U . S . based Tech Investor Buys Majority Stake in Energica
Ideanomics , a New York based , NASDAQ listed private equity investor has followed up its acquisition of around 20 % of the shares in Italian electric sports bike manufacturer Energica by increasing its stake to a controlling 70 % interest . Ideanomics is a global company that " specializes in facilitating the adoption of commercial electric vehicles " and that supports " next generation financial services and fintech products on a sales-tofinancing-to-charging ( S2F2C ) basis in high-growth potential markets ". Energica and Ideanomics are proud to announce an agreement to launch a voluntary conditional tender offer for ordinary shares and Warrant issued by Energica . As a result , Energica will be delisted from trading on AIM Italy . " IDEX is increasing its commitment to Energica to further support its growth trajectory while maintaining the Italian footprint and expertise . As Ideanomics continues to expand its global mark in the electric vehicle ( EV ) industry , especially in the high-growth twowheeler market , Energica ' s demonstrated technical , battery and industrial expertise will be vital . A plan was announced on September 20th to more than double Energica dealers in the United States by the end of 2021 , targeting markets that have demonstrated a propensity for early electric vehicle adoption . " The goal of this expanded partnership is to strengthen the Italian company ' s position as a global leader in the world of high-performing electric motorcycles , while maintaining the strong Italian heritage that has always distinguished the company . This will be achieved by putting Ideanomics ' global footprint , financial resources and growing EV vehicle and infrastructure capabilities together with Energica ' s highly demonstrated technical and industrial skills . " The result is an exciting new chapter for Energica and its team , which will be filled with new resources looking towards continuing and building on their success around the world for this amazing product that was conceived , designed and built in Italy ." Energica ' s global sales growth in recent years has been dramatic in percentage terms and its involvement as the ' Spec ' electric motorcycle provider for the FIM Enel MotoE World Cup - a contract with rights holder Dorna that was recently extended to at least the end of the 2022 season . With its investments in Energica , Ideanomics continues to expand its
The Energica EVA EsseEsse9 series shares the technology and sophistication of both the EGO and the EVA Ribelle , but is more suitable for casual riding without the demanding hyper-performance of the other two models . The EVA EsseEsse ' s classic bench seat and relaxed riding position make it the ideal bike for two-up riding and the preferred choice for long-distance electric touring .
Shane McMahon , Ideanomics Executive Chairman and Livia Cevolini , Energica CEO
global footprint in the electric vehicle ( EV ) industry , especially in the highgrowth two-wheeler market , complementing Ideanomics ' Treeletrik business , headquartered in Malaysia and serving the ASEAN market . The global high-performance electric motorcycle market is expected to grow at a CAGR of over 35 % from 2019-2024 . The announcement came after the company organized its first " Energica Week ". Billed as a " seven-day celebration of our electric future ", the e-Fest concluded at the Misano World Circuit Marco Simoncelli , for the final 2021 season race of the FIM Enel MotoE World Cup .
NCCR Rotax / Buell ' Helicon ' SuperSingle by Ben Purvis
It has been nearly 30 years since Ducati ' s legendary but limitedproduction Supermono demonstrated the potential of converting a V-twin engine into a balanced single-cylinder - and now Swedish company NCCR is performing the same trick on the Rotaxmade Buell Helicon engine . The Helicon was the basis of the final
generation of original Buell machines , including the 2007-on 1125R and 1125CR , and went on to form the basis of the Erik Buell Racing 1190 models that emerged from the ashes after Harley-Davidson closed Buell in the wake of the 2008 financial crisis , with power ranging from 146 hp to 185 hp . By turning it into a single , with an initial capacity choice of 562 cc or 595 cc , depending on whether it ' s based on the 1125 or 1190 Helicon , NCCR expects around 70 hp , with the option to increase that to 90 hp with a planned big bore kit to raise capacity to 660 cc - 700 cc . Why build a single from a V-twin ? The answer today is the same one that Ducati explored in its 1992 Supermono : the unused cylinder forms the basis of a balancer mechanism to eliminate the usual single-cylinder vibes . In simplified terms , the piston and cylinder are removed and the conrod is bolted to a pivoting balance weight mounted in a new casting that bolts on where the cylinder should sit . It ' s a balance system that worked not only on the original Supermono , but more recently on BMW ' s parallel twin models , which have a rocking balancer below the crankshaft . The NCCR engine isn ' t simply a Ducati Supermono copy , though . The initials stand for Northern Classic , Custom and Race , and NCCR was EBR ' s European partner . The company also looks after the original EBR WSB race bikes , as well as EBRs that competed at Macau and the IoM TT . To create the first SuperSingle , NCCR has opted to remove the V-twin ' s front cylinder , where Ducati sliced off the rear one . The result is a backward-leaning single-cylinder with a reverse cylinder head - intake at the front , exhaust at the rear . It ' s an unusual layout , but not unique ; Honda ' s Moto3 race bikes use the same rear-leaning , reverse head idea , as do certain Yamaha motocross bikes and BMW ' s single-cylinder G310 models . However , there ' s little reason that the same kit of conversion parts couldn ' t be used to remove the rear cylinder and keep the front one if the layout works better for some applications . Jens Krüper , co-founder of NCCR , explains : " The SuperSingle concept gives us some great opportunities , like positioning the working cylinder front or rear , depending on which weight distribution you are looking for . Modern standing Enduro riding styles always generate bad rear wheel traction , that ' s why we use the rear cylinder position for our first build now . It also gives us excellent packaging possibilities to protect other components like the
radiator and the exhaust system . " Imagine how reliable that engine will be - three litres of oil plus a clutch and gearbox that can easily handle more than double of the power we ' re aiming on . The Helicon is a very reliable and long-term proven engine platform . The engines are fairly cheap to find , and last but not least , we have more than a decade of experience with it ." NCCR is initially building the engine into a ' travel enduro ' demonstrator , but also envisages a future for the engine in a Sound of Singles race machine using the big bore version of the Helicon based unit . Birgit Krüper , CEO at NCCR , explains that the company will make the engines available along with chassis kits , and may even offer complete machines : " We see a clear business opportunity in developing the SuperSingle engine concept . In times when most bikes get heavier and heavier and have more and more technology on board , a light and simple but rugged and reliable set-up will have its market . With making engine and chassis components available , we plan to support costfriendly individual bike builds ."
26 AFTERMARKET MOTO DESIGN - NOVEMBER 2021 www . AMDchampionship . com