Updated: September 29, 2020 10:55 AM
Created: September 29, 2020 10:52 AM
On Tuesday, Minnesota company Polaris announced it signed a 10-year partnership with Zero Motorcycles, a global leader in electric motorcycle powertrains and technology, to co-develop electric vehicles as a part of Polaris' new electrification strategy.
According to a release from the company, the strategy — "rEV'd up" — aims to position Polaris as the powersports electric vehicle leader and offer customers an electric vehicle option within each of its core product segments by 2025.
Co-development is already underway with the first of several electric vehicles to debut by the end of 2021.
"Thanks to advancements in power, pricing and performance over the last several years, and with customer interest surging, now is the right time for Polaris, with Zero Motorcycles as a key strategic partner, to implement our rEV'd up initiative and aggressively accelerate our position in powersports electrification," said Scott Wine, chairman and CEO of Polaris. "Zero Motorcycles' pioneering electrification experience, proven leadership, and electric powertrain technologies are unmatched in the market. We believe this transformative partnership will enable us to leapfrog technological hurdles around range and cost while providing a tremendous speed-to-market advantage – an instant offense. Leveraging the strengths of our teams and a shared culture of innovation and passion for this industry, Polaris and Zero will collaborate to shape the future of powersports."
For more information on the partnership, click here.
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