Zero Motorcycles and Integrated Micro-Electronics Inc. Announce Strategic Manufacturing Collaboration
March 29, 2023 at 03:15 am EDT
Share
Zero Motorcycles and Integrated Micro-Electronics Inc. announced a strategic manufacturing collaboration. As part of this new collaboration, IMI will begin to assemble Zero Motorcycles' electric motorcycle models and other motorcycle sub-assemblies in their facility located in Laguna, Philippines. This work will be done in conjunction with the manufacturing facilities for Zero located in Scotts Valley, California.
The modular assemblies and complete motorcycles supplied by IMI will be delivered to Zero's customers and dealers globally with a primary focus on the European and Asian markets. The manufacturing involves both the full assembly of motorcycles as well as partial, modular assemblies to be finally completed by Zero manufacturing teams, together with the battery module and electronics of the vehicle. Of all the potential partners considered, only IMI possessed the expertise in both electronics manufacturing and motorcycle assembly all located under one roof.
Furthermore, IMI's parent company, Ayala Corporation (AC Industrials), has made great strides toward sustainability, and the collaboration with Zero is expected to open more possible synergies with AC Industrials in the future. Mass production is projected to start as early as the second quarter of 2023 as a turnkey program utilizing IMI's current capability for assembling motorcycles coupled with efforts to develop localization of certain components and parts. The facility in Laguna, Philippines will play a crucial role in Zero Motorcycles' expansion into the global market and will support the company's goal of reducing its carbon footprint and promoting sustainable transportation while increasing its market share.
Integrated Micro-Electronics Inc. (IMI) is a provider of electronics manufacturing services (EMS) and power semiconductor assembly and test services. The Company operates through segments, including Philippines, Singapore/China, Bulgaria, Czech, Mexico, USA, and Japan. IMI exports printed circuit board assemblies (PCBA), flip chip assemblies, electronic sub-assemblies, box build products and enclosure systems. It also provides a range of solutions, including product design and development, test and systems development, automation, advanced manufacturing engineering, and power module assembly, among others. The Company serves diversified markets, such as the automotive, industrial, medical, storage device, and consumer electronics industries, and non-electronic products (including automobiles, motorcycles, and solar panels, among others) or parts, components or materials of non-electronic products, as well as to perform and provide information technology services.