Interview With Dandelion (Geothermal) Co-Founder Kathy Hannun
Could you quickly explain how geothermal energy works, and where it is particularly useful?
Geothermal heating and cooling is done by using a heat pump to move heat between the ground and a home or building. The term ‘heat pump’ may be unfamiliar, but heat pumps are actually ubiquitous in modern life: refrigerators are heat pumps, as are air conditioners. Both refrigerators and air conditioners use electricity to move heat from one place to another: in this case, from the inside (of the fridge or building) to the outside.
Geothermal heat pumps are similar, but instead of only moving heat in one direction, they are bidirectional. This allows them to both heat buildings and cool them. And instead of moving heat from the building to the outside air, like an air conditioner does, they move heat between the building and the ground.
This matters because heating your home is most urgent and essential when it’s very cold out, which is precisely when there is the least amount of heat in the outside air. And cooling your home is most urgent and essential when it’s very hot out, exactly when it would be most difficult to reject heat from your home into the outside air. This is why air conditioners are so difficult for the electricity grid: they operate least efficiently exactly when everyone uses them most, on the hottest days of the year.
Geothermal heat pumps sidestep this problem by exchanging heat with the ground instead of the outside air. The ground maintains a mild temperature year round (which is the average air temperature over the course of the year in that location). Because of this, even on the hottest or coldest days, geothermal is still extremely efficient and effective.
Geothermal heating and cooling tends to work best in places where it gets cold in the winter and hot in the summer. This is because these climates require a lot of heating and cooling, and it’s in these places that geothermal has the most advantage over air source heat pumps, which exchange heat with the air outside (air source heat pumps are essentially air conditioners that can run in reverse to do both heating and cooling.)
You have a cost example between oil, natural gas, and propane on your page, s0 how do you think these costs are going to develop the next 5 years?
In the Wall Street Journal last week there was an article about options traders betting on a return to $100 oil. I can’t predict oil prices over the next five years, but oil prices have been relatively low since I co-founded Dandelion in 2017, so I bet oil prices are more likely to rise over the next five years than they are to fall. In terms of how geothermal costs are going to develop in the next 5 years, I think 10% lower YOY is a good estimate.
What different forms of geothermal are there, since we see geothermal in the context of residential housing as well as in big commercial plants?
Geothermal can refer to harnessing energy from the earth’s core, the type Iceland is famous for, but this is not what Dandelion’s geothermal heat pumps do. The heat that geothermal heat pumps collect from the relatively shallow surface is actually stored sunlight, not energy from the earth’s core, so despite the name ‘geothermal,’ geothermal heat pumps are actually using stored solar energy.
How did you learn about the potential of geothermal, and what convinced you to co-found the company?
I learned about the potential of geothermal heating and cooling from a colleague at Google, Bob Wyman (I started Dandelion as a project at Alphabet’s X before spinning it out as a startup). He made a compelling case that widespread geothermal heating and cooling was the most important climate intervention we could take in the US, but that, despite that, geothermal heat pumps were getting approximately no attention.
It was an audacious claim, but he had detailed data and logic backing it up, so his argument captivated me and motivated me to learn more.
That interest developed into co-founding Dandelion when I became convinced that, 1) Geothermal heat pumps have a critical role to play in offsetting carbon emissions from buildings; 2) They align the customer’s financial interests with society’s best interests; 3) The market potential is gigantic; and 4) The barriers that have prevented geothermal heating and cooling from scaling in the past are addressable.
Is there a certain story behind the name Dandelion?
Dandelions have a taproot that can grow as deep as ten feet into the ground. Even if you cut the flower off at the surface, the taproot can regenerate a new one. Similarly, geothermal ground loops extend far into the ground and they last for as long as the home itself. So after 20 years, when it’s time for the homeowner to replace their heat pump, they can just swap it out with another one and connect it with those same ground loops.
There is something very satisfying about the fact that each time we install ground loops in a yard, that home will have access to geothermal heating and cooling forever. Or at least, as long as that home exists.
If you look back to the investment the company received, did the investment landscape and interest in geothermal change visibly in the last few years?
The investment landscape for clean tech has changed dramatically since I co-founded Dandelion in 2017. In 2017, very few investors and even fewer mainstream VC investors were interested in clean tech. Now it seems like there is widespread interest. This makes sense to me because investors have seen that clean tech companies like Tesla can offer massive returns, and the political and business trends suggest clean tech will be a huge part of the future.
Could our readers get out and buy geothermal right away, and in which states (if we’re talking about the US) would it make the most sense (on average)?
Geothermal makes the most financial sense for homeowners who are paying a lot for heating and cooling today. Typically, these are homeowners in cold climate states, especially those using heating fuels like fuel oil or propane.
Some states and utilities also offer generous incentives for geothermal heating, such as NY, CT, MA, SC, and VT, among others.
Most readers will likely be able to find a company that can install geothermal heating and cooling in their area, but the cost may be high. Dandelion exists because we see a need to make geothermal heat pumps more affordable and the process of getting them easier for homeowners, and we look forward to being able to extend that work to more and more places over time (today Dandelion works in NY, CT, and VT).
What is your main competition, and how is Dandelion different?
Our primary competition today is inertia, which is to say conventional heating and cooling options. When it’s time for homeowners to replace their furnace or boiler, many homeowners seek the recommendation of their contractor, who is likely going to recommend the products and brands he or she is most familiar with (typically furnaces and boilers).
Our challenge is to raise awareness of geothermal heating and cooling. We’re different from other geothermal heating and cooling providers because we do residential retrofit at scale. This has let us leverage the fact that we’re serving hundreds of homeowners in a given area to get all of our homeowners better pricing on their equipment and the installation. We’ve also focused on streamlining the customer experience to make the experience of getting geothermal simple and straightforward.
If you could found the company over again, what things would you do differently today?
So many things! Hard to overstate how many things! But here are a few:
- I would have looked for mentorship even earlier. I was incredibly fortunate to get connected with Dan Yates, the cofounder and CEO of Opower, about a year into the company, and he had a transformative impact on Dandelion and on me as a leader. If I could have learned even a fraction of what he taught me sooner, I would have saved myself and others a lot of stress during those early years!
- I wouldn’t have assumed partners, subcontractors, or anyone else except Dandelion would solve the problems we needed to solve to make the business work. When I started the company, we had a model that assumed local HVAC contractors would sell and install geothermal for customers on behalf of Dandelion. It didn’t take us very long to realize that given these activities were so central to our mission of making geothermal heating simple and affordable, we couldn’t outsource them to others.
- I would have been less tolerant of underperformers. I think this is a hard lesson for many new managers, but at the beginning of Dandelion when I was still relatively new to managing a team, I spent an outsized portion of my time and energy dealing with the most difficult employees. With many hard lessons behind me now, I invest the bulk of my time with the highest performing employees, because they are the ones that will build the business and carry us furthest toward our mission.
What other cleantech and general development do you find particularly interesting or fascinating? What would you love to get involved in more but don’t have the time?
I’m an advisor to a startup called Noon that’s inventing a way to use cheap, abundant materials to store a lot of energy at a very low cost. While clean tech history is littered with battery failures, I find Noon exceptionally compelling because it’s one of those bets that could change everything if it works.
If you could suggest a particular law (cleantech or otherwise), what would you suggest?
An extension of the Investment Tax Credit for at least a decade at 30%. This would go such a long way in allowing critical clean technologies like geothermal heat pumps to scale.
Are there some companies you’d really like to work with, but haven’t quite gotten through to yet? Maybe some employees or shareholders are reading this and can reach out! 🙂
We are working with quite a few utility companies across NY, CT, and now VT to offer geothermal incentives for homeowners to transition from furnaces and boilers to heat pumps. These programs have been very successful: they’re good for utility companies because homeowners who use geothermal will typically use more electricity, especially on off-peak times, like night and winter. Geothermal heat pumps also dramatically reduce summer peaks. It’s good for homeowners because it makes geothermal heating and cooling more affordable. We are always looking for additional utility companies to work with, to make geothermal heating and cooling available in more states.
Are you hopeful for humanity, and what would need to happen to make you more hopeful?
I am very hopeful. We have very real challenges to solve, but for the average person, life on this planet has never been better than it is right now. Life expectancy has increased more since 1900 than it had in the preceding 8000 years, and the quality of our lives has astronomically improved with electricity, refrigeration, antibiotics, sanitation, genetically modified crops, the internet, and so many other world-changing innovations that are only a hundred or so years old.
I think it’s likely humanity will continue its pattern of successfully innovating our way out of our biggest challenges.
All images courtesy Dandelion
The 2025 Can-Am Origin electric motorcycle is the pinnacle of fun, just as long as your good time can fit into 69 miles of riding between charges. What it lacks in long-distance range, it makes up for in versatility, rugged style, and instant torque that’s ready for the road and trail. Each twist of the throttle delivers immediate electric propulsion. Its futuristic design and stealthy motor hum make the Origin a dual-sport machine pulled from tomorrow that wonderfully celebrates Can-Am’s two-wheeled heritage of decades past. I also spent some time on the road with the more approachable Can-Am Pulse, a standard street bike with a slight range advantage.
Can-Am style and comfort through technology
The Can-Am Origin is unlike any electric motorbike that has entered my garage. Its tall stance, 21-inch front and 18-inch rear wheels, and high ground clearance practically beg to be taken off your routine street routes. Can-Am simultaneously delivers an infotainment system on a dual-sport bike that, respectfully, makes much more expensive electric motorcycles look like tech dinosaurs in comparison.
The Origin’s dashboard has specs that every electric motorcycle company should copy. Equipping this system to an electric dual-sport feels like a total luxury. The Origin features a giant 10.25-inch color touchscreen with BRP Connect and a clean user interface that automatically switches between light and dark mode and adjusts brightness. In addition to a digital speedometer, you can quickly switch between ride modes, view battery status, check estimated range, and more.
Ride modes include Normal, Sport, Rain, Eco, two different Off-Road modes. You can toggle traction control and fine-tune front and rear regenerative braking independently, each with Off, Mid, and Max settings. Controls are accessible via the touchscreen when parked or through handlebar-mounted thumb controls while riding.
The UI adapts to show either large gauges or a split between speedometer and infotainment applets. Bluetooth connects the bike and your phone, and Can-Am has included built-in wifi for over-the-air software updates. These are the kinds of features you’d expect on a premium electric motorcycle in 2025, but they’re not guaranteed.
For iPhone users, there’s Apple CarPlay integration. Two caveats: first, the system uses USB-A instead of USB-C, so newer iPhones will require an adapter or a USB-A to USB-C cable that supports data, not just charging. Second, it only supports wired CarPlay, not wireless, despite the bike having both wifi and Bluetooth radios onboard.
Those two complaints aside, the CarPlay integration is next-level. The touchscreen is responsive when parked, and everything remains fully controllable through the handlebar controls while riding. Access to apps like Maps, Music, Messages, and Phone while on the move is a real convenience. There are also motorcycle- and EV-specific apps with CarPlay are right at home on the Can-Am system.
There are no built-in speakers, so Can-Am relies on Bluetooth audio outputs. The setup is clever, supporting two output channels: one for the rider and one for the passenger helmet comms systems. I experimented by tossing a Bluetooth speaker onto the handlebars and was surprised to find it worked well in sub 50 mph environments as an open-air audio solution.
My only real hardware gripe on a bike that otherwise outshines much of its competition is the lack of self-canceling turn signals. Not every bike has them, but every bike that lacks them is missing out. There’s nothing less cool than riding around with your blinker still flashing. Fortunately, the dash clearly displays active signals. Still, I initially thought the right indicator light on the dash wasn’t working until I realized a single cable runs directly in front of it from my seated position. It’s a small, oddly specific problem that may be specific to my loaner bike, but I can’t quite position the cable differently.
Overall, I give the look and tech a 9.75 out of 10 for delivering both style and features that I actually want and use.
How the Origin feels to ride
At 5’10” with a 30-inch inseam, I find the Origin’s seat height tall yet correct for a dual-sport bike. Throwing a leg over feels a bit like saddling up on a horse, and once I’m on, it’s immediately comfortable. I can straddle the bike confidently, with my left foot planted on the ground and the other hovering around the rear brake. Any taller, and it might feel like a stretch; any shorter, and the ride position wouldn’t feel as commanding. The elevated stance provides a clear, confident view of the road or trail ahead, and the headlight system works adequately. It sets the Origin apart from the lower, more compact feel of traditional street bikes.
With this bike, Can-Am delivers an awesome mix of rugged reality and futuristic aesthetic. The Origin’s angular black-and-white bodywork and tall riding position regularly invokes the feeling of a stormtrooper hovering through the moon forest of Endor on a speeder bike. That particular vibe is especially strong at speed, where the elevated stance and electric torque make it feel like you’re gliding just above the terrain. At lower speeds, the illusion shifts. The stealthy motor hum fades behind the subtle roll of tires on pavement, creating a sensation much like quietly cruising up on a skateboard. It’s stealthy, smooth, and serene.
In terms of performance, the Origin tops out at 79 mph for me, providing plenty of speed for highway rides. Can-Am rates the 0-60 mph acceleration at 4.3 seconds, but frankly this bike feels like it might toss you overboard if you push it that quickly. Can-Am estimates range of up to 90 city miles and 71 mixed environment miles. On one test ride, I ran the battery from 100 percent to 1 percent over the course of 2.3 hours, covering 58.7 miles at an average speed of 24 mph, according to the bike stats.
According to my stats, it was many more hours of fun in the sun with a break for lunch at the park by the water in between riding sessions. That ride was done entirely in Sport mode with regenerative braking turned off, and it returned an average energy consumption of 9 miles per kilowatt-hour. It’s a solid showing for an electric dual-sport, especially considering the aggressive mode and lack of regen for the most reactive and relaxed ride.
Sometimes I love the feel of regenerative braking on electric cars and motorcycles. It can add to the feeling of responsiveness. I found regen on this bike to feel a bit more tight and underpowered for my liking, but it’s there as an option for extending range. With regen turned off entirely, the Origin felt significantly more loose and natural to ride. On the Origin I consistently opted to leave both front and rear regen off. We’ll see how the Pulse feels when I test that model next.
I must have logged over 500 miles across four weeks with the Origin. The lasting impression is that when you gain muscle memory for how the bike responds to throttle spin and body movement, riding the Can-Am Origin feels like playing an amplified electric guitar. Every incremental finger and palm positioning has a result, and when you find your rhythm, suddenly you’re creating music.
The other piece of the Can-Am Origin experience that I didn’t anticipate is the conversational aspect. Electric vehicles are still novel to many, and electric motorcycles are an absolute enigma to most. “Can it get wet?” is still the classic question that many ask. But from day one to day 28 of test riding the Can-Am Origin, it was the brand itself that got people asking me about the bike.
My takeaway is that people have a real affinity for the Can-Am brand as well as a nostalgia for the days of two-wheeled Can-Am motorbikes. When they learn that Can-Am is back on two wheels in the form of a bad-ass looking electric dual-sport motorcycle, people react like they just met a the much younger version of a celebrity in their home town. It’s a fun thing to experience.
Can-Am has earned its place as an electric motorcycle brand to consider
The Can-Am Origin is an incredibly thoughtful and fun take on what an electric dual-sport can be. It pairs rugged styling with a high-tech, feature-rich interface, offers plenty of real-world performance, and never stops turning heads while doing it without trying. From its futuristic design and surprisingly refined touchscreen to the tall, confident riding position and intuitive handling, the Origin is a complete package, so long as your expectations around electric motorcycle range are in check.
Priced starting at $14,999, the Origin slots in competitively against other premium electric motorcycles, though it leans more toward adventure and off-road versatility than urban street performance. It doesn’t quite reach the power or fast-charging capability of more premium priced machines, yet it undercuts in price and adds very useful touches like Apple CarPlay, OTA updates, and dual regen tuning.
If money were no object, I’d gladly keep one in the garage. It’s just flat-out fun to ride. From quick errands and joyrides to weekend backroad escapes, the Origin is a thrill machine that leaves you smiling between rides. Can-Am has a huge selection of first-party accessories to customize your bike as well. This configuration above makes me drool.
Range will be the limiter on machines like this for a while, and while around 70 miles between charges is enough for plenty of use cases, it still has to be a part of the conversation when talking recommendations. But here’s the thing: despite that limitation, electric motorcycles are a ton of fun right now. And if you’ve got either a high pain tolerance for early adoption or healthy access to good charging infrastructure, you can absolutely push them further.
The Origin is compatible with both Level 1 (standard wall outlet) and Level 2 (240V) charging, but not Level 3 DC fast charging. Can-Am rates Level 2 charging at 0 to 80% in 1.5 hours and 0 to 100% in 3.5 hours. In practice, that translates to plugging in and waiting a few hours between fun sessions. For some riders, that’s no big deal, especially if spending time at your destination is part of the trip.
I certainly don’t live along the great electric freeway of California, but my coastal stretch of highway in South Mississippi is populated with electric charging stops.
In my testing, I used the Can-Am Origin for a roundtrip airport commute from home in Ocean Springs, MS to Gulfport, MS, and back. The airport was outside of the travel-there-and-back-without-charging range, but free charging infrastructure at the airport parking garage made it no problem. I rode there, parked, charged during my trip, and returned from the other side of the country to a full battery. So yes, it’s capable of handling local duties. But if long range is central to your riding lifestyle, it’s something to plan around. I think lower speeds and paid charging solutions along the way would allow me to reach New Orleans and return home, but I haven’t set out on that path with this bike.
The Origin isn’t perfect, but it’s arguably best in its category, well-executed, and just damn cool to experience. Can-Am absolutely executed on creating a great electric motorcycle experience despite not being solely focused on EVs or two-wheeled machines.
Can-Am Pulse experience
After 600+ miles on the Can-Am Origin, I had the chance to put some miles on a 2025 Can-Am Pulse electric motorcycle. My key takeaways? Both are excellent electric motorcycles with equally great CarPlay integration. The Pulse is more approachable with a low riding position and slightly more range. The larger storage capacity is also appreciated compared to the somewhat tight space on the Origin.
If I were choosing which to purchase without extensive riding experience, the Can-Am Pulse is absolutely the bike I would gravitate toward. It’s just a great standard street bike with awesome technology at a competitive price.
Above is a look at the redesigned CarPlay experience coming in September 2025 to iPhone in iOS 26, as seen on the Can-Am Pulse display. The new design flexibility makes CarPlay look more at home next to Can-Am’s UI that always appears on a third of the display. Since Can-Am supports CarPlay, the infotainment system will receive free upgrades as Apple enhances the iPhone-powered feature.
Can-Am also supports free over-the-air software updates to the bike itself. Updates are downloaded over wifi and installed using the built-in system on the bike. No visits to the dealership or firmware updates over USB drives required.
Here’s how both bikes compare on paper:
| Feature | Can‑Am Origin | Can‑Am Pulse |
|---|---|---|
| Starting MSRP | $14,499 | $13,999 |
| 0–60 mph | 4.3 sec | 3.8 sec |
| City range | 90 miles | 100 miles |
| Combined range (WMTC) | 71 miles | 80 miles |
| Charging (20→80 %) | 50 min (Level 2) | 50 min (Level 2) |
| Peak power | 47 hp (35 kW) | 47 hp (35 kW) |
| Continuous power | 27 hp (20 kW) | 27 hp (20 kW) |
| Torque | 53 lb‑ft (72 Nm) | 53 lb‑ft (72 Nm) |
| Dry weight | 412 lb (187 kg) | 390 lb (177 kg) |
| Seat height | 34 in (865 mm) | 30.86 in (784 mm) |
| Suspension travel | Front/rear 10 in (255 mm) | Front/rear 5.5 in (140 mm) |
| Drive modes | 6 modes (Normal, ECO, Rain, Sport, Off‑Road, Off‑Road+) | 4 modes (Normal, ECO, Rain, Sport+) |
Find more about Can-Am Origin and Pulse electric motorcycles here.
Electrek’s Take
I still think the Can-Am Pulse is the easier recommendation for most people, and you can kit it out as much as the Origin. Yet after around a month with each bike, I can’t help but think more about the Pulse. Can-Am really built a fun machine with that bike, especially with its commanding riding position and rugged style.
I would love to see a version with Level 3 charging speeds and greater range to expand the road trip potential, but both machines are super if your commute or leisure route works with the specs.
For now, Can-Am has delivered more than any other electric motorcycle maker when it comes to a giant display with CarPlay integration, attention-grabbing style, and options for two different riding preferences.
Want to learn more about the world of electric motorcycles and other two-wheeled EVs? Catch up on expert Micah Toll’s constant coverage, and subscribe to Electrek’s Wheel-E podcast for weekly updates.
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There’s something about the joy of playing around with Tonka trucks in a sandbox that men really never grow out of. Sure, we grow up, get real jobs, and most of us never take the toys back out of the dusty, long-forgotten box. But the desire is still there. And if you gave just about any former boy and reluctant adult the option, I’d be dollars to donuts they’d gladly play around with the life-sized version of their childhood construction toys in a heartbeat.
If that sounds like fun, then I’ve got good news for you. I just found the coolest grown-up toy construction vehicle and it’s unlike anything you’ve seen before. I’d argue that it slots in nicely as a perfect example of some of the coolest and weirdest things you can find from China’s endless supply of innovative EVs. So, for your viewing pleasure, I submit this week’s Awesomely Weird Alibaba Electric Vehicle of the Week: the Octo-dumper!
I really don’t know how to describe this vehicle. I’ve been at a loss for words before in this column, but at least there’s usually a general class of vehicle that these things fit into.
In this case, I’m hesitant to call it a dump truck – partly because it appears to be all dump and no truck.
It’s remote-controlled, so you could call it an RC vehicle, but the fact that I’ve seen cars smaller than this rig makes me hesitant to lump it in with the remote-controlled toys.
Then there’s the 8×8 setup here. The last time I saw an eight-wheeled vehicle like this was, ironically, it was a mobile crane that was unloading one of my containers full of fun Alibaba construction equipment. Wow, I didn’t expect to come full circle there so quickly.
But despite being unable to quite classify this dumper, I still love everything about it, and I kind of want one.
Measuring around six feet long (197 cm), it seems capable of carrying a fairly large load. They rate it for 2,200 lb (1,000 kg) of cargo, and it looks every bit ready for it.
The top speed of 9 mph (15 km/h) might not hold up when fully laden, but this isn’t exactly a vehicle built for speed. Or comfort, for that matter. It’s built for by-god gettin’ stuff done! And with a claimed 5.4 kWh of battery capacity, it’s going to be quietly hauling your junk around for a good long time before it needs a recharge.
The cargo bed appears to have the classic pickup truck tailgate in the rear, though it also adds a pair of side gates like an old Corvair 95 Rampside pickup, except that the side gates run the full length. Finally, the front also has a tailgate–err, frontgate? Basically, it’s gates all around to turn this thing into a rolling flatbed capable of carrying just about any oversized junk you can think of!
Just don’t start tipping it up while you’ve got all those gates down or you might lose your load. That’s right, don’t forget that this is also a dumper! Not just a transporter around a job site, you can unload your dirt, mulch, gravel, friends, or whatever you carry in here with the push of a button.
Now I’m not exactly sure what I’d do with one of these if I owned one, but I’m sure I could find plenty of uses. You never realize what you can do with an octo-dumper until you own one, and then it’s suddenly like, “How did I ever manage without this thing!?”
Now it will set you back more than a Tonka truck. But I’d argue that the sticker price of $2,482 is a small price to pay in order to have the coolest vehicle in the neighborhood! Just try not to think yet about the thousands and thousands of dollars in fees, import charges, shipping, and other expenses of actually receiving one of these in the West. Instead, think of the fun hayrides you could give the neighborhood kids, at least assuming their parents signed the extensive liability waiver that this thing would probably require.
Speaking of liability though, before any of you get the bright idea to try one of these, please be warned that I’m telling you that’s a bad idea. As I always try to remind my readers during these fun tongue-in-cheek Alibaba articles: don’t actually try to buy one of these things. Seriously. These wild-looking Chinese EVs may be fun to look at, but this is just a lighthearted weekend column where I dig through Alibaba’s bizarre and fascinating collection of electric vehicles. While I’ve had a few successful (and fun) purchases from the site, I’ve also been burned more than once – so it’s definitely not for the faint of heart or anyone on a tight budget.
That’s not to say some brave (or stubborn) readers haven’t taken the plunge anyway, ignoring my caution and venturing into the unknown. But please don’t be the one who gambles and ends up with empty hands and a lighter wallet. Consider this your official heads-up – I’ve warned you!
For now, let’s enjoy how awesome it is that something like this octo-dumper exists, and leave it at that. Until next time, and until the next weird Alibaba EV, this is Micah signing off.
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Italian electric motorcycle manufacturer Energica has just been handed a lifeline. Previously owned by US company Ideanomics, the famed motorcycle brand entered insolvency late last year after a period of financial duress prevented it from making payroll and continuing production.
Now, a new group of investors from Singapore has stepped in to take over.
The news was shared on Energica’s YouTube channel, and the company confirmed on LinkedIn that “The judicial process undergoing the sale of Energica has received an offer with a significant deposit from investors based in Singapore.” Energica says that the investors, who so far remain unnamed, “are enthusiasts that believe in, and share the common values of Energica.”
While it’s not certain how the buyout and revival will unfold, it appears that Energica is planning on getting the band back together. “If the process comes through successfully,” the company explained, “the same team behind Energica will be entrusted to run the operations, and we will continue creating cutting-edge technologies for our customers.”
With many of Energica’s impressive electric motorcycles already in circulation from years of sales leading up to the 2024 bankruptcy, the company seems focused on starting by supporting those riders. ” Our first order of business is to support the customers and community. The judicial process will be completed in 60 days, and we will continue to share updates during the time.”
Energica rose to fame by building high-performance electric motorcycles in Modena, Italy, and was one of the early pioneers in the premium electric two-wheeler space. Its lineup includes models like the Experia electric touring bike and the Ego sportbike. The company previously supplied race bikes for the MotoE World Cup until Ducati took over the role in 2023.
After being acquired by US-based Ideanomics in 2021, Energica initially benefited from an injection of capital that helped expand production and dealer networks. But Ideanomics itself has faced serious financial trouble, becoming unable to invest in the future of Energica.
Energica’s future prospects seemed dim at the time of its insolvency in 2024, but the uncertainty appears to be clearing with the hope that new owners can breathe fresh life into the company.
Even so, Energica’s core competency is building the fastest, most powerful, and longest range production electric motorcycles the world has ever seen, and that’s not exactly an inexpensive enterprise. Combined with current market trends that favor smaller, lighter, and less expensive commuter-spec electric motorcycles, it begs the question of whether or not a newly revived Energica will find a receptive market, or whether the company will be forced to expand the scope of its products to match better the type of electric motorcycles that are selling today.
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