The new budget bill approved by the US Congress last week included an important extension to the 30% investment tax credit (ITC) for solar, but it also brought back the less popular (but welcomed) tax credits for electric motorcycles.
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As Zero Motorcycles’ 2016 models are starting to arrive to dealerships, the company raises $1 million in funding to bring the total to over $64 million, according to Crunchbase.
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Zero Motorcycles, a maker of battery-powered motorcycles, is at the American International Motorcycle Expo in Orlando, Florida today to unveil its 2016 lineup and announce 2 new models.
On top of the new models, the company is also presenting a new motor design, a faster charging infrastructure, a new lithium-ion cell chemistry for more capacity and efficiency, and it will lower the price on two base models while adding more features and performance throughout its lineup.
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Zero Motorcycles confirmed earlier this week that it will unveiled its 2016 lineup of electric motorcycles at the American International Motorcycle Expo in Orlando, Florida on October 15th.
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Zero Motorcycles announced today a significant price reduction for its 2015 model line. The manufacturer’s suggested retail price (MSRP) is lowered by $1,350 across all of the 4 models offered by Zero. The company cited the fall of battery cost and energy density increase as reasons for the price reduction.