Energica electric motorcycle company listed for $4.6 million
Energica, a maker of electric motorcycles, is up for sale. The starting bid for the company is set at $3.5 million, with a reserved price of $4.65 million. This includes everything from the brand name to finished and unfinished motorcycle prototypes. Electric motorcycles have not been widely embraced in the United States. High battery costs and concerns about safety often deter potential buyers. Despite winning awards and creating popular models, Energica faced challenges and stopped operations. The auction presents a unique opportunity for someone interested in revitalizing the Energica brand. The sale includes detailed inventory information, revealing at least four prototype bikes and eight motorcycles in various stages of completion. There is also expensive storage equipment included in the sale. Potential buyers are likely to fall into two categories. One group may be passionate about restoring the brand, while another might be more interested in profiting from the name. However, there is always a chance it could go to a true enthusiast looking to invest the effort needed to bring Energica back to life.