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BRIEFS
Montreal , Canada based Taiga Motors Corporation ( TSX : TAIG ) has announced that it has started deliveries of its 2022 Orca electric personal watercraft - saying it has achieved the world ' s first electric personal watercraft sale . Taiga claims to have developed the world ' s first performance-focused , commercial electric off-road powertrain . First installed into its snowmobiles , then adapted and fine-tuned for the Orca PWC , it delivers a claimed 120 kW and peak torque from zero rpm . Taiga initiated North American deliveries of its Nomad snowmobile in March and made its European debut in April .
Eugene , Oregon , based Arcimoto , Inc . ( NASDAQ : FUV ), makers of " rightsized , outrageously fun , ultraefficient electric vehicles for moving people and stuff ," says it produced 102 vehicles in the second quarter , the highest vehicle production quarter in the company ' s history , and that the company delivered 41 customer vehicles and produced 41 vehicles for commercial pilot programs and marketing use . The company also produced 20 rental vehicles , and now totals 109 rental vehicles across Arcimoto and partner rental locations . Founder and CEO Mark Frohnmayer says that " we continue to target 1,000 vehicles produced for the year ."
Polaris Inc . has announced that Ben Duke has been named President of Marine . Duke will succeed Jake Vogel , who is transitioning to a strategic advisory role at Polaris . Both Duke and Vogel will report to Polaris CEO Mike Speetzen .
Now in its eighth season as Official Tire Supplier to MotoAmerica , Dunlop has signed on for three more years . Dunlops are the spec tires for all six classes of the Auto Parts 4 Less MotoAmerica Championship .
Capital World Investors ( CWI ) has filed a 13G schedule with the SEC disclosing ownership of more than 5 % of Polaris Industries Inc ( PII ). In fact , CWI has increased its ownership stake from 6.22 % of the company to be currently holding 5,980,373 shares , representing 10.1 % ownership of the company . This puts them ahead of the 9.72 % owned by Vanguard Group , BlackRock Inc . ( 8.07 %) and State Street Corp ( 6.95 %) as the only investors with greater than a 5 % stake . There are 899 funds or institutions reporting positions in PII - a decrease of 90 owners and 9.10 % in the last three months .
Biltwell - People ' s Champ 2022 Custom Bike Show
California based Biltwell has announced Clay Krick , a 22-year-old welding contractor from Lebanon , PA , as the 2022 People ' s Champ Bike Show winner after he topped online voting among six semi-finalists . Staged in June at Cook ' s Corner , the legendary biker bar in Southern California , in addition to the tenthousand-dollar grand prize provided by People ' s Champ sponsors , Krick ' s 1976 Honda CB750 chopper earned a coveted space among the invited builders at The Born-Free Motorcycle Show the Saturday and Sunday after the young customizer ' s beer-soaked victory . Organized as always by Biltwell Inc . and presented this year by Modelo beer , The People ' s Champ Custom Motorcycle Build-Off shines a spotlight on younger and lesser known , but supremely talented motorcycle
Arrowhead Engineered Products to Buy Bihr from Alcopa
Subject to regulatory approval , Blaine , Minnesota based Arrowhead Engineered Products ( AEP ) has agreed to acquire 100 % equity ownership of Bartenheim , France based distributor Bihr from present owner Alcopa of Kontich , Belgium . AEP is the owner of Vertex Pistons , in Italy , and Boise , Idaho based domestic U . S . distribution major Western Power Sports , among an impressive portfolio of mostly American powersports industry parts and accessory brands such as All Balls Racing , Hot Cams , Pivot Works and Cylinder Works . Alcopa , which traces its roots in automotive and motorcycle distribution in Belgium and beyond back to 1937 , acquired Bihr in 2010 . In recent years it has been funding an
aggressive strategic acquisition program to grow the Bihr business footprint . This has included the MotoDirect Distribution , RST Apparel and Race FX operations in the UK and , most recently , noted Hamburg , Germany based distributor and brand owner Paaschburg & Wunderlich . AEP saw a majority stake in its business bought by the massive Genstar Capital private equity firm in the USA last year , having previously been in the ownership of the
builders from around the world . Clay Krick ' s handcrafted Honda was a 15-foot-long tour de force and earned the greatest total number of winning votes in the contest ' s history . Head-turning features of Krick ' s record-setting chopper included a sixfoot-long rigid girder fork , a gooseneck swingarm frame , a psychedelic paint job , and enough crushed velvet to make Liberace second guess his commitment to flamboyance and excess . www . biltwellinc . com
John Mosunic , CEO of Arrowhead Engineered Products
Investcorp / Bahrain Sovereign Wealth Fund backed Riverside Group . Bihr was founded in 1975 by industry veteran Cyrille Bihr and these days has a portfolio of some 350 brands ( including being a major player for Arai Helmets in Europe ) and distributes some 200,000 + SKUs to a growing network of 15,150 dealers across 20 countries from a total distribution centre footprint of over 54,000 sq m .
20 AFTERMARKET MOTO DESIGN - AUGUST 2022 www . AMDchampionship . com