MODENA, Italy, Aug. 29, 2022 /PRNewswire/ — Energica Motor Companya subsidiary of Ideanomics (NASDAQ:IDEX) and a leading company of high-performing electric motorcycles, announced today that the dates for Energica Week 2022 are confirmed for Sept. 5 – 9, 2022. This annual get-together of the Energica community was born in 2021 and has laid the foundation to become the main event for the entire circle of Energica owners worldwide. Energica is also celebrating exponential growth due to an influx of expertise and resources from Ideanomics in sales, new dealers, market development and factory and workforce expansions.
Throughout Energica Week, various activities will be organized to celebrate the Italian company’s brand and the community that has embraced a strong belief in an electric future: customers, dealers, students, investors and business partners.
The week-long festivities will begin with a ribbon cutting on Monday, Sept. 5 at Energica Headquarters in the heart of the Italian Motor Valley, together with Ideanomics, the Energica board, government representatives and Energica business partners and sponsors. During this inaugural day , all the guests will have the unique opportunity to preview the expanded space of Energica headquarters. The Modena-based company is doubling its headquarters to expand the production area and offices. With almost 8.000 sqm, the new factory will be twice as big as the current facility.
The rapid build-up throughout this year forecasts far greater opportunity particularly with the launch of the new Experia electric green tourer motorcycle this summer, a wholly new bottom-up design that has been universally acclaimed by the international motorcycle press. Instances of progress this year include workforce increases by over 20% enabling production expansion in 2023 and beyond and further development in both the United States and the Rest of the World markets.
For the US market:
- Retail sales year-to-date are five…