Marketplace news from BLITZ, Damon Motors and Energica

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Not long ago, Blitz Motors (Israel), Damon Motors (Canada) and Energica Motor Company (Italy) printed some attention-grabbing investor relations news. Listed here you can come across their press releases.

Damon Motors raises $30M and secures $20M in preorders

Supply: push release Damon Motors | Damon Motors introduced it has lifted much more than $30M in funding, finishing a bridge round led by Benevolent Capital, SOL International Investments, Zirmania, and other folks. The financing couples with skyrocketing preorder sales that have now achieved $20M for the exhilarating line of HyperSport bikes. The cash elevated will further gasoline Damon’s path to sector and empower demo excursions, pre-output progress and testing, and related hires. Damon has also expanded its board of directors with the additions of Jaques Clariond and Howard Wu.“We have unveiled the future of two-wheel transportation and yielded large demand in North The united states and Europe, validating the market place will need for large-effectiveness electric bikes,” explained Jay Giraud, founder & CEO at Damon Motors. “On the back of this desire, Damon will create an complete line of medium- and significant-efficiency motorcycles more than the next handful of several years, with HyperDrive serving as the core of each model.”

Photograph: Damon Motors

New Board of Directors Users:

Jaques Clariond – Jaques is a Handling Associate at Baudpont and serves in Senior Advisor roles at Blue Ivy Ventures and Benevolent Money. Jaques is focused on investing in high-advancement buyer corporations across the wellbeing and wellness, exercise, life-style, and purchaser packaged items sectors. He has intensive expertise helping companies navigate the fiscal complexities connected with increasing money and executing on the strategic eyesight of the business. Jaques delivers a special blend of knowledge throughout general public and non-public asset lessons, portfolio design, and immediate non-public equity and venture capital offer structuring.

Howard Wu – Howard is the Worldwide Head of Telecom and the Typical Supervisor for Quanta Cloud Technology Usa. In his profession, Howard has managed world wide organization and regions from startups to Fortune 500 firms. As a former startup founder, Howard has a deep knowledge of the issues and skepticism founders must endure and persevere, as nicely as the problems going through Global Fortune 500s of today across facts and digitization.

Business talk - industry news - investor relations - THE PACK - Blitz - Damon Motors - EnergicaPicture: Damon Motors

Damon’s announcement will come on the heels of the first anniversary of its flagship HyperSport motorbike launch at CES 2020. The business has ridden a wave of momentum at any time given that, selling approximately 1000 motorcycles and selling out of its constrained edition HyperSport models. The corporation has received several industry awards like 2020 CES “Best in Innovation,” Robb Report&#8217s “Best of The Best of Automobile Innovation 2020,” Well known Science “Best of What’s New,” and Purple Herring “Top 100 North The us.”

The Damon HyperSport sets a new standard in motorbike basic safety, recognition and connectivity. It boasts perfectly above 200hp and 200nm of torque delivered at zero rpm, a major speed of 200 mph, a variety of more than 200 highway miles per cost. All HyperSports are outfitted with CoPilot™, Damon’s 360° advanced warning system Shift™, which transforms the driving situation in between sport and commuter modes with the press of a button and HyperDrive™, the world’s to start with 100 % electrical, multi-variant powertrain platform optimized for maximum effectiveness, structure and safety.

Damon’s household of HyperSport Bikes contains:

HyperSport SE (MSRP $16,995)
HyperSport SX (MSRP $19,995)
HyperSport HS (MSRP $24,995)
and HyperSport Leading (MSRP $39,995)

For additional information on Damon Motors, visit www.damon.com

Blitz Motors completes order of 450 electric powered shipping scooters to Domino&#8217s Pizza Israel, in a NIS 15.6 million deal

Resource: push launch Blitz Motors | Blitz Motors (Israel), which develops, patterns, manufactures and marketplaces intelligent environmentally pleasant electric scooters has announced the completion of a deal to totally electrify Domino&#8217s Pizza&#8217s shipping scooter fleet, which will turn out to be the first corporation in Israel with a 100% electrical and green fleet. This offer makes Israel the to start with state in the earth in which Domino&#8217s Pizza operates with a shipping fleet exclusively built up of electric scooters.

Business talk - industry news - investor relations - THE PACK - Blitz - Damon Motors - EnergicaImage: Domino&#8217s

The deal, worthy of a total of NIS 15.6 million, consists of the electric powered scooters and a few a long time of servicing. Blitz will entire the shipping of 130 extra scooters to Domino&#8217s Pizza by the close of the initial quarter of 2021, in addition to the 320 scooters, which have been purchased in recent several years and have been sent by September 30, 2020. With the latest shipping, the swap to an complete fleet of 450 electrical scooters will absolutely change Domino’s Pizza delivery fleet.

Domino&#8217s Pizza Israel operates 60 branches with 250 workers and possesses one of the premier fleets of scooters in Israel. &#8220As section of a chain functioning all through the country in the coronary heart of the residential neighborhoods of our prospects, environmental and ecological values are shut to our heart,&#8221 explained Domino&#8217s Pizza Israel Franchise operator and CEO Yossi Elbaz. &#8220We are happy to be the initial shipping and delivery company in Israel taking care of its whole fleet dependent on silent and environmentally pleasant electric powered scooters. In addition, renewing the scooters and replacing them is a very important step in protecting the security of our couriers. We thank Blitz Motors for their fruitful cooperation and consider that collectively we can make a transform in the shipping sector.&#8221

Business talk - industry news - investor relations - THE PACK - Blitz - Damon Motors - EnergicaPhotograph: Blitz Motors

&#8220The money and environmental personal savings of the go to electrical scooters has massive importance in the expense of the expense, prior to even speaking about the improved basic safety qualities of Blitz Motors&#8217s electric powered vehicles,&#8221 reported Blitz Motors founder and CEO Raphael Moszynski. &#8220The offer with Domino&#8217s Pizza is a major milestone in our growth and we consider the evidence of the potential that we have shown will open up up opportunities to extend our things to do abroad.&#8221

As component of the offer, Domino&#8217s Pizza has been furnished with the most up-to-date BLITZ 3000X electric powered scooter, which is intended for continuous vacation without having the have to have of remaining recharged. This is because of to swappable batteries that optimize the array in the electric vehicles. Recharging the battery is carried out by the buyers on their own at mobile charging details, which can be placed at just about every branch, making sure fast entire charging in less than two hours.

Domino’s Pizza Israel is preserving 702 tonnes of CO2 per 12 months, which is equivalent to 29,250 trees per yr, by switching its fleet to electrical scooters! This offer is a excellent accomplishment for continued partnership between Domino’s Pizza and Blitz Motors.

Ideanomics Invests in Italian Energica Motor Firm

Supply push launch Ideanomics | Ideanomics is pleased to announce it has acquired 20% of Italian Energica Motor Corporation S.p.A. (Energica) for the consideration of $13.2 million. Energica develops substantial general performance 100% battery-powered motorbikes. With this investment in Energica, Ideanomics expands its international footprint in the electric motor vehicle (EV) marketplace, and complements Treeletrik&#8217s small business in the ASEAN sector. This expense marks continued investment decision in European-dependent OEM.

Business talk - industry news - investor relations - THE PACK - Blitz - Damon Motors - EnergicaPhoto: Energica

&#8220Energica has combined zero emissions EV engineering with superior-efficiency engineering synonymous with Italy&#8217s Motor Valley to make a selection of fantastic merchandise for the motorcycle market. It also has proprietary EV battery and DC speedy-charging methods that have apps and synergies with Ideanomics Mobility. We are very impressed with Livia and her crew, and we look forward to supporting them by means of their future phases of advancement,&#8221 mentioned Alf Lousy, CEO of Ideanomics.

Energica RS Line Up

The swift boost of EV revenue that began in 2019 has continued to attain momentum above the earlier yr. The world-wide substantial effectiveness electric powered bike marketplace is rising at a CAGR of about 35% from 2019-2024. With its point out-of-the-art battery technological innovation enhancement, Energica was selected by Dorna as a solitary company for the FIM Enel MotoE™ Globe Cup. With this partnership, Energica has been in a position to test new battery solutions and innovations in intense situations with the ideal riders in the earth to advance its high-performance battery technological innovation.

Business talk - industry news - investor relations - THE PACK - Blitz - Damon Motors - EnergicaPhoto: Energica

&#8220We are proud to be element of this unified international system&#8221, states Livia Cevolini, CEO of Energica Motor Enterprise S.p.A. &#8220Ideanomics&#8217 network of impressive providers will enable accelerate the progress and adoption of new EV systems this kind of Energica.. We seem ahead to leveraging Ideanomics to capture market place share in the rapidly escalating global electric bike current market&#8221.

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