It’s been a while since we heard from Zero Motorcycles, but the Scotts Valley company continues to build and refine its electric motorcycle offering.
Helping to ensure that the electric motorcycle company continues to build upon its successes, the California Energy Commission (CEC) has issued a grant to Zero Motorcycles, to the tune of $1,009,220.
Zero’s investors will be matching that sum, and invest the combined $2 million in continued research, development, and assembly at the company’s California headquarters in Scotts Valley.
“We thrive at the intersection of transportation, technology and energy efficiency,” said Zero Motorcycles CEO Richard Walker. “This generous grant, combined with the confidence of our investors, accelerates our global growth, expands Zero’s local workforce and manufacturing capacity, and will fuel continued innovation across all of our products.”
Ultimately, the funds will go towards Zero producing more electric motorcycles. With the demise of Brammo, Zero is alone right now as the sole electric motorcycle manufacturer with bikes on the market and dealerships in place, though there are other entities playing the in the space (Alta, Energica, etc).
This has caused a lull in the electric motorcycle space, but recently we have seen signs from Harley-Davidson, Honda, Victory, and Yamaha that electric models could be coming. KTM even recently debuted its Freeride E-SX electric dirt bike and Freeride E-SM electric supermoto.
Source: Zero Motorcycles