Electric motorcycle company Zero Motorcycles is raising $120 million in its latest funding round. The company has already sold around $100 million of the equity round to undisclosed investors. Zero plans to use the funds for expansion and to develop new models, but declined to provide further details. This comes amid a challenging period for electric motorcycle companies, with some firms like Energica filing for bankruptcy.
Source: https://techcrunch.com/2024/10/24/zero-motorcycles-is-raising-120-million/