To paraphrase the great Three 6 Mafia, "It's hard out here for an electric motorcycle company." In the interim years, we've seen countless startups and OGs fall, and all for different reasons. Whether it's due to a lack of funding or lackluster sales, behind-the-scenes tomfoolery, or parasitic acquisition, the number of EV motorcycle gravestones has become numerous.
And as I've said in other stories, it's difficult to start a new company, let alone one that involves emerging technologies like electric powertrains.
One of the more recent deaths was that of Energica, which we reported on late last year. After failing to find new investment, as well as funding to pay off its creditors, the brand "resolved to enter into a bankruptcy judicial liquidation," in October. It's been a few months and now Energica, along with all of its assets, is set to be auctioned off to the highest bidder. I wouldn't get your hopes up for a revival, though.
