Adding to this amount are other funds coming from the city of Santa Cruz and other contributors, which brought the total amount to more than $1,840,000.
As part of its next generation powertrain technology development program, Zero will combine the expertise of its internal development teams with leading component manufacturers, while also working with existing partners and electric drivetrain component suppliers.
"We are honored to receive this generous grant from the California Energy Commission and excited to develop this next generation powertrain technology in Santa Cruz," said Gene Banman, CEO of Zero Motorcycles, in a release.
"This is a milestone for us because it allows Zero to control the development of its entire powertrain just like legacy motorcycle manufacturers who build their own engines and transmissions. In addition, Zero's advancements in compact electric powertrains will benefit the powersports industry through the sales and licensing of the technology."
"Zero Motorcycles is a company that develops and manufactures innovative products in a competitive and sustainable manner and we fully support their expansion in Santa Cruz," said Bonnie Lipscomb, Director of Economic Development and Redevelopment for the city of Santa Cruz. "Essentially, this is about creating green jobs for our community— it's the best kind of public-private partnership."
The company's bikes are eligible for the state incentive program in California. The Zero S and DS motorcycles are available for $7,495 after the $1,500 California Clean Vehicle Program rebate and ten percent federal tax credit.
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