MINNEAPOLIS & SANTA CRUZ, Calif.–(BUSINESS WIRE)–March 8, 2022–
Today, fast company announced its annual list recognizing the world’s most innovative companies for 2022 and honored the partnership between Polaris (NYSE:PII), the global powersports leader, and Zero Motorcycles, the global electric motorcycle and powertrain leader, as one of the most innovative joint ventures. The annual list of fast company Most Innovative Companies are the definitive source of recognition for organizations that have been transforming industries and shaping society since 2008.
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Fast Company announced its annual list of the world’s most innovative companies for 2022 and honored the partnership between Polaris, the global powersports leader, and Zero Motorcycles, the global leader in electric motorcycles and powertrains, as the one of the most innovative joint ventures. In 2020, Polaris and Zero Motorcycles announced an exclusive 10-year partnership to deliver category-defining electric vehicles in all-terrain vehicles and snowmobiles. In December 2021, the first vehicle from the partnership – the all-electric RANGER XP Kinetic – was launched. (Photo: BusinessWire)
In 2020, Polaris and Zero Motorcycles announced an exclusive 10-year partnership to deliver category-defining electric vehicles in all-terrain vehicles and snowmobiles. The partnership leverages Polaris’ leadership and scale in motorsports, as well as Zero Motorcycles’ proven expertise in powertrains and electric motorcycle technologies to produce transformative electric all-terrain and snow vehicles . Just one year after announcing the partnership, Polaris and Zero have launched the first vehicle – the all-electric RANGER XP Kinetic.
“As a global powersports leader, we are committed to innovating for the rider – to listen and learn from our customers and design our products accordingly,” said Mike Speetzen, CEO of Polaris. “We’re going electric in a purposeful way. Polaris and the Zero Motorcycles teams have capitalized on their respective strengths and shared passion for innovation, to accelerate our development of class-defining vehicles that leverage the benefits of groupsets. electric powertrains.The RANGER XP Kinetic is the first example of what this partnership will bring: by leveraging an electric powertrain, we were able to deliver the most capable, durable and capable Polaris RANGER ever, designed specifically for the needs of our utility customers.
“Combining our industry-leading electric powertrain technologies and expertise with industry-leading Polaris products will accelerate electrification within the powersports industry,” said Sam Paschel, CEO of Zero Motorcycles. “The RANGER XP Kinetic is the first proof of that, and we look forward to many more game-changing collaborations to come.”
Launched in December 2021, the RANGER XP Kinetic sold out in just over two hours. Its electric powertrain delivers best-in-class torque and enables precise control when towing heavy loads or operating in harsh environments. Plus, the quiet ride makes for easy conversations, the ability to steer clear of wildlife or livestock, and the ability to work at any time. hours without disturbing anyone.
This year’s list of the World’s Most Innovative Companies honors companies that have the greatest impact on their industries and their culture as a whole – that ultimately thrive in today’s ever-changing world. These companies are creating the future with some of the most inspiring achievements of the 21st century.
About Zero Motorcycles
Zero Motorcycles is the global leader in electric motorcycles and powertrains. Designed and handcrafted in California, Zero Motorcycles combines Silicon Valley technology with the soul of traditional motorcycling to elevate the motorcycling experience for smart, innovative riders everywhere.
As a global powersports leader, Polaris Inc. (NYSE:PII) is at the forefront of product breakthroughs and rewarding experiences and services that have invited people to experience the joy of being outdoors. since our founding in 1954. With annual sales of $8.2 billion in 2021, Polaris’ high-quality product line includes the Polaris RANGER®, RZR® and Polaris GENERAL™ side-by-side all-terrain vehicles; Sportsman® all-terrain off-road vehicles; Indian Motorcycle® mid-size and heavy-duty motorcycles; Slingshot® motorcycle roadsters; snowmobiles; and deck boats, cruisers and pontoons, including the industry-leading Bennington pontoons. Polaris enhances the riding experience with parts, apparel and accessories, along with a growing aftermarket portfolio, including Transamerican Auto Parts. Polaris’ presence in adjacent markets includes military and commercial off-road vehicles, quadricycles and electric vehicles. Proudly based in Minnesota, Polaris serves over 100 countries worldwide. www.polaris.com
Except for historical information contained herein, the matters set forth in this presentation and discussed in the related investor presentation are forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ materially from such statements. prospective. Potential risks and uncertainties include factors such as: the severity and duration of the COVID-19 pandemic and the resulting impact on the Company’s business, supply chain and global economy; the Company’s ability to successfully implement its manufacturing and supply chain operations expansion initiatives; the Company’s ability to successfully source necessary parts and materials and the Company’s ability to manufacture and deliver products to dealers to meet growing demand and to restore dealer inventory levels to optimal levels ; continued growing consumer demand for the Company’s products; competitors’ product offerings, promotional activities and pricing strategies; ability to innovate and market new products (including the ability to market electric vehicles currently in the testing phase); economic conditions affecting consumer spending; disruptions in manufacturing facilities; acquisition integration costs; product recalls and/or warranty costs; product redesign costs; the impact of changes in the Polaris stock price on incentive compensation plan costs; exchange rate fluctuations; environmental and product safety regulatory activity; weather effects; commodity costs; transportation costs and tariff costs (tariff relief or ability to mitigate tariffs); changes to international trade policies and agreements; uninsured product liability claims; uncertainty in the retail and wholesale credit markets; performance of affiliate partners; tax policy changes; relationships with dealers and suppliers; and the general economic, social and political environment. Investors are also urged to consider other risks and uncertainties discussed in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to anyone to provide updates to its forward-looking statements.
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CONTACT: Polaris Media Contact:
Jessica.Rogers@polaris.comZero Motorcycles Media Contact:
KEYWORD: UNITED STATES NORTH AMERICA CANADA CALIFORNIA MINNESOTA
INDUSTRY KEYWORD: RETAILER AUTOMOTIVE MANUFACTURING EXTREME SPORTS OTHER SPORTS OTHER CONSUMER OFF-ROAD TRUCKS & SUVS SPORTS MOTORCYCLES AFTERMARKET OUTDOORS SPECIALTY AUTOMOTIVE MOTORSPORTS CONSUMER HUNTING
SOURCE: Polaris Inc.
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PUBLISHED: 08/03/2022 09:03 / DISK: 08/03/2022 09:03