The electric motorcycle business ain’t for the faint of heart. Ask Energica. Once a promising name in the EV world, now another tombstone in the growing graveyard of electric bike companies. Lack of funding, dwindling sales, or just bad business—take your pick, but the result is the same. Now the auction of Energica is happening.
Energica threw in the towel last October, unable to pay off its creditors or secure a financial lifeline. Now, the whole operation is up for grabs, set to be auctioned off to the highest bidder.
Could the Auction of Energica Lead to a Rebirth?
When I say the whole operation, I mean everything—bikes, parts, machines, patents, the works. Theoretically, someone could buy it and fire up the production line again. But let’s not kid ourselves.
The real shocker? The starting bid: a mere $3.5 million. For less than the price of some supercars, you could own an entire motorcycle company. The reserve is set at $4.6 million, which, for an outfit that actually built and sold bikes, feels like highway robbery in reverse.
Would I buy it? I’d certainly consider it. But I’m a poor moto journalist and don’t have that kind of money. But if you’ve got the cash, the vision, and a taste for electric speed, maybe there’s life left in Energica yet.
Source: RideApart, Auction, Motociclismo
