TEAM Industries Invests in Brammo, Begins Strategic Partnership

Electric motorcycle manufacturer Brammo announced that it entered into a strategic partnership with TEAM Industries. Both companies would like to to join forces to design and develop world-class electric vehicle drivetrains for the next generation of electric vehicles. We are of course curious who could be the customers for those…

3 years ago by Mark Kane 0

Vectrix Assets To Be Auctioned June 18, 2014

Electric scooter maker Vectrix, which a few months ago ultimately went underwater, soon will be auctioned. The Bankruptcy Trustee announced in May that the company’s assets will be auctioned on June 18, 2014, at its New Bedford, Massachusetts former headquarters. “Introduced in 2006, the Vectrix was the first commercially available high…

3 years ago by Mark Kane 0

YASA Motors Raises Over $8M To Increase Production Capacity

British company YASA Motors, a developer of small, light electric motors, announced that it secured £5M funding (over $8 million). “YASA Motors, the company delivering ultra-high performance electric motors, has received a strong boost with the investment of £5m.  The new equity finance has been raised from a combination of…

3 years ago by Mark Kane 1