Energica Motor Company has endured several formative events over the past two years. After financial technology firm Ideanomics seized majority ownership of the electric motorbike OEM, it implemented key changes to Energica’s model. Long seen as a race-bred boutique brand, the Italian marque shifted priorities to building out its dealer network and becoming a market leader.
It looks like those efforts paid off in 2022, with Energica posting a 52-percent surge in sales (compared to 2021). In the process, the firm also posted a 67-percent spike in revenue last year. That growth follows Energica’s recent dealer expansions. In 2022, the company established 15 new dealerships in the U.S. and set up 33 additional locations throughout the rest of the world.
