Electric motorcycle startup Energica has found some big guns to help find it funding: UBS .
According to the company’s press release, UBS will be Energica’s sole financial advisor during the electric motorcycle company’s search for Italian or international funding.
Any funding that UBS finds will go towards bring the Energica Ego and Energica Eva models to market, particularly in the United States.
Loyal readers will remember that we already tipped you off to the folks at Energica debuting at EIMCA a naked version of the Energica Ego electric superbike, and here is your first glimpse at what the Italians are calling the Energica Eva.
The Eva will share the same 136hp / 143 lbs•ft PMAC motor and 11.7 kWh battery pack as the Ego, though with a more upright and relaxed seating position.
As can be seen, the Eva is without fairings and sports a tall handlebar setup. The Ego’s projector headlights remain, though perhaps in a more palatable housing than on the Ego.
Born out of Italy’s automotive epicenter in Modena, CRP Racing is a well-regarded engineering firm, whose roots can be firmly found in car racing’s premier class, Formula One. This year marks 45 years of CRP Racing’s tradecraft, and it also marks the public launch of the company’s Energica Ego electric superbike.
A project we first saw first-hand at the 2011 EICMA show, and later in the FIM eRoadRacing electric series, the company’s Energica Ego electric motorcycle seemed like an over-reach. The design was…umm, different…the naming was tough for English-speakers who were familiar with the Austrian school of thought regarding psychoanalysis, and CRP Racing’s experience with electric drivetrains was a huge question mark.
Fast-forward to the 2013 EICMA show, where the Energica Ego project showed its resilience. The small Italian firm had found a drivetrain partner, its concept bike had been flushed out into a runner, and the folks from Modena were pushing forward with their plans to release a production model. However, we have seen plenty of electric motorcycle startups reach this point before, with the term “production” being used only by the loosest of definitions.
Arriving then at Alice’s Restaurant, a local motorcycle hangout near A&R HQ, I had plenty of skepticism packed with my leathers, helmet, boots, and gloves. However, the design of the Energica Ego had begun to grow on me — it wasn’t the same lustful wanting that I had with the lines of the Mission RS though, nor the racing-bred techno-orgasm that comes with the MotoCzysz E1pc — but it was a certain appreciation that the bird-like nose no longer rubbed me the wrong way.
Just as the Ego had evolved into something more refined and polished over time, so too had the company. After riding the Ego on a modest trip down one of the SF Bay Area’s favorite twisty roads, the impression was solidified — if I arrived a cynic to the bike launch, I left Alice’s as a convert.
Asphalt & Rubber had the fortunate chance to ride the Energica Ego today, and before I get to a proper review of riding the electric superbike, I wanted to reintroduce this Italian machine to our readers, because while A&R might have been one of the few outlets to cover Energica, this new player in the “E2V” space might still strike you as unfamiliar.
A project from Italy’s respected engineering firm CRP Racing, I first had the opportunity to see the Energica Ego at the 2011 EICMA show. The machine wasn’t a runner at the time, as CRP was still looking for a drivetrain partner that could supplement CRP’s already extensive knowledge in chassis design.
Fast-forward to the 2013 EICMA show, and the Energica sub-brand debuted its first production electric superbike, the Ego. The naming might be a bit tough, especially for us Anglophones, but this 134hp, 143 lbs•ft superbike packs a punch, and is remarkably well-refined.
I will leave the full review for a more-detailed article, but the short version of it is pretty positive. I came to the launch skeptical of Energica and the Ego, but left very impressed with the company its machine — the conversation about production electric motorcycles now has to include this potent Italian brand and its first product offering. Enthusiasts should take note.
With electric motorcycles seemingly popping up everywhere, it comes as a surprise to no one that the Italians would eventually want a piece of this pie.
Originally the Energica Ego was scheduled to be released in 2014 but, as we have seen with many electric motorcycle companies that decide to venture into uncharted territory, innovation comes at a cost.
According to the Energica, the Ego produces nearly 135 hp and 143 lb-ft of torque with a top speed of 149 mph. Range is said to be 93 miles on a single-charge, and the starting price will be $25,000. This puts the Energica Ego out ahead of the competition but, numbers on paper are just that, numbers on paper.