Energica - 70% increase in demand in 2022
Bologna, Italy based electric performance motorcycle manufacturer Energica Motor Company has announced 2022 turnover estimates which show unit sales up approximately +52% and motorcycle revenues +67% compared to the same period of 2021.
The company says it has also seen "a very substantial increase in pre-sale orders across the product range, especially for the new Experia sport-tourer".
Livia Cevolini, CEO of Energica Motor Company, said: "Thanks to the great work and significant investments made with the support of our main shareholder Ideanomics (NASDAQ: IDEX), all the indicators show Energica to be among the EV market leaders.
"This significant increase was achieved courtesy of the great feedback received in the first half of the year with the launch of the new model Experia, the world's first purpose-built electric touring bike, which is rewriting the rules of two-wheeled electric mobility.
"Our range of vehicles are recognised both by our customers and by other companies as the best in terms of reliability, therefore the products to 'beat' for our competitors. The Energica team has a unique know-how in extremely complex electric automotive engineering, enabling all high-voltage battery engineering to be performed in-house.
"Software, firmware, hardware and style engineering are also conducted in-house. These are precisely the reasons why Energica owners choose our products and why other EV companies are relying on us for their innovative projects through Energica inside."
Energica says that it now has some 135 dealers and sales points of all kinds worldwide. In 2022 Energica added 33 new outlets in EMEA and Asia Pacific and 15 in the U.S. The first batch of Energica motorcycles will reach the Japanese and Australian markets in Q1 2023.
"Despite the very challenging global business environment, our strong and consistent growth trend reflects the sustainable scale of electrification in both the automotive and motorcycle markets. The demand for the Experia touring model is particularly strong in the EMEA, where over 80% of new orders have come from".
The strong order book received from the sales network and from pre-sale customers, up 70% from the year before, has also highlighted the need for expanding the Soliera facility of the Italian manufacturer.
The company has recently doubled the headquarters footprint, as well as investing in automation, and scaling an adjoining building into the existing facilities to expand and accelerate the manufacturing process.
