Photo: Andrei Tutu
CRP Group and Energica, the manufacturers of the first Italian electric superbike are looking for investors to help the business grow and establish a stronger worldwide seller network. Things are becoming really serious as Energica’s dealer network around the world has been constantly growing after the manufacturer introduced Eva and Ego, the two machines which are expected to go on sale this year.
As a matter of fact, three new vendors have already been added to the list this very year, with Energica confirming dealers for Canada, Switzerland (except the Canton of Ticino) and the Netherlands. These add to the existing sellers in the US, another Swiss one, two German dealerships and the home service in Italy.
Energica has mandated the Corporate Advisory Group of the UBS bank to find the money for growing the business. While the banks are searching for investment funds almost every time when they have to get some money to help a business grow, we cannot rule out seeing one of the big automotive groups trying to get a slice of Energica… now that the offer is somehow public.
Electric motorcycles are on a strong growing trend and each maker who is delivering products that look well, perform even better and are offered for a competitive price is a potential major hit in the bike industry. We don’t really expect to see an European motorcycle manufacturer jumping in with the money to get a piece of Energica’s business, but there are guys in India and China who are both willing and able to spend big bucks on EU operations.
And with all the partnerships we saw in the last years, it would not be at all surprising to see Indian or Chinese money pumped into Energica. To us the Italian maker looks like very tasty chunk, honestly.
The UBS bank is mandated to look for Italian and international investors
Energica Motor Company has struggled quite a lot to come up with the Ego and Eva machines, and the official launch date has been delayed repeatedly for various reasons. However, it looks like the Italian manufacturer is now ready to start delivering the bikes… even though some additional financing is needed to make things work at a decent scale.Energica has mandated the Corporate Advisory Group of the UBS bank to find the money for growing the business. While the banks are searching for investment funds almost every time when they have to get some money to help a business grow, we cannot rule out seeing one of the big automotive groups trying to get a slice of Energica… now that the offer is somehow public.
Electric motorcycles are on a strong growing trend and each maker who is delivering products that look well, perform even better and are offered for a competitive price is a potential major hit in the bike industry. We don’t really expect to see an European motorcycle manufacturer jumping in with the money to get a piece of Energica’s business, but there are guys in India and China who are both willing and able to spend big bucks on EU operations.
And with all the partnerships we saw in the last years, it would not be at all surprising to see Indian or Chinese money pumped into Energica. To us the Italian maker looks like very tasty chunk, honestly.
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