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[Richard230]

Perhaps Energica should start an EV consulting service to make some extra cash like Brammo did when they sold their electric motorcycle business to Victory. They have the engineers, manufacturing technology and know-how which could be worth something to any firm that wants to get into the EV business without starting from scratch. That would give them extra income to get them over the current lean times without their experienced staff taking a hike looking for greener pastures and never to be seen again.

[Motoproponent]

Perhaps Energica should start an EV consulting service to make some extra cash like Brammo did when they sold their electric motorcycle business to Victory. They have the engineers, manufacturing technology and know-how which could be worth something to any firm that wants to get into the EV business without starting from scratch. That would give them extra income to get them over the current lean times without their experienced staff taking a hike looking for greener pastures and never to be seen again.

Isn't that what Energica Inside is?

[Richard230]

Perhaps Energica should start an EV consulting service to make some extra cash like Brammo did when they sold their electric motorcycle business to Victory. They have the engineers, manufacturing technology and know-how which could be worth something to any firm that wants to get into the EV business without starting from scratch. That would give them extra income to get them over the current lean times without their experienced staff taking a hike looking for greener pastures and never to be seen again.

Isn't that what Energica Inside is?

You have got me. I have never heard of Energica Inside before.   

[flynnstig82r]

Energica Inside is a great idea, but all the bigger players are either running their own programs (Ducati, Triumph, Can-Am, Enfield, etc.) or staying away from electrics altogether. I could see it being used by university teams, light aircraft hobbyists and the like if there was more awareness of the brand, but it’s still hard to see it becoming a major source of revenue anytime soon.

Establishing any new automotive OEM is a long and bloody process. Even the big manufacturers bled cash for decades to establish themselves in their day. If Energica and their parent company don’t have the cash to continue to take those losses and there’s no big investor to plug the gap, they might have to close up shop, or at least halt new development. I would hate to see that, but that’s where we find ourselves.

[Stonewolf]

TBH probably the best way to go about anything like that is to offer to manufacture battery modules or full battery boxes because it allows them to buy cells in bulk and get a better price. If you're getting enough EoS you can basicly sell contract manufacture at cost because it's making your own battery production cheaper and you want to keep the clients coming back for it.

[Specter]

The motorcycle is just one thing they do.  It's the EMCU motor that is the big thing.  They have other poles in the pond to speak.  I believe they are working on a fishing boat with an electric motor or some other electrified stuff.  There is a lot of buzz going on about electric aprilanes, or at least delivery drones, and sorts.  IF they choose to use Energica's motor for it, that's money flow coming in to keep them alive.  Of course you are going to need to control this motor, and program that controller.  That's where their other techs come in hand,to do JUST that.

Fortunately I believe they do NOT have all their eggs in one basket, and because one goose was rotten, it doesn't spoil their whole output.

It's energica motor company...  not energica motorcycle....    they ain't dead yet!
Aaron

[EsseEsse]

Except that they've generated lots of press releases and no revenue. You can't buy an Energica-powered electric airplane and there are none in testing. You can't buy an Energica-powered water ski, boat, drone, cross-car or anything else. The last announcement was 18 months ago.

[Specter]

It's NOT their branding.  They are not selling energica this and that.  They are selling the motors to other people who are using them and putting their brands on them.

But you do have a point, we have not heard much of anything lately as to what is going on.  They just got a bit shipment of experia's in that they are delivering, so hopefully that pulls some cash in for them so they can start cutting down on their backorders and stuff and getting customers stuff out to them.

Corporations are notorious for keeping their internal workings quiet, but everyone KNOWS their parent company fucked up royally.  I wish they could say something about what their plans are going forward to put peoples minds at ease, one way or another.

Aaron

[Stonewolf]

Everything's going slowly for them, according to my dealership getting anything in from Italy is difficult, my charge lock actuator died just as I was getting ready to sell my Ribelle and I've been waiting for about 2 months.

[EsseEsse]

Corporations are notorious for keeping their internal workings quiet, but everyone KNOWS their parent company fucked up royally.  I wish they could say something about what their plans are going forward to put peoples minds at ease, one way or another.

Livia put out the alarm in an article today. They need an investor really soon.

https://thepack.news/energica-a-human-and-technological-heritage-to-be-preserved/

[Richard230]

Corporations are notorious for keeping their internal workings quiet, but everyone KNOWS their parent company fucked up royally.  I wish they could say something about what their plans are going forward to put peoples minds at ease, one way or another.

Livia put out the alarm in an article today. They need an investor really soon.

https://thepack.news/energica-a-human-and-technological-heritage-to-be-preserved/

That doesn't sound good. Investors seem to be dumping all of their money into AI companies and right now the market for electric motorcycles is not looking too promising. Certainly not enough to attract investors, or even apparently to interest the major ICE motorcycle companies to the extent that they want to enter the market with anything resembling what most motorcycle enthusiasts really want - which seems to be H-D V-twins and BMW GS clones. 

[Specter]

Id take an electric over a hardley any day.  the electric don't leave oil slicks everywhere you park them or leave parts on the side of the road like bread crumbs every time you take it for a ride !

Everyone is holding their breath right now, I have a feeling after the election's we'll know what the future for everything looks like.  Is there going to be a few years of prosperity or an all out world war, with a civil one to boot in the states.

How much do they need?  I mean shit, whatif someone floated them 200k,   get the bikes moving, get the shit in and out, you have the sales now SELL them, take that profit to get more ...you know the idea.  Right now they don't seem to be doing much of anything, I wonder if the money is just dried up OR if they are having supply issues too, due to past due payments.  From what that article is saying, they are right on the cusp of some really huge contracts.  Shit, even if they can't get millions all up front, get a part of it, but they MUST start moving the bikes, then the rest will take care of it's self.

aaron

[flynnstig82r]

Livia put out the alarm in an article today. They need an investor really soon.

https://thepack.news/energica-a-human-and-technological-heritage-to-be-preserved/

Great article! It really is true that Energica have been trailbalzers and that they really only need a cash injection, not a leap of faith, as they have a strong order book. Maybe the Italian government will step in and save them since it’s a story of Italian excellence. In automotive industry terms, the amount of money it would take is tiny.

But let’s be realistic, this is a last ditch plea for mercy, and Cevolini wouldn’t have written it if the situation weren’t dire. It would be terrible if Energica folded, and IMO would delay any real progress in the EM industry by 5 years or more. It would also be deeply ironic to see Energica go down before the likes of Lightning or Damon. Since I don’t have 10 or 20 million lying around, all I can do is cross my fingers.

[EsseEsse]

Annnnd, they're gone.

https://www.motorcyclenews.com/news/2024/october/energica-files-for-bankruptcy/

[Motoproponent]

I only feel really cheated because I opted for the extended battery warranty. lol.