If you'll allow me to paraphrase the great Three 6 Mafia, "It's hard out there for an electric powersports startup." We've seen countless companies come and go in recent years, and even some we thought would be mainstays have disappeared.
Of course, fly-by-nights are always involved when you get some new technology breaking out onto the scene, but even relatively stable (from the outside looking in) have had trouble maintaining some semblance of productivity and revenue generation. I mean, I would've thought Energica would still be here. That said, Harley's LiveWire is on the precipice of failure and it has the Motor Co.'s might behind it.
One company that nearly went away, but was saved at the last minute, was the Canadian outfit Taiga. The manufacturer made its bones building electric snowmobiles and PWCs, but declared bankruptcy late last year. A few months ago, however, it was saved with some key investments made by Vita Power and the Export Development Bank of Canada.
