Two major players in electric motorcycles, Vectrix and Zero Motorcycles, are eligible for a 10% Federal tax credit for plug-in vehicles. Zero Motorcycles, already known for its electric dirt bikes, is launching a new street legal version, the Zero S coming sometime this spring. As for Vectrix, you can still get a tax credit on […]
Vectrix Close to Bankruptcy
Another one bites the dust
Due to lack of investment interest, Vectrix looks like it will officially file for bankruptcy within the next 30 days and already have laid off all but essential staff. The electric scooter manufacture based in Rhode Island, produced its first model the VX-1 back in 2007, it had a great range on a full charge but couldn’t shake the main criticism, which was the hefty price tag.