EuroSports Global revs up for electric growth
It has been working on an electric motorcycle under its electric vehicle brand Scorpio Electric for nearly three years.
THE future is electric for EuroSports Global, even as it continues to focus on its luxury car business in Singapore.
Known for the Lamborghini, Alfa Romeo and Touring Superleggera brands it distributes here, the Catalist-listed group has been working on an electric motorcycle under its electric vehicle (EV) brand Scorpio Electric for nearly three years.
Scorpio Electric is parked under the group's technology arm EuroSports Technology, which was formed in end-2017. EuroSports Technology in November raised US$6.3 million to develop prototypes and pre-production builds of the motorcycle, as well as to complete its local assembly plant and headquarters at Teban Gardens.
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Japan’s Asics to spin off popular Onitsuka Tiger sneaker business; shares rise
CDL, Hong Realty trump 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot
The returnees: Inside China’s AI talent reversal