integrated into a lifestyle-oriented design, Balistron products are stylish, artistic, and exciting. Their eye-catching designs are easy to spot from afar, delivering optimal performance and range. Developed with a focus on durability and longevity, they showcase a remarkable artistic side.

BALISTRON is currently developing distribution channels across Europe.

The team behind RALLY-WIND Motorcycle consists of a dedicated group of motorcycle enthusiasts. They have created their first electric model, the RW-EX1, with the goal of leading the way into the future. The motorcycle is equipped with a rear hub e-drive motor and a dual battery module that can be easily swapped out for upgrades. These key elements can be enhanced with high-quality components to maintain the motorcycle’s high-performance capabilities. Meanwhile, the chassis boasts a classic design, constructed using lightweight aluminum technology. RALLY-WIND Motorcycle© is a registered trademark of RW&DITOLU HK Co. Ltd.

Join them at the EICMA event from November 5th to 10th, 2024 to see Rally-Wind Motorcycle’s new RW-EX1 Cafe Racer 125, designed for city commuters. Hall 09 | M80.

At the upcoming Milan Show, Indian brand Ultraviolette will debut the F77 MACH 2 motorcycle to the public. This marks a significant milestone as the F77 becomes the first Indian electric bike to receive certification under UNECE regulations, allowing it to be used on roads in 40 countries, including those within the European Union. The bike is equipped with an electric motor capable of producing 40 horsepower and 90 Nm of torque, as well as advanced features such as full-LED lights, a 5-inch TFT display, three regenerative braking modes, adjustable suspension, Bosch ABS, radial brake calipers, and traction control. Furthermore, the F77 MACH 2 has obtained road approval for A1 and A2 license holders across Europe and other global markets.

Discover more @EICMA, Hall 15 | Booth M02.

Picture © EICMA Ultraviolette Automotive unveiled their F77 MACH 2 – Launch Video

At the Vmoto booth (I54 | Hall 9), there will be a special focus on the new EMS (Electric Mobility Solution), an all-in-one system designed to address the challenges of recharging and range for electric vehicles in urban areas. This service is suitable for both individual consumers and businesses. To showcase this innovative ecosystem, Vmoto will have a dedicated area called ‘The Cube’ at EICMA, where visitors can explore and get a first look at a new product for inner-city transportation. There will also be exclusive 20-minute workshops for journalists, customers, and potential partners led by Adam Cui, Vmoto’s B2B & Fleet manager, who will provide insights into the future of electric mobility. Additionally, Vmoto is offering support to potential customers who are interested in managing their fleets more efficiently (upon request).

Discover more @EICMA, Hall 9 | I54

Picture © EICMA Vmoto unveiled new fast charging battery at international press conference in Italy

B2B News | Source: TechCrunch | According to a recent filing with the U.S. Securities and Exchange Commission, Zero Motorcycles Inc. is currently finalizing a new funding round of over $120 million. The filing indicates that two undisclosed investors have already invested around $100 million in equity. A spokesperson for the company confirmed that they are indeed raising funds, which will be used for expansion and developing new models, though they declined to provide further details. Full article at TechCrunch >

Source: TechCrunch | Infinite Machine has announced that they have successfully raised $9.3 million in Seed funding from multiple investors. The injection of capital will allow Infinite Machine to debut their first vehicle, P1, and establish a solid foundation for future development of larger vehicles. Their ultimate goal is to create the best non-car vehicles in the world and accelerate society towards a post-car future. The team is excited to team up with such influential investors to bring this vision to life. To read the full article, visit TechCrunch’s website >

Infinite Machine introduces its new personal electric vehicle P1

Introducing the newest addition to the Electric Motion family: the Escape SE. Specifically designed for nature enthusiasts and adventure seekers, this model is perfect for those seeking a tranquil experience in the great outdoors. Whether you’re new to riding or an experienced pro, the Escape SE caters to all skill levels with its exceptional handling and agility. Take on any terrain with ease – from trails and forest paths to rugged mountain tracks.

With the Escape SE, freedom is just a ride away. Its electric engine allows you to enjoy the peacefulness of your surroundings without disturbing them. Easy to handle for beginners and thrilling for off-road enthusiasts, this vehicle is the ultimate companion for endless exploration.

Not only is it accessible and user-friendly, but it’s also budget-friendly, making it the perfect option for outdoor adventures without compromising on quality or experience.

Specifications

• 2 colour versions
• Maximum speed: 75 Km/h
• Range: 61 Km
• Weight: 82 Kg
• Torque: 600 NM
• Seat height: 820 mm
• Wheel base: 1325 mm
• Ground clearance: 320 mm
• Footpegs height: 360 mm
• Width: 825 mm
• Frame: 15CDV6
• Front brakes: Disc 182 mm / 4 pistons racing
• Rear brakes: Disc 150 mm / 2 pistons
• Front rim: Morad Trial 1.6’’x21’’
• Rear rim: Morad Trial 2.15’’x18’’
• Tyres: Michelin Anakee Wild
• Front suspension: Steel TECH 175 mm
• Back suspension: R16V 170 mm
• Energy: Li-ion
• Voltage: 50,4V
• Capacitty: 2690 Wh
• Weight: 14kg
• Charger: 15A
• Charging time: 3h20
• Nominal power: 6 Kw
• Peak power: 11 Kw
• Maps: 3 (unlimited with EM Connect)

EICMA 2024

Electric Motion (EM), will be present at the world’s largest motorcycle trade show, EICMA, which will take place in Milan from November 5th to 10th. EM invites you to visit its partner ARTEIN’s stand, located in Hall 11 – G32. It will also be the perfect opportunity to discover the brand’s latest model, the Epure FACTOR-e, as well as its latest technological advancements, combining performance and silence.

ELECTRIC MOTION (EM) >

Author: Marco Ghezzi | This publication is a collab between Marco Ghezzi, an Italian journalist focused on electric motorcycle news and promoting electric mobility through the eV-Now! Foundation and THE PACK.

In mid-October, Energica, a company specialized in the production of high-performance electric motorcycles, due to the ongoing reduction and subsequent freeze of financial support from its main investor, the American fund Ideanomics, was forced to halt production and file for judicial liquidation.

“A required legal action,” they state at Energica. “With the judicial liquidation filing, the court will assess the company’s financial situation to determine whether it can be restructured or if it must be liquidated to settle debts with creditors. This process could involve the sale of company assets, and depending on the court’s decision, there could be an attempt to save the company through a restructuring plan or proceed with its permanent closure.”

Despite some opinions that have appeared on social, Energica’s assets are still highly valuable and very appealing to potential companies and/or investors. It involves 50 highly specialized employees who have been part of Energica’s journey from the beginning, creating from scratch the most high-performance electric motorcycles on the market. These are people who know the technology inside out, the same who contributed to the international patents achieved over the years, and they could be crucial for a potential recovery. Today Energica has a warehouse at 60% capacity, capable of supporting production for the next two years, with an active customer portfolio, as evidenced by the French order of 200 motorcycles for state fleets. Despite this, for a true recovery, it is necessary to cover the production costs that the company has been unable to sustain in recent months.

The American fund Ideanomics, which had controlled 75% of the company since 2022, was impacted by the electric market crisis and the reduction of investments in the sector, significantly compromising its ability to invest in Energica. As a result, the agreed development plan was halted. However, it is important to note that Ideanomics believed in the Italian company, investing over 100 million dollars, even during the uncertainty brought on by Covid. Thanks to this, Energica was able to launch a new technological platform and introduce the green tourer Experia. Not to mention that Energica’s growth helped establish the “Electric Motor Valley,” as other companies linked to the electric market settled near Energica’s facilities.

In short, the value of the company is still “alive”: technological assets, professionals, and know-how. It’s a very attractive mix for industrial investors, with the hope that it can remain in Italy, despite the country being a challenging environment for doing business.

ENERGICA > Marchel Bulthuis, the Dutch importer of Energica, responds to the current situation Energica Motor Company SpA announced that its Board of Directors meeting resolved to enter into a bankruptcy judicial liquidation Energica, a human and technological heritage to be preserved

Source: Press release GasGas | For 2025, this electric dirt bike is now water-cooled, better than ever, and built around a brand-new frame! The MC-E 5 now features all-new bodywork, a new shock position, and special graphics to indicate its battery-powered motor.

Introducing water cooling on the MC-E 5 is a real game changer. Not only does it keep the 5kW electric motor at a perfect temperature for consistent power, but it’s also extended the running time by 30%! One thing that does stay the same though is the fast recharging of the battery. It takes around 45 mins for an 80% recharge, and even better, it’s super easy to swap out the battery for a fully charged one, which means the fun doesn’t stop for long!

The MC-E 5’s frame is all-new for 2025. Designed specifically for this dirt bike, the chassis is engineered with refined flex characteristics. The end result? A much more stable and enjoyable riding experience for kids of all ages. The new frame also repositions the WP shock so that it performs even better, especially on the roughest of race tracks.

If you didn’t already know, the MC-E 5 is a fully fledged motocross bike. And it’s for this very reason that GasGas has fitted the same style bodywork that you’ll find on their full size models, just scaled down accordingly to create perfect, kid-friendly ergonomics. The 2025 MC-E 5 is a lot easier to have fun on as the riding experience is a considerable improvement over the outgoing model. The new graphics, featuring a splash of blue to highlight its electric drive, create a cool look for the little red ripper.

It makes no noise, meaning it can be ridden almost anywhere. It offers six ride modes, so progression is controlled. And the overall height can be adjusted so that kids can keep riding the same bike as they build up their skills and confidence. Built with plenty of safety features and high-quality parts, the MC-E 5 looks as great as it performs, thanks to its black handlebars and rims.

Technical Highlights

• New water cooling – maintains a perfect motor temperature for consistent power and a 30% longer running time.
• New bodywork – Taken from the full-size motocross bikes and scaled down perfectly for the MC-E 5.
• New frame design – Designed specifically for the bike and repositions the WP shock for improved handling and comfort.
• New NEKEN handlebars and ODI grips – Black anodized and with a smaller diameter at the ends for maximum control, grip, and comfort.
• Water and dust-resistant motor – The 5kW motor is pretty much maintenance-free thanks to its clever design.
• Rechargeable Lithium-ion cell battery – Now features a more durable plug for improved longevity and can be connected to any 110 or 230 Volt socket. It’s also easy to swap using basic tools.
• Control Center – Where one of six ride modes can be engaged for controlled progression and cater for beginners through to fearless youngsters.
• Adjustable seat height – Allows kids to keep riding the same bike to build up their skills and confidence.
• Adjustable WP XACT suspension – Provides comfort and the option for riders to create a perfect set-up.
• Hydraulic brakes and wavey disks – For consistent performance at all times in all conditions.
• Rear brake pedal – Just like a full-size dirt bike for kids to get used to using their foot for braking from a very young age.
• Black anodized rims – Made from strong and light aluminum
• MAXXIS MX-ST tires – Provide excellent grip and traction to instill confidence in every young rider.
• Fiberglass-reinforced subframe – Super strong and lightweight for a low center of gravity.
• Rollover sensor – Stops the motor when the MC-E 5 is laid over.

More info about prices & specifications, please visit:

GASGAS MC-E 5 >

The 2025 Can-Am Pulse and Can-Am Origin all-electric motorcycles were already available for pre-order, as announced here at THE PACK last August. BRP Inc.’s brand, Can-Am, is now excited to present the much-awaited release of their 2025 Pulse and Origin lineup of all-electric motorcycles at EICMA 2024.

The Can-Am Pulse is designed specifically for urban use, with a design that includes a large touchscreen display (10.25 inches) with Apple CarPlay. This allows riders to easily navigate and stay connected to each ride through the BRP GO! App.

For those seeking adventure beyond city limits, the Can-Am Origin is engineered to be the ultimate choice. It shares the same technology as the Pulse, such as Active ReGen and connectivity features, but also boasts the rugged DNA and motocross heritage of Can-Am, with enhanced suspension and dual sport tires for all-terrain readiness.

CAN-AM MOTORCYCLES >

Both the Can-Am Pulse and Origin come equipped with a durable 8.9 kWh battery that has been tested in extreme conditions, from scorching desert heat to freezing winter temperatures. With this powerful battery, the Can-Am Pulse can reach an estimated range of up to 160 km (100 miles) in the city, while the Can-Am Origin can go up to 145 km (90 miles).

Visit Can-Am/BRP Inc @EICMA 2024, Hall 18 | Stand A54.

Can-Am 2025 electric motorcycle lineup pre-orders now open

The German electric mobility company eROCKIT is expanding its reach to global investors with a persuasive appeal. In an impactful video, founder Andy Zurwehme speaks to potential investors from all corners of the world, presenting an inventive business concept that promises to transform the future of transportation.

eROCKIT has created a unique mode of transportation that combines the best elements of eBikes, traditional bicycles, and motorcycles, all powered by their revolutionary Human Hybrid drive technology. This innovative system enhances the rider’s pedaling effort, allowing for effortless acceleration up to 100 km/h (62 mph), defining a new type of two-wheeled travel. eROCKIT became well-known for being the fastest street-legal eBike on the planet.

“Our company is six years old, and we’ve already built a game-changing product,” says Andy Zurwehme, Chairman and founder of eROCKIT AG. “But in Germany, startups and innovative companies are struggling. Without the courage and capital from investors, they are dying before they can realize their full potential.”

Key Achievements:

• Approved by authorities & fully road-legal
• World Manufacturing ID Number (WMI) certified
• Over 500,000 miles driven by customers, tested by world champions
• “Limited Edition 100” delivered to customers
• High demand from nearly 100 countries
• +400 German shareholders at eROCKIT AG
• Over 270,000 followers on social media

Although the company has already garnered considerable interest and demand, eROCKIT is now seeking visionary investors to expand their operations globally and introduce their groundbreaking technology to new industries, such as marine transportation and beyond. In Germany, innovation often faces challenges due to limited funding and support, which is why eROCKIT is looking towards the global market for its next breakthrough.

“We need investors who share our vision and want to help us take this extraordinary technology to the world. This is more than just a product—it’s the future of sustainable, high-performance mobility,” Andy adds.

eROCKIT >

The electric drivetrain designed by Lizcat for motocross bikes is now ready to go into production. According to Sascha Brodbeck, the CEO and co-founder of Lizcat GmbH Electric Motocross Powertrain, it is one of the few systems in the world that can withstand the demands of a professional racing level for an entire race distance.

Now, Lizcat is seeking investors or partners to help take their product to the next level. Whether you want to bring their product to market or use their technology and expertise to improve your own bikes, they are prepared to collaborate with you.

Their drivetrain is compatible with various brands of motocross bikes, and they can adjust brackets and other components to fit different manufacturers’ chassis.

After 3 years of hard work and testing, their winning machine is capable of competing in international motocross races alongside top riders. This innovative design was entirely developed by a small team in Switzerland.

LIZCAT > Fantic Netherlands collabs with Lizcat for a custom-made electric enduro Fantic XE1 Silent attack with the electric motorcross conversion-kits developed by Lizcat from Switzerland

After its initial release in the market, KTM’s electric FREERIDE concept has undergone a complete revamp and is now being reintroduced as the 2025 KTM FREERIDE E. This model marks the company’s continued dedication to exploring the freedom, practicality, and vast potential of off-road e-mobility. Accompanied by renowned hardenduro rider Manuel Lettenbichler, this bike represents a significant achievement for KTM, a decade since the original electric FREERIDE concept was introduced. Lettenbichler’s endorsement of the bike further showcases its exceptional performance in challenging off-road environments, solidifying its capabilities at the highest level of the sport.

KTM values the advantages of their platform, and the KTM FREERIDE E embodies those virtues perfectly. Not only does it address environmental concerns with its low emissions and nearly silent noise, making it suitable for riding in various locations, but it also boasts the benefits of low maintenance. This all-new bike is an ideal choice for riders who want to experience trial-like capabilities without being hindered by traditional trials bikes’ limitations, such as lack of seating, short gear ratios, and excessive noise. With instant torque and power, and a handlebar-mounted brake setup, experienced riders can focus on perfecting their technique and positioning while providing new riders with an easy introduction to the joy of riding.

In 2014, KTM introduced the KTM FREERIDE E in both Enduro and Motocross versions. A street-legal version was later released for urban commuting and recreational riding. Ten years have passed since then, and technology has advanced significantly, resulting in improved and lighter hardware, as well as cleverer software. The latest iteration of the KTM FREERIDE E shows that the company firmly believes in the potential of battery power. The 2025 model is a natural progression from the recently released KTM SX-E minicycles, which provide an excellent introduction to future riders.

So, what’s new?

KTM’s R&D department has been hard at work to introduce a thrilling take on electric drivetrain technology for the KTM FREERIDE E platform. With a nominal output of 11 kW, peak power of 19.2 kW, torque exceeding 37 Nm, and a maximum speed of 95 km/h, the motor is not only powerful but also operates quietly and stays cool. It is also water and dustproof and seamlessly integrated into the overall design and feel of the motorcycle. The engine offers three ride modes (ECO, NORMAL, SPORT) and three energy recuperation settings (OFF, MID, HIGH) for customizable range and power options. Traction control can be adjusted to limit or increase wheelspin. Additionally, there is a safety feature in the form of a ‘rollover sensor’ that cuts power in case of an accident.

KTM focused on creating a motorcycle with agile and lightweight handling, so they designed a brand new chassis. By altering the geometry and widening the wheelbase for increased stability and comfort, they were able to keep the chassis slim and lightweight. This was achieved by hinging the chrome-molybdenum steel frame on the load-bearing engine and battery architecture. The final weight of the ride-ready bike is expected to be less than 112 kg, thanks in part to the use of aluminum and glass-fiber reinforced nylon in the subframe. The seat height for the KTM FREERIDE E is 910 mm.

The MX50 Lithium-Ion battery, weighing 29 kg, has undergone rigorous testing and proven its durability in the most extreme conditions. It is designed to be interchangeable, allowing for the use of a second pack during charging or for extended travel time. With a capacity of 5.5 kWh, it boasts an improvement of 1.5 kWh compared to the previous KTM FREERIDE E, offering 20% more riding time or distance. The battery can withstand over 1000 charge cycles before experiencing a decrease in effectiveness to 80%. For typical Enduro riding, it is estimated to last between 2 and 3 hours.

The KTM FREERIDE E is equipped with a 660 W charger that can fully charge the bike in 8 hours using a standard household power supply. If you only need to charge between 20-80%, it can be done in 4-5 hours.

The latest generation of WP Suspension offers reliable and durable handling. The front end is responsive, yet maintains stability when needed, thanks to the lightweight 43 mm WP XACT split design fork. On the left side, there is an air capsule for easy adjustment with a single air pressure valve and included air pump for preload. The right side contains the oil damping system with clickers for compression and rebound adjustments. The new WP XPLOR PDS system has been designed to provide 250 mm of travel on the rear. With optimized oil flow, riders can expect a consistent and smooth damping experience from the 374 mm shock. Additionally, the new bearing seals allow for longer service intervals. The WP XPLOR PDS also features tool-less clicker adjustments for quick modifications while riding.

Additional features include black aluminum wheels (equipped with flexible Michelin Enduro Medium tires for EU models), advanced BRAKETEC brakes with 260/240 mm discs in both the front and rear, a new Switchcube control unit on the handlebars, and in-mold graphics and design elements that seamlessly enhance the appearance and identity of the KTM SX and KTM EXC series.

Designed for the ultimate off-roading experience, the 2025 KTM FREERIDE E is a versatile electric dirt bike that also boasts road-legal capabilities thanks to its road homologation. This unique feature allows riders to explore untouched trails and seamlessly transition onto public roads without any legal hurdles, making it the perfect choice for all-around adventure seekers.

2025 KTM FREERIDE E Technical highlights

• New 2025 model from the ground up, new in-house KTM drivetrain
• 11 kW nominal power, 19.2 kW peak power, 37 Nm of torque, and a top speed of 95 km/h
• 20% more battery potential. 8h charging time with 660 W unit, 1.5h with 3.3 kW power charger (0-100% capacity) & 5.5 kWh battery capacity for 2-3 hours of Enduro riding time
• 21”/18” aluminum wheels
• Adjustable and light WP XACT and XPLOR suspension technology redesigned chromoly steel frame purpose-built for the platform and 112 kg total weight
• Removable battery in less than ten minutes

The 2025 edition of the KTM FREERIDE E will start production in Austria in December and can be purchased at authorized KTM dealers starting January 2025.

For more information about FREERIDE E, please visit KTM’s website (all pictures © KTM)

KTM >

Source: EICMA News | The Mobster, a sports scooter offered in three different options (125cc, 180cc, and electric), is one of Velocifero’s latest models. The electric option, the Mobster has a 4000 W engine with 232 Nm of torque and a top speed of 110 km/h. Its battery, with a capacity of 72 V and 2880 Wh, allows for a range of 100 km when advanced braking system and a 5-inch TFT dashboard for easy navigation. Get a first look at the Mobster at EICMA 2024, Hall 9 – Booth I58, where it will be showcased in four stylish colors: Yellow, Red, White, and Grey.

VELOCIFERO >

Source: Renault | Ateliers HeritageBike | Renault presented its Renault 4 with its mini-caravan, plane, electric motorbike and water bike, inspiring visitors to dream of adventures on land, sea and in the air.

© THEARSENALE 4 movements

4 movements is part of Renault’s ambition to work with the French firms inventing tomorrow’s mobility to create a new sustainable ecosystem. This launch is a key stage in Renault’s plans to transform the way we get around, through eco-friendly solutions and a smarter approach to mobility that is also more fun.

These four means of mobility are intended for small-scale production. They will be available from next spring, like Renault 4. One of these French companies is Ateliers HeritageBike.

© THEARSENALE Ateliers HeritageBike

Ateliers HeritageBike has a unique vision for electric motorcycles compared to other manufacturers. While some are focusing on modern and futuristic designs, they firmly believe that an electric motorcycle should evoke a strong emotional response. It should capture the imagination with its graceful lines, balanced curves, and stylish aesthetics. This was the inspiration for the ‘Heritage Spirit Scrambler’, a dynamic homage to the iconic motorcycles of the Steve McQueen era while also embracing our rich heritage.

Heritage Spirit Scrambler

Xavier Wargnier, co-founder Ateliers HeritageBike: “Created in partnership with Renault for the 2024 Paris Motor Show, this exclusive edition of only 10 units (26 900,00 €) has already become a symbol since its initial reveal! This new electric motorcycle, entirely manufactured in France, has been reimagined with the iconic design and colors of the Renault 4. Its “Cloud Blue” shade and specific lighting pay tribute to the R4, while the seat is made with premium materials. Blending elements from the original sleek motorcycle with influences from the legendary R4, this unique collaboration offers a mix of performance, sophistication, and modernity. The revamped appearance incorporates details inspired by the renowned car, yet retains our Neo-Retro style.”

© THEARSENALE © THEARSENALE About Ateliers HeritageBike

Ateliers HeritageBike, a start-up located in Annecy, specializes in producing extraordinary electric bikes and motorbikes. Their products combine elegant engineering with environmentally conscious design, showcasing the best of French craftsmanship and expertise. The Heritage Spirit Scrambler is influenced by the aesthetic of the 1980s and comes equipped with a powerful 7 kW motor (providing 280 Nm of torque) and a battery capacity of up to 4.6 kWh, allowing for a standard range of 110 km.

ATELIERS HERITAGEBIKE >

Source: Bankruptcy Observer | On October 16, 2024, FUELL INC. (Wisconsin), filed for Chapter 7 bankruptcy with the US Bankruptcy Court for the Eastern District of Wisconsin under case number 24-25492. This marks a major step in the company’s efforts to restructure its finances. According to court documents, FUELL INC. is seeking relief from its debts through this bankruptcy filing and Judge Katherine M. Perhach will oversee the proceedings. The company’s primary address for all correspondence and filings related to the case will be 1012 Main Street, Mukwonago WI. A hearing has been scheduled to confirm the bankruptcy plan, which is expected to provide more information on the company’s financial responsibilities and restructuring plans.

According to its bankruptcy filing, FUELL INC. predicts that there will be enough assets in the estate to provide payment to unsecured creditors.

The first time that we wrote about Fuell was in March 2019: Official press release New York, Paris – 4 March, 2019 | “Erik Buell, the creator of Buell Motorcycles and a renowned engineer, has joined forces with Frédéric Vasseur, the team principal for the Alfa Romeo Formula 1 team and founder of Spark Racing Technology (which designs Formula E race cars), and Francois-Xavier Terny, an entrepreneur passionate about industrial projects. Together, they have united to provide a fresh perspective dedicated solely to urban riders.”

It is very sad to hear that we are once again losing a manufacturer of electric motorbikes…

Erik Buell is back with electric motorbike Fllow The urban electric commuter FUELL Fllow designed by Erik Buell is now opening orders FUELL Fluid E-Bike reaches already more than a million Euro on Indiegogo

Despite what other media may have reported earlier, Energica Motor Company has not declared bankruptcy. Marchel Bulthuis, owner of Electric Motorcycles Nederland and importer of the Energica brand, denies the inaccurate speculation and stresses that the Italian motorcycle manufacturer’s board has instead chosen to begin a liquidation process in accordance with Italian law. This could potentially allow for a chance at a fresh start.

“It is incorrect to suggest that Energica is in the final phase of bankruptcy,” he says. Bulthuis refers to the announcement made by the Board of Directors of Energica Motor Company on October 14, stating that the manufacturer is undergoing a liquidation process. However, there is no talk of bankruptcy.

Incorrect interpretation

Marchel Bulthuis: “Unfortunately, this message has been misinterpreted by the media. As the importer of Energica motorcycles, we have complete faith in the brand. While the recent news from this top Italian motorcycle manufacturer was unexpected, sensationalized reporting in the media does not aid in finding a resolution. It is crucial to remain composed and avoid premature assumptions in light of this situation.”

Full confidence

Bulthuis assures us that nothing is final yet, and there are still many opportunities available. As the importer of Energica, Electric Motorcycles Nederland, along with their dealers, will continue to provide the best possible service to current owners of Energica motorcycles. Bulthuis remains optimistic about a bright future for Energica Motor Company, whether through a restart or finding a suitable successor.

ELECTRIC MOTORCYCLES >

Tuesday October 15th, 12:33 PM – We just received the official press release from Energica Motor Company about its Board of Directors meeting decision concerning the bankruptcy judicial liquidation.

Guy Salens – THE PACK: “This is again a very, very sad day for the European electric motorbike industry. I am speechless and I still have to process the news, this is absolutely not a good sign for the electric 2-wheeler mobility. What happened? I am publishing the full press release from Energica here.

Official press release

Energica Motor Company SpA, a manufacturer of high-performance electric motorcycles 75% controlled by the American fund Ideanomics Inc., announces that its Board of Directors meeting held on 14 October 2024 at 3:00 p.m. resolved to enter into a bankruptcy judicial liquidation pursuant to art. 121 et seq. of the insolvency law.

Officially founded in 2014 as Energica Motor Company Srl, and with a design phase that began in 2009, the company has established itself over 15 years as a benchmark for high-performance electric mobility, demonstrating resilience and innovation.

Thanks to its technical know-how, considered the company’s main asset, Energica has introduced four technological platforms to the market and has served as the Unique Manufacturer of the fourth MotoGP electric category, the FIM Enel MotoE World Cup, for four consecutive years. Despite the challenges posed by the global pandemic, Energica achieved record sales volumes and revenues with the launch of the Experia model.

Energica’s entrepreneurial vision has been supported and financed from the outset by its founding partners, who in 2016 decided to list the company in the AIM Italia sector (now Euronext Growth Milan), dedicated to innovative Italian SMEs, to secure the necessary capital for growth that they could no longer sustain alone. The company was listed with a capitalization of €37.3 million.

In 2021, with the investment from Ideanomics Inc., Energica launched the Experia model, achieving record sales volumes and revenues of €13 million, a 200% increase compared to 2021.

In March 2022, Ideanomics successfully completed a voluntary takeover bid, which allowed the shareholders to transform the company into a private entity, making it more free and flexible in managing financing and agile in its growth.

However, the subsequent crisis in the electric market and the decline in sector investments impacted Ideanomics, and consequently, compromised Energica’s investment capabilities.
The company has also faced challenges from the downturn in the automotive market and supply chain, being particularly affected as a small and medium-sized enterprise. The commitment to its objectives and mission has remained steadfast, as demonstrated by initiatives like the solidarity contract aimed at safeguarding workers and overcoming the difficult period.

Despite the efforts from the management in actively and extensively pursuing a search for new investors – always with the aim of preserving going concern in the best interest of creditors – it has become clear in the last few hours that these alternative options are no more viable, thus leaving the company with no other choice than resolving for the opening of a bankruptcy judicial liquidation, thus allowing repayment of creditors to the extent possible from the proceeds of liquidation and according to pari passu rule and priority rankings.

Throughout its history, the company has consistently invested in its workforce, training staff in the most innovative skills in the electric mobility sector, without making any contract terminations in its 15 years of activity. The founding members have prioritized young talent, collaborating closely with schools and universities across the country and beyond. The average age of Energica employees has always ranged from 28 to 35 years.

Management has guaranteed salaries even during the most challenging periods, where necessary also thanks to the support of the Italian minority shareholders, always with a view to preserving business continuity and in the best interest of creditors and all stakeholders. In the last two years, some employees have voluntarily left the company; these professionals have since been absorbed by major players in the Motor Valley.

This press release is attributed to the founding members of Energica. It is noted that Ideanomics has chosen not to comment.

Energica timeline

Energica was born in the Italian Motor Valley, the land of legendary brands. Founded in 2014, CRP Group is an excellence in the world of world motorsport.

2014
launch of the first model, the Ego sportbike followed in 2015 by the Eva hypernaked. First legacy platform (Ego, Eva, EsseEsse9) with the same powertrain, 13.4 kWh battery and 150 km range.

2016
listing on the AIM Italia stock exchange – start of production.
2017 launch of the third model, the retro naked EsseEsse9 – the same technological platform, the legacy, of Ego and Eva.

2018
Dorna chooses Energica as the sole supplier for the first FIM Enel MotoE World Cup championship, the fourth category of the full electric MotoGP world championship. Together with Dorna, Energica forges an electric world championship, building rules and procedures that are still in force today.

2019/2022
4 years MotoE without any technical problems. Energica has been recognized by the financial market, which has allowed it to become self-sufficient and to self-finance, although not at the levels necessary for product industrialization, which is crucial for reaching break-even more quickly. This occurred especially during the significant challenges faced in the first year of competition.

2019
Energica introduces the 21.5 kWh battery with a range of up to 400 km. In 5 years, SME Energica has introduced 2 powertrains on the market (one with a 13.4 kWh battery and one with a 21.5 kWh battery, increasing the range of vehicles by 250 km, lowering the weight of its motorcycles by about 10 kilos).

2021
Launch of the new EMCE engine with industrial engine reshoring. A new technological platform with an EMCE motor with less weight and greater efficiency is therefore born. In these complex years marked by the global pandemic, Energica remains an Italian SME listed on the AIM that continues to invest with its own strengths, also doing reshoring and inserting a new technological platform.

March 2021 Ideanomics – new investor that allowed a technological boost: in 2022 launch of the Green Tourer Experia with new platform (+autonomy, -weight) and launch of the Energica Inside business unit (following the interest of large OEMs in Energica powertrains).

2022
Energica achieves record sales volumes and revenues of 13 million euros thanks to Experia and despite the covid years.
With the EMCE and Experia motor, Energica has launched, in 13 years of history, 4 technological platforms (with 13.4 kWh battery, with 21.5 kWh battery, with 21.5 kWh battery and EMCE motor, Experia platform).

2023
MotoAmerica Super Hooligan Championship with the Eva Ribelle RS with Customer Racing Kit. No electric vehicle had ever challenged traditional vehicles on the track, not even on four wheels and certainly not in a competition regulated by an international federation. She finished fourth in the championship and finished second in the Austin race at the Circuit of the Americas.

During the sixth round of the 2024 All-Japan Championship at Wakayama’s Yuasa Trial Park, Takahisa Fujinami claimed a debut victory for Team HRC with Honda’s new RTL ELECTRIC Prototype.

After a 21-year absence, Fujinami made his comeback to the All-Japan Championship at this weekend’s event in SUGO. It was also the official debut of the new RTL ELECTRIC Prototype. Fujinami rode with his signature number 27, which he first used in 1994 when he joined the top class of the All-Japan Championship. This number holds significance for Fujinami as it was also the number he used during his first World Championship in 1996 and represents two major challenges he overcame in the past.

Takahisa Fujinami, Team HRC #27:

“It has been a long time since I participated in a competition, and this was my first All-Japan Championship round after 21 years. Thanks to the development team for preparing a machine that allowed me to win under pressure. Despite some mistakes in the second half of the first lap and in the special sections, I am grateful to have secured this victory. In two weeks there’s next SUGO competition, and we will continue to refine the machine for optimal performance and aim for another victory. I am also thankful for the opportunity to reunite with the fans on the All-Japan stage. Your support helped me achieve this victory. Thank you very much.”

Fujinami was added to the RTL ELECTRIC Prototype team this spring, and he had only trained on the machine for a mere two weeks. Despite this short preparation time, he entered the competition with a fierce determination to come out on top. However, since he had no prior achievements in the All-Japan series, meant that he started at the very front of the race, which put him at a disadvantage when it came to measuring his competitors’ abilities. He faced a difficult challenge as he attempted sections that no one had ever completed before.

During the first lap, Fujinami easily took the lead with a strong score. As he began the second lap, he made some adjustments to his strategy. In the previous lap, he had lost 17 points in sections 7 to 11, but in this lap, he only gave up 7 points in those sections. Ultimately, his final score for the second lap was 14 points, securing his victory and leaving his competitors unable to catch up. It was clear that Fujinami’s victory was secured.

Hikaru Tsukamoto, Director, Honda R&D and Managing Director, Honda Racing Corporation:

“As this was Team HRC’s first race with the electric trial bike, I believe it was a day where rider Fujinami, the assistant, and all the staff learned a lot. We are very pleased with the result of securing 1st place, but we will remain focused for the rest of the planned races. Thank you to everyone who supported us in this venture.”