All startups in the motorcycle and automotive space lose money for years before they start to turn a profit, and most go out of business before that ever happens.
Energica has a brand that is gaining momentum with well-loved products that compete at the top of the industry, personnel with core competency that goes back to racing efforts starting over a decade ago, and a growing multi-national dealer network. Even if there’s no profit yet, these things are rare and valuable to anyone looking to get into the space, so even if Ideanomics or Energica itself goes bust, there’s a good chance that their operations will not be much affected by a restructuring of the holding company.
There are no guarantees in this world, of course, and the fruits of promising companies have certainly been scattered to the winds before, but you’ve got a much better shot at continuing service by buying an Energica than any of the other small E-moto companies. The other small e-moto startups* haven’t even shown that they can bring a full-sized electric two-wheeler to market for general sale, much less support it for years to come.
*I don’t consider Zero to be small anymore.
