Energica IPO Set for January 29th on AIM Italia

It looks like Italian electric motorcycle maker Energica has finalized the details of its initial public offering of stock on London’s AIM Italia stock market.

As such, Energica’s IPO will take place January 29th, with over 1.65 million shares being offered at €3.20 a piece, this makes Energica’s IPO worth potentially €5.3 million.

With this money, Energica hopes to become the worldwide market leader of electric motorcycles within three years.

That will be at tall order, for the Italian company, as America’s Zero Motorcycles already boasts a much larger dealer network, and proven track record of sales.

Whereas, Energica is currently selling a handful of its machines,virtually all of which have been of the Energica Ego electric superbike, though the company is now taking order for the Energica Eva streetfighter model.

We were impressed with the Energica Ego when we rode it, finding it to be a highly competent machine, both in its technological design and its design execution.

However with the aesthetics of the the Ego and Eva polarizing, and superbike-level electric motorcycles tending to be quite heavy machines, Energica is not without some criticism and obstacles to overcome.

The biggest hurdle for the brand going forward though will be building out its dealer network and lowering the cost of its model range. Hopefully this IPO will help raise the capital necessary for Energica to tackle those hurdles.