Energica Motor Company S.p.A. has started the third phase of its facility expansion in Modena, Italy. Energica will add a new 12,370 square foot (1,150 square meter) facility dedicated to Energica Inside, research and development, and prototype development and testing. Energica Inside is ready to help original equipment manufacturers (OEMs) in their EV transition and bring new products to market quickly and affordably.

The business unit has several new projects underway in agriculture, marine and aviation and urban mobility. Its new facility will allow Energica Inside to take on even more projects, both for Ideanomics's portfolio of companies and other OEMs, all built around Energica's industry-leading design, engineering and technology. At Energica's research and development center, the company's expert teams continue progressing on the design and implementation of advanced EV technologies with the support of Ideanomics.

Energica is also making progress on expanding its manufacturing and assembly facilities, including a target for automation which will allow the electric motorcycle manufacturer to deliver on increased market demand. Within the APAC region, Energica is experiencing sustained growth, including its first deliveries into Japan and Australia. The United States and Europe also remain strong markets.

With ongoing support from Ideanomics, Energica is accelerating the disruption of the global two-wheeler market with its high-performance electric motorcycles. Ideanomics is solving the complexity of fleet electrification, offering fleet operators everything they need to electrify faster, easier and more affordably, all in one place.