POLARIS BUYS THE BRAMMO ELECTRIC BIKE COMPANY

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BRAMMOEMPULSEBrammo Empulse R.

It should come as a no surprise that Polaris has bought the Brammo electric motorcycle company—it invest $28 million into the company in 2011 and an additional $13 million later. Polaris didn’t release how much they paid for Brammo’s Oregon-based motorcycle assets in this final deal. Polaris uses Brammo’s electric systems and drive trains in some of its products. It plans to use the technology acquired in the deal to build electric motorcycles at its Spirit Lake, Iowa, facility later this year. The two companies will be able to take advantage of the Polaris and Victory motorcycle lines, while utilizing Brammo’s lithium-ion electric drivetrain technology. Brammo is best known for its electric vehicles, including the Enertia and Empulse motorcycles. Polaris makes snowmobiles, ATVs, side-by-sides,Victory motorcycles, Indian motorcycles and French-based electric vehicles companies Goupil and Aixam Mega.

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