Electric motorcycles may be the future, but most major Western companies still haven’t figured out how to make money from them. Not true for Barcelona-based Stark Future though, one of the only electric motorcycle makers outside of China to have reached profitability.
The company burst onto the scene in late 2021, unveiling an electric dirt bike that crushed combustion engine alternatives.
Claimed to be the fastest-growing company in Spain, Stark quickly made a name for itself with commencement of commercial sales of its Stark VARG MX. And with its success, Stark is doing something almost no other privately owned electric motorcycle company has done: it’s pulling back the veil and opening its books to show how it’s done something unique in the industry by reaching profitability.
According to the company, Stark just achieved a major milestone by recording its highest-ever monthly revenue of €18.3 million in April 2025 while delivering a positive EBITDA of €2.8 million. The news follows Stark first announcing the beginning of profitability in the middle of 2024.
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“This achievement comes barely two years after Stark Future’s first commercial sales, remarkably faster than incumbent EV leaders, and more resembling the growth rates of some of the world’s most successful technology firms in history,” explained Anton Wass, CEO of Stark Future. “We have been steadily approaching this profitability event, driven by the popularity of the off-road VARG MX, but the phenomenal reception of the newly available Stark VARG EX, the company’s groundbreaking street-legal Enduro model, has brought this landmark occasion.”
Priced at US $12,990, the street-legal Stark VARG EX has helped boost the company over the line to profitability, all the while offering performance that blows away pricier street-legal e-dirtbikes like those once offered by Cake.
And perhaps the Cake comparison is an apt one; another European electric motorcycle maker that unfortunately couldn’t find Stark’s path to profitability. The company’s pricy electric motorbikes designed for street and dirt failed to support Cake’s cash burn rate, leading to the company’s bankruptcy. Italian electric sportbike maker Energica met a similar fate last year. Other major electric motorcycle makers in the US, such as Zero and LiveWire, are treading water thanks to significant financial backing from their investors or parent companies, but neither appears close to profitability.
That makes Stark Future’s milestone even more impressive, coming at a time when the rest of the electric motorcycle industry finds itself bogged down in a steep uphill climb.
The motorcycle industry often lags behind the automotive industry, though in this case, comparisons to electric vehicle makers show breaking out to an early lead. For example, Tesla took over a decade to reach sustained profitability, and that was supported largely by the sale of regulatory credits to other automakers. Chinese electric giant NIO, on the other hand, uses a similar product-driven revenue model to Stark but still took eight years to reach profitability.
“Through deep technical vertical integration and focus on sourcing, we managed to develop game-changing technology at competitive costs, all while still manufacturing in Europe,” Wass continued. “This result validates our disciplined approach and marks an important step toward consistent profitability.”
According to the company, Stark is now looking beyond merely off-road and street-legal enduro-style electric motorcycles, with some speculating that the company could be setting its sights on the more elusive categories of street bikes and sport bikes.
“We will continue to innovate at the component level and in the greater model range so electric motorcycles in all categories can outperform traditional machines in every way,” said Paul Soucy, Stark Future CTO.
With a growing network of dealers at over 400 retail locations around the world, including expansions into over 50 countries, and recent developments for security and military applications, Stark certainly looks set to capitalize on its growth and apply its unique recipe for success to a growing lineup of electric motorcycles.
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Tesla has reportedly yet to start testing its robotaxi service in Austin without a safety driver behind the wheel – just weeks before the planned launch.
For months now, Tesla and CEO Elon Musk have been hyping the launch of “Tesla Robotaxi”, a Uber-like ride-hailing service powered by autonomous Tesla vehicles, starting with a launch in Austin, Texas in June.
Instead, Tesla plans to build an internal fleet of “10-20” Model Ys and have them offer ride-hailing services in a geo-fenced area around Austin, Texas, helped by human teleoperations. This is very similar to what Waymo has been offering in other cities for years, specifically in Austin, for months now.
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Even with the significant downgrade in self-driving capabilities promised with this project, there are many doubts about Tesla’s ability to achieve the lesser goal.
That’s because the robotaxi service will be based on Tesla’s ‘Supervised Full Self-Driving’ program, which is currently achieving about 500 miles between critical disengagements fleet-wide, according to the latest crowdsourced data.
Tesla will be able to improve on that by optimizing a version for the geo-fenced area in Austin and it has been training its neural nets for that for months with vehicles going around Austin.
However, a new report now claims that Tesla has yet to start testing its service without safety drivers at the wheel – similar to Tesla’s public ‘Supervised FSD’. The Information wrote in a new report:
Elon Musk’s deadline for launching Tesla’s first robotaxi service, in Austin, Texas, is weeks away, but the company hadn’t started testing its cars without a human safety driver as of last month, according to an engineer close to the testing and a former employee. That’s a crucial step required before Tesla can launch the pilot service for customers.
For comparison, before launching its paid ride service in Austin, Waymo tested its vehicles with safety drivers in the area for 6 months and then without safety drivers for another 6 months.
Waymo has now taken over a significant market share of ride-hailing rides in the Texas capital, but it still has limitations; for example, it doesn’t drive on the interstate.
The report also mentions that Tesla has been working with local emergency services in Austin to develop intervention plans in order to avoid causing issues if its autonomous vehicles fail.
Electrek’s Take
This is the biggest softball goal. It’s a fraction of what was promised, it’s something that others have achieved before. It’s a punt created for Tesla to finally get a “win” in self-driving.
If they can’t even make it, it would be disastrous, but at least, I hope that it will finally open the eyes of many Tesla shareholders to the reality that Tesla is actually behind in autonomous driving and that Musk’s latest claims that Tesla will have “millions of robotaxi on the road” in 2026 are just the same as when he claimed it would happen in 2025, 2024, 2023, 2022, 2021, 2020, and 2019: corporate puffery.
My main concern now is for public safety. I have little hope of US regulators being able to stop Tesla considering Trump is firing anyone who got in Musk’s way after he gave him over $250 million.
If Tesla brings its cowboy approach to this, it could get bad quickly.
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The development of Rivian’s R2 validation builds continues to progress. We know so because the American automaker’s founder and CEO, RJ Scaringe, continues to pepper us with welcome updates with plenty of fantastic images. The latest post features the inner workings of Rivian’s Maximus drive unit, which will propel the upcoming R2 EVs when they hit the market next year.
Another day, another exciting social media update from RJ Scaringe. Nine days ago, the Rivian CEO shared a peek at the company’s new Maximus drive unit, designed to be more compact and efficiently built to help reduce cost-per-unit production.
Our only look was from outside the drive unit’s casing at the time, but it was exciting news nonetheless. As an encore, Scaringe posted photos of the R2 validation builds on a pilot line at the automaker’s facility in Normal, Illinois.
This evening, Scaringe took to Instagram and X once again to share a better look at the inner workings of the Rivian Maximus drive unit. Check it out:
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Source: @RJScaringe/X
RJ shares more images of Rivian’s Maximus development
Rivian’s CEO posted the three images above, which showcase some interesting perspectives of the developing drive unit. As previously shared by Rivian, Maximus uses a new continuous winding technique that reduces the total welds per stator and thus the total overall cost of building each one.
For comparison, Rivian’s current Enduro drive unit requires 264 stator welds, while Maximus only needs 24. You can see the stator windings in the image above to the left. Scaringe shared excitement in the progress of the Rivian team’s Maximus drive unit as well as some insight in his post:
I love the packaging on Maximus — the drive unit for R2. It has a side mounted inverter that utilizes flat area at the end of the motor to minimize the length of bus bars, keeping them light and efficient. The large planar shape also allows all processing and power electronics to exist on a single printed circuit board.
The inverter chassis closes out the oil cooled motor cavity and seamlessly routes coolant from the power modules to the drive unit’s heat exchanger with no extra parts.
Overall, the inverter part count is reduced by 41% relative to Enduro and structural inverter lid saves more parts and fasteners by also serving as the drive unit mount. I love this design efficiency. (heart emoji)
Looks fantastic, RJ. We can’t wait to see the visual progress of the R2 you share next!
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On today’s thrilling episode of Quick Charge, we’ve a huge spike in global EV sales and a huge dip in Tesla deliveries. Plus a whole bunch of news from Toyota, including an updated bZ that’s just a bit better than before … but is a bit better going to make a big difference?
We’re also on track for more than 1 in 4 new cars sold this year to be electric, with a whole lot more hybrids coming in to make up the difference and drive fuel demand down to a new yearly low. All this, plus the top 5 cheapest EVs to insure when you hit the play button.
New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.
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