ElectricMotorcycleForum.com
Makes And Models => Zero Motorcycles Forum | 2013+ => Topic started by: enaef on November 06, 2019, 04:05:11 AM
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TechCrunch
We talk to the CEO of Zero Motorcycles and visit their California factory to check out the new electric SR/F.
https://www.youtube.com/watch?v=dLH1T6Rod_s
".... more a model S than a model 3 ..."
"Private equity partners invested allone about 250 million $ for the last 10 years of the 13"
(Samuel Pachel, CEO)
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Can it still be called a "Start Up" if they've been in business for over a DECADE??
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I was surprised to hear that Zero has received $250 million in funding over the years, mostly from the same source. Now that is dedication. Much more so than the funding source that Alta Motors had.
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I was surprised to hear that Zero has received $250 million in funding over the years, mostly from the same source. Now that is dedication. Much more so than the funding source that Alta Motors had.
It must be a labor of love. I can't see that VC ever making their money back.
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Long-running startups are pretty common out here.
My spouse's company is nearly twenty years old and is still a startup - tho they've had a profitable product for over ten years of it.
-Crissa
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I'll bet that major OEMs have put more money than that into electric motorcycles that they haven't shipped. And definitely other electric car startups have taken a documented huge amount more than Zero without delivering, and then imploded.
Zero, despite the limitations that entails, runs very lean for a vehicle startup. I think the admission here that they need to scale up production now and it's very difficult, is honest. It's a nice problem to have, but it's a serious problem - Zero can't sit where they are for long without either growing further or probably facing some consequences from investors or the market.
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Here's a new interview of Sam Paschel from EICMA 2019
https://www.youtube.com/watch?v=ycc8YvIY9ys
SR/F platform will obviously be the new base platform for all future Zero's. And looks like they're also aiming at a new production facility to meet demands for the SR/F.
8)