Italian Electric Bike Manufacturer Energica Announces IPO for January 29

Energica Ego 1 photo
Photo: Gianluca Muratori
Italian electric bike manufacturer Energica is upping their game with an Initial Public Offer (IPO) that will be made tomorrow, January 29. The move will be made at London's AIM Italia stock market and Energica's estimated financial gain could be worth €5.28 million, or $5.75 million.
Energica's first stock offer comprises over 1.65 million shares worth €3.2 ($3.49) a pop. Obviously, it's hard to say how their IPO will fare, but the electric bike industry is gaining more and more momentum by the year, so we can expect the investors' interest to be quite high. Sure, we can't make any predictions as to how Energica's shares will sell, but we'd certainly love to see their price go up.

With the money from the IPO, Energica plans to accelerate the growth of their business, even though the goal they set may sound a bit too ambitious, if not outright crazy.

Energica wants to become the leading electric motorcycle manufacturer in three years' time

The Italian electric superbike manufacturer claims that the IPO money will be used for making Energica nothing short of the world leader in the electric motorcycle industry.

Well, these plans surely sound great, at least on paper, but achieving this goal is much easier said than done. The e-motorcycle business is still small, at least compared to the traditional makers' figures, but even so, claiming the number one spot is not an easy feat.

Energica's big rival is Zero Motorcycles, and beating the Americans at this game will be hard, especially as these guys are older and more experienced in the business.

Zero also has a wider range of motorcycles available, and they are also significantly more affordable than any Energica machine. Likewise, Zero's dealership network is far bigger than what Energica can brag about, at least for now.

It may sound a bit like comparing apples to oranges, as the two manufacturers' bikes serve different purposes. Still, who will be able to meet more demands and expectations from the public will definitely have the upper hand in the long run.

Both Energica and Zero have strong and weak points and we'd rather say that the two are complementing each other, at least at this moment. Depending on the results Energica's IPO will obtain, we might make more accurate speculations as to what the future might bring.

And even now, seeing Energica making a rather bold move and coming out to play on the stock market may be an indicator that the Italian maker is significantly stronger than the startups that come and go each year. Our Zero Motorcycles exclusive interview is also a good reading to understand the industry a tad better, so make sure you check it out, too.
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