In A press release by the Italian electric motorcycle maker, Energica unveils plans to bolster US dealership capacities.
Energica motorcycles are one of the leading sport and street electric rides, and they have plans to increase their presence in the US for the coming years. As revealed in a press release out just days ago, October 29th.
The financing agreement with Westlake Financial Services will allow them to increase their sales through dealerships in the US, and keep up with demand. It appears that demand will continue to prosper for years to come as more riders start to make a move towards electric, and Energica plans be there to meet the demand for their great motorcycles.
Energica has signed a new factoring agreement with Westlake Financial Services to help finance their U.S. dealer network.
The company is now planning a major expansion in the U.S. market to expand dealer locations in time for the start of the spring riding season.
Although the demand so far has been for one of their street models, the Energica Ego, Eva Ribelle and Eva EsseEsse, as we recently reported – Energica announced a partnership with Dell’Orto where they plan to produce lighter weight motorcycles. Those may easily be distributed when Energica is more wide spread across the US.
The agreement with Westlake Financial Services will give U.S. Energica dealers the opportunity to purchase more motorcycles thanks to an innovative financing method, therefore allowing them to display and demo product in dealer showrooms for longer periods and in larger volume, optimizing their working capital management.
Energica is publicly traded in the Italian Stock Exchange, the “Borsa Italiana”, and has presence already across Europe, in the US, Asia, the middle-east and more. Check out the dealership map, it is expected to change in the future with more footprints in the US.