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.

Published Sun, Dec 20, 2020 · 09:50 PM

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.

Chief executive Melvin Goh is certain that an EV-only future is on the horizon, as major brands vow to reduce or eliminate their fossil fuel vehicle models, and countries including the United Kingdom and Denmark aim to ban new diesel a…