Zero Motorcycles reported a 240% year-over-year growth in revenue over the first quarter of 2012 with a 178% increase in unit sales.
Specific numbers were not released, only saying it recently passed the milestone of 1,500 units delivered worldwide, but actual unit sales figures and revenues are still small in comparison to larger motorcycle manufacturers, but the growth is still positive news for Zero and the overall electric motorcycle segment.
“We are now in full production and accelerated growth mode. Yet we are still a small company and therefore we understand that significant increases are relatively easier for us than for larger OEMs,” says Karl Wharton, chief operating officer of Zero Motorcycles. “However, on any scale, it’s an impressive performance, arguably making Zero Motorcycles the fastest growing and largest premium brand electric motorcycle manufacturer in the world.” Continue Reading »