1
Energica / Re: Bad News
« on: November 08, 2024, 07:10:36 PM »
Thanks a lot.
Is there a possibility to join for those being not in facebook
Is there a possibility to join for those being not in facebook
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2
Energica / Re: Engineering Screen for Experia
« on: November 08, 2024, 04:24:57 PM »
Lucky US, in Europe / Germany no one shipps any thing. They are simply unreachable on any means... 
3
Energica / Re: Bad News
« on: November 06, 2024, 01:21:38 PM »
My dealer has currently 3 of those; two Evo and one Experia. He is currently at the EICMA I am tensed about his report.
4
Energica / Re: Bad News
« on: October 24, 2024, 07:32:36 PM »
...to be fair, he also mentions that they have already negotiated with various parties but ultimately no agreement was reached!
and here the official press release from 15th of October:
Energica Motor Company SpA, a manufacturer of high-performance electric motorcycles 75% controlled by the American fund Ideanomics Inc., announces that its Board of Directors meeting held on 14 October 2024 at 3:00 p.m. resolved to enter into a bankruptcy judicial liquidation pursuant to art. 121 et seq. of the insolvency law.
Officially founded in 2014 as Energica Motor Company Srl, and with a design phase that began in 2009, the company has established itself over 15 years as a benchmark for high-performance electric mobility, demonstrating resilience and innovation.
Thanks to its technical know-how, considered the company’s main asset, Energica has introduced four technological platforms to the market and has served as the Unique Manufacturer of the fourth MotoGP electric category, the FIM Enel MotoE World Cup, for four consecutive years. Despite the challenges posed by the global pandemic, Energica achieved record sales volumes and revenues with the launch of the Experia model.
Energica’s entrepreneurial vision has been supported and financed from the outset by its founding partners, who in 2016 decided to list the company in the AIM Italia sector (now Euronext Growth Milan), dedicated to innovative Italian SMEs, to secure the necessary capital for growth that they could no longer sustain alone. The company was listed with a capitalization of €37.3 million.
In 2021, with the investment from Ideanomics Inc., Energica launched the Experia model, achieving record sales volumes and revenues of €13 million, a 200% increase compared to 2021.
In March 2022, Ideanomics successfully completed a voluntary takeover bid, which allowed the shareholders to transform the company into a private entity, making it more free and flexible in managing financing and agile in its growth.
However, the subsequent crisis in the electric market and the decline in sector investments impacted Ideanomics, and consequently, compromised Energica’s investment capabilities.
The company has also faced challenges from the downturn in the automotive market and supply chain, being particularly affected as a small and medium-sized enterprise. The commitment to its objectives and mission has remained steadfast, as demonstrated by initiatives like the solidarity contract aimed at safeguarding workers and overcoming the difficult period.
Despite the efforts from the management in actively and extensively pursuing a search for new investors – always with the aim of preserving going concern in the best interest of creditors – it has
become clear in the last few hours that these alternative options are no more viable, thus leaving the company with no other choice than resolving for the opening of a bankruptcy judicial liquidation, thus allowing repayment of creditors to the extent possible from the proceeds of liquidation and according to pari passu rule and priority rankings.
Throughout its history, the company has consistently invested in its workforce, training staff in the most innovative skills in the electric mobility sector, without making any contract terminations in its 15 years of activity. The founding members have prioritized young talent, collaborating closely with schools and universities across the country and beyond. The average age of Energica employees has always ranged from 28 to 35 years.
Management has guaranteed salaries even during the most challenging periods, where necessary also thanks to the support of the Italian minority shareholders, always with a view to preserving business continuity and in the best interest of creditors and all stakeholders. In the last two years, some employees have voluntarily left the company; these professionals have since been absorbed by major players in the Motor Valley.
This press release is attributed to the founding members of Energica. It is noted that Ideanomics has chosen not to comment.
and here the official press release from 15th of October:
Energica Motor Company SpA, a manufacturer of high-performance electric motorcycles 75% controlled by the American fund Ideanomics Inc., announces that its Board of Directors meeting held on 14 October 2024 at 3:00 p.m. resolved to enter into a bankruptcy judicial liquidation pursuant to art. 121 et seq. of the insolvency law.
Officially founded in 2014 as Energica Motor Company Srl, and with a design phase that began in 2009, the company has established itself over 15 years as a benchmark for high-performance electric mobility, demonstrating resilience and innovation.
Thanks to its technical know-how, considered the company’s main asset, Energica has introduced four technological platforms to the market and has served as the Unique Manufacturer of the fourth MotoGP electric category, the FIM Enel MotoE World Cup, for four consecutive years. Despite the challenges posed by the global pandemic, Energica achieved record sales volumes and revenues with the launch of the Experia model.
Energica’s entrepreneurial vision has been supported and financed from the outset by its founding partners, who in 2016 decided to list the company in the AIM Italia sector (now Euronext Growth Milan), dedicated to innovative Italian SMEs, to secure the necessary capital for growth that they could no longer sustain alone. The company was listed with a capitalization of €37.3 million.
In 2021, with the investment from Ideanomics Inc., Energica launched the Experia model, achieving record sales volumes and revenues of €13 million, a 200% increase compared to 2021.
In March 2022, Ideanomics successfully completed a voluntary takeover bid, which allowed the shareholders to transform the company into a private entity, making it more free and flexible in managing financing and agile in its growth.
However, the subsequent crisis in the electric market and the decline in sector investments impacted Ideanomics, and consequently, compromised Energica’s investment capabilities.
The company has also faced challenges from the downturn in the automotive market and supply chain, being particularly affected as a small and medium-sized enterprise. The commitment to its objectives and mission has remained steadfast, as demonstrated by initiatives like the solidarity contract aimed at safeguarding workers and overcoming the difficult period.
Despite the efforts from the management in actively and extensively pursuing a search for new investors – always with the aim of preserving going concern in the best interest of creditors – it has
become clear in the last few hours that these alternative options are no more viable, thus leaving the company with no other choice than resolving for the opening of a bankruptcy judicial liquidation, thus allowing repayment of creditors to the extent possible from the proceeds of liquidation and according to pari passu rule and priority rankings.
Throughout its history, the company has consistently invested in its workforce, training staff in the most innovative skills in the electric mobility sector, without making any contract terminations in its 15 years of activity. The founding members have prioritized young talent, collaborating closely with schools and universities across the country and beyond. The average age of Energica employees has always ranged from 28 to 35 years.
Management has guaranteed salaries even during the most challenging periods, where necessary also thanks to the support of the Italian minority shareholders, always with a view to preserving business continuity and in the best interest of creditors and all stakeholders. In the last two years, some employees have voluntarily left the company; these professionals have since been absorbed by major players in the Motor Valley.
This press release is attributed to the founding members of Energica. It is noted that Ideanomics has chosen not to comment.
5
Energica / Re: Bad News
« on: October 24, 2024, 01:16:14 PM »
Most recently in the press:
Sales figures too low: The Italian electric motorcycle brand Energica filed for insolvency on October 14. This means that one of the best-known pioneering brands has become another victim of the lack of interest in electric motorcycles.
Energica's main American shareholder, the fund company Ideanomics Inc, holds 75% of the shares and has now pulled the plug. Energica had been building electric motorcycles since 2009 and founded the Energica Motor Company in Modena in 2014. It ran the FIM MotoE World Championship as part of the MotoGP with its vehicles for four years. High-performance series models such as the Ego sports bike and the EsseEsse 9 and Eva Ribelle naked bikes caused an international sensation, but the sales figures for the expensive e-bikes were always low and the financial situation was always critical. In 2021, the US fund company Ideanomics got on board and when the Experia touring bike appeared the following year, there was a glimmer of hope because sales had risen by 200 percent according to the manufacturer. However, the flash in the pan soon died out again and the desperate search for further investors was unsuccessful.
A court has opened bankruptcy proceedings against Energica. The future of service and spare parts supply for customers is still completely unclear.
Not at all promising
Sales figures too low: The Italian electric motorcycle brand Energica filed for insolvency on October 14. This means that one of the best-known pioneering brands has become another victim of the lack of interest in electric motorcycles.
Energica's main American shareholder, the fund company Ideanomics Inc, holds 75% of the shares and has now pulled the plug. Energica had been building electric motorcycles since 2009 and founded the Energica Motor Company in Modena in 2014. It ran the FIM MotoE World Championship as part of the MotoGP with its vehicles for four years. High-performance series models such as the Ego sports bike and the EsseEsse 9 and Eva Ribelle naked bikes caused an international sensation, but the sales figures for the expensive e-bikes were always low and the financial situation was always critical. In 2021, the US fund company Ideanomics got on board and when the Experia touring bike appeared the following year, there was a glimmer of hope because sales had risen by 200 percent according to the manufacturer. However, the flash in the pan soon died out again and the desperate search for further investors was unsuccessful.
A court has opened bankruptcy proceedings against Energica. The future of service and spare parts supply for customers is still completely unclear.
Not at all promising
6
Buy Sell Trade / Wanted Energica EGO parts
« on: October 23, 2024, 02:46:58 AM »
Looking for the mounting plates for the driver footrest system of the Energica EGO. To have the adjustable footrests on my EsseEsse.
THX
THX
7
Energica / Re: Bad News
« on: October 20, 2024, 02:57:17 AM »
Interestingly, the German website is still active without any reference to the problems. However, if you look at the dealers, 14 are displayed, of which only 3 still have Energica on their homepage! The rest either Zero or no more electric motorcycles at all... I wonder if the dealers who now represent Zero had more information in advance...
8
Energica / Re: Bad News
« on: October 17, 2024, 09:28:38 PM »
sound a bit more like the German system, where you have different possibilities...
9
Energica / Re: Bad News
« on: October 16, 2024, 12:33:42 PM »
Perhaps one should not ignore the chance of the Chinese / Indian manufacturers to buy Energica. It would be an opportunity for them to have real motorcycles in their portfolio alongside small scooters and e-bikes in one fell swoop and they now have the know-how...
For me it is like jotjotde says, drive until you can't drive any more. Unfortunately, from now on I have a bad feeling that if you break down you need to take it home and not to a dealer for repair, that woult it be for me with the hobby of motorcycling...
For me it is like jotjotde says, drive until you can't drive any more. Unfortunately, from now on I have a bad feeling that if you break down you need to take it home and not to a dealer for repair, that woult it be for me with the hobby of motorcycling...
10
Energica / Re: Bad News
« on: October 15, 2024, 02:19:42 PM »
absolutely 
looks like we now own extremely expensive furniture...
looks like we now own extremely expensive furniture...
11
Energica / Re: Call me Worthless and Weak but....
« on: October 15, 2024, 04:01:00 AM »
Oh dear, that doesn't sound good, now I understand why almost no dealers are displayed on the German Energica website, they are leaving the sinking ship and we customers are left with "electronic waste"...
My dealer hasn't received any replies to inquiries for weeks, that clears it up, what a bummer.
My dealer hasn't received any replies to inquiries for weeks, that clears it up, what a bummer.
12
Energica / Re: Is The Energica Your Favorite Bike?
« on: August 01, 2024, 04:09:15 PM »
I owened roughly 20 bikes and I loved my Brutale800RR but the reliability was a bit limited similar in case of my ZeroSR/F. So I got my SS9+ and I am pretty happy with it after some modifications. So momentarily yes, it is my favorite, but we never know what the future will bring...
13
Energica / Re: How to set a new PIN ?
« on: July 30, 2024, 02:07:45 PM »
I have the same issue and therefore I know the problem. I suspect it's because the wrong PIN has been entered too often. Then everything has to be replaced according to the manual... it's not worth it to me. Would be happy and grateful to hear an other solution.
Uli
Uli
14
Energica / Re: Getting Energica Parts
« on: May 28, 2024, 08:41:57 PM »
Hi,
finally the parts I ordered arrived at the dealer today
Best
Uli
finally the parts I ordered arrived at the dealer today
Best
Uli
15
Energica / Re: Getting Energica Parts
« on: May 18, 2024, 03:45:02 PM »
It is also difficult in Europe.
I ordered some small things 10 weeks ago, no reply. 6 weeks ago left side claddig of my SS9 with the underliying bracket. On request after 4 weeks they promissed next week, but now it is already 6, nothing. I also asked what is the problem, no answer. As I have seen in German forums I am not the only one with such problems.
Uli
I ordered some small things 10 weeks ago, no reply. 6 weeks ago left side claddig of my SS9 with the underliying bracket. On request after 4 weeks they promissed next week, but now it is already 6, nothing. I also asked what is the problem, no answer. As I have seen in German forums I am not the only one with such problems.
Uli
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