Italian electric motorbike manufacturer Energica, which filed for insolvency in October 2024, may soon find a lifeline as part of its ongoing legal sales process. The company announced that it has received a formal offer with a “significant deposit” from investors based in Singapore.
The bid marks a potential turning point for Energica, which had previously been owned by U.S.-based Ideanomics—also facing financial strain. The Italian company said the new investors are “enthusiasts that believe in, and share the common values of Energica,” according to a statement posted on LinkedIn.
If the transaction goes through, the Singaporean investors plan to retain the current Energica team to continue managing operations. “This would allow Energica to pursue its mission and continue developing innovative technologies for our customers,” the company stated.
Legal proceedings related to the sale are expected to be finalised within 60 days. The outcome could determine whether Energica is able to restructure and resume its activities or proceed with liquidation to satisfy outstanding debts.
