Sources : AMD , IDN , FT , Reuters , PSB , MPN , BDN , MCN , AP , Bloomberg , MSNW , Electrek , electricmotorcycles . news , RideApart . com , Motor1 . com , Cycle World , motorbikewriter . com news ROOM
NEWS
BRIEFS
BRP has won no less than six 2024 Red Dot design awards - for its Advex snowmobile helmet , Lynx Adventure electric snowmobile , Can-Am Outlander Pro and Can-Am Maverick R , and Sea-Doo Spark PWC . The Sea-Doo Spark has also been awarded an iF design award from over 10,000 submissions from around 70 countries .
After laying off some 70 workers in April , and parting company with its CFO in June , Montreal based electric snowmobile and PWC manufacturer Taiga Motors Corporation ( TSX : TAIG ) has filed for Bankruptcy Protection in the Superior Court of Québec . A formal sale and investment solicitation process was initiated prior to commencing the proceedings .
According to the Transport Ministry in Germany , bikers are doing fewer and fewer miles ( km ), with the average annual mileage of motorcyclists reaching an all-time low . Current statistics on " domestic mileage " say that the average motorcyclist covered 2,062 km last year ( previous year : 2,087 km ). Ten years ago , the average was 2,321 km .
Race legend Wayne Rainey is ' leading the charge ' to restore domestic U . S . riders ' access to the MotoGP premier class race grids of the world ( mostly of Europe ) by spearheading the establishment of a MotoAmerica Talent Cup to help the top homegrown riders succeed in the Red Bull Rookies Cup . " From once being where everybody wanted to come to learn and hone their track schools , it has now been nearly two decades since an American won the World Championship with the late , great Nicky Haydon in 2006 ."
Stark Future secures additional production funding
Founded in 2020 in Barcelona by Swede Anto Wass , Stark Future ' s Stark Varg is one of the most admired electric PTWs yet to hit the market , with the company on track to become one of the fastest-growing Spanish start-ups in history . The new line of credit was finalised some four months ago with ' Big Bets ', one of the leading start-up investors and an active backer of successful repeat entrepreneurs . " This strategic financing represents a significant milestone for Stark Future ," says CEO Anton Wass . " It will serve as crucial working capital , empowering the company to further expand its production capacity and accelerate its ambitious goals for the Stark Varg electric motocross bike . The funds will be directed toward bolstering production capabilities , optimising manufacturing processes and advancing research and development endeavours related to the Stark Varg ." Big Bets has been a shareholder in Stark for two years and is run by Anton Gauffin , originally from Finland and an investor , and founder of Huuuge Games . " We are delighted to strengthen our partnership with Big Bets , a valued partner that shares our vision for innovation and sustainability . This credit facility will provide us with the necessary resources to drive our expansion and solidify our position as
Anton Wass , CEO , founded Stark in 2020 .
a leader in the electric motorcycle market ." Stark Future has already significantly increased its production capacity , with its state-of-the-art factory near Barcelona housing advanced robotic assembly lines of both the battery pack and the motorcycle . Stark Future now delivers in more than 50 countries across the world , with the United
Stark ' s 20,000 sq m production facility near
Barcelona
States being the largest market . Stark says it currently produces 1,000 motorcycles per month . Stark Future has a healthy-looking investment funding profile , with € 50m from Royal Enfield parent company Eicher Motors Ltd ., in exchange for a 0.35 % equity stake , and a further € 20m from Santander . Stark established its 20,000 sq m factory outside Barcelona in 2022 and began development of road-legal models in 2023 , with a first launch slated for 2025 . www . starkfuture . com
Stark Varg electric motocross bike