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Announcement from the Zero website:
We’re thrilled to announce a historic partnership with Polaris, the world’s number one Powersports brand. This exclusive partnership is the largest deal in our history, and truly a watershed moment for us as a company. Our partnership is a cornerstone component of “rEV’d up,” Polaris’ long-term electrification strategy that aims to offer electric vehicle options in all their core product categories by 2025, starting with off-road vehicles (ORV) and snowmobiles. This long-term strategic partnership will combine our revolutionary powertrains to empower products in two of Polaris’ most important categories with the first vehicle from the Zero-Polaris partnership debuting by the end of 2021.
“This revolutionary partnership is bringing together two incredibly talented teams aimed at dramatically expanding the electric options in Powersports. Our EV expertise and millions of miles of real-world, rubber-meets-the-road EV experience, coupled with Polaris’ broad product portfolio, scale, supply chain and market leadership, makes this a game-changer for every Powersports enthusiast.” – Sam Paschel, CEO of Zero Motorcycles.
Under this 10-year exclusive agreement, the largest deal in Zero’s history, Polaris will develop, manufacture and sell electrified ORVs and snowmobiles using Zero’s powertrain technology, hardware and software.
“Zero Motorcycles’ pioneering electrification experience, proven leadership and mastery of the electric powertrain for Powersports are unmatched in the market. We believe this transformative partnership will enable us to leapfrog technological hurdles around range and cost while providing a tremendous speed-to-market advantage – an instant offense. Leveraging the strengths of our teams and a shared culture of innovation and passion for this industry, Polaris and Zero will collaborate to shape the future of Powersports,” said Scott Wine, chairman and CEO of Polaris.
The full press release:
Polaris Announces Partnership with Zero Motorcycles