Zero Motorcycles Raises Additional $25 Million

Apr 27, 2019 at 8:08am

Zero Motorcycles is the biggest electric motorcycle manufacturer in the world.

Zero Motorcycles announced the close of the $25 million funding round, which bring its aggregate equity capital raised to over $250 million since inception 13 years ago in 2006.

According to the press release, Zero is selling more electric motorcycles annually than all of its competitors combined.

"With 13 years of experience, Zero Motorcycles has developed the most power- and energy-dense EV technology in powersports and has built Zero into the leading brand with a global supply chain and distribution network, and a broad portfolio of products, which are effortlessly powerful, safe, reliable, and delight our riders every time they twist the throttle."

Most recently, the company introduced an all-new "transformational" SR/F model so the lineup consists of six consumer models and three fleet models.

Consumer Motorcycles

Fleet Motorcycles

Sam Paschel, CEO of Zero Motorcycles said:

“At Zero Motorcycles, we’ve been defining the electric motorcycle category since our inception in 2006. To build a company like Zero is not easy. You need to build a leading EV technology business, an industrial business, and consumer-branded business all at once. In addition to break-through innovation and R&D investment, this takes time, hard work, and significant capital. Zero has been capital efficient over the years, and our committed and consistent backing has enabled us to fully fund our strategy and to succeed when others have failed. We sell more electric motorcycles annually than all of our competitors combined and with our strong capital base, know-how, brand, and team, we will continue to be the driving force behind two-wheeled and broader powersports electrification. We look forward to the next few years as both adoption and innovation continue to accelerate.”

 

SANTA CRUZ, Calif.--(BUSINESS WIRE)--On the heels of the successful launch of its transformational SR/F model, Zero Motorcycles, the global electric motorcycle sales and innovation leader, announced today the close of a $25 million funding round, bringing its aggregate equity capital raised to over $250 million. With 13 years of experience, Zero Motorcycles has developed the most power- and energy-dense EV technology in powersports and has built Zero into the leading brand with a global supply chain and distribution network, and a broad portfolio of products, which are effortlessly powerful, safe, reliable, and delight our riders every time they twist the throttle. “At Zero Motorcycles, we’ve been defining the electric motorcycle category since our inception in 2006,” said Sam Paschel, CEO of Zero Motorcycles. “To build a company like Zero is not easy. You need to build a leading EV technology business, an industrial business, and consumer-branded business all at once. In addition to break-through innovation and R&D investment, this takes time, hard work, and significant capital. Zero has been capital efficient over the years, and our committed and consistent backing has enabled us to fully fund our strategy and to succeed when others have failed. We sell more electric motorcycles annually than all of our competitors combined and with our strong capital base, know-how, brand, and team, we will continue to be the driving force behind two-wheeled and broader powersports electrification. We look forward to the next few years as both adoption and innovation continue to accelerate.” For more information on Zero Motorcycles please visit www.zeromotorcycles.com. About Zero Motorcycles Zero Motorcycles is the global leader in electric motorcycles and powertrains. Designed and crafted by hand in California, Zero Motorcycles combines Silicon Valley technology with traditional motorcycle soul to elevate the motorcycling experience for smart, innovative riders around the world.