Polaris buys Brammo – an electric motorcycle maker

Post merger, the electric motorcycle maker will be focused on developing new electric vehicle powertrains.

According to a release, Polaris has bought Brammo – an electric motorcycle manufacturer from Oregon, United States. After the new leadership, Brammo will be responsible for developing, designing and integration of electric vehicle powertrains.

Commenting on the takeover, Scott Wine, Chairman and CEO, Polaris said, “We have enjoyed our involvement with Brammo Motorcycles over the past three years, and our excitement about their industry-leading lithium-ion electric drivetrain technology has increased commensurate with their improvements in cost and performance. Polaris and Brammo share a goal of adding the most advanced and highest capability electric solutions to Polaris’ portfolio of leading powersports products. Today’s announcement strengthens not only Polaris’s commitment to bringing our consumers lithium-ion electric solutions, but also this partnership’s ability to continue innovating and developing leading electric drivetrain technology. We anticipate a return on these investments and believe the new alignment brings us that much closer to delivering world-class electric solutions across our products.”