E-moto startup Alta Motors reportedly powers down

Brisbane, California based fully e-motorcycle startup Alta Motors has ceased operations, TechCrunch has confirmed.  Earlier this day Asphalt and Rubber — and quite rather a lot of subsequent outlets — reported the corporate stopped working this morning, fired its workers, and would possibly per chance be having a collect out about for a purchaser. Alta has yet to comment on the say. “As of this morning I now no longer signify Alta Motors so I’m no longer in a local to talk on it,” a extinct Alta Motors spokesperson quick TechCrunch on background when asked about the shutdown. “I forwarded your question for more files to the board, and they’ll want to comment,” acknowledged the extinct comms gain. Alta’s head self-discipline of job has no longer respond to requests for comment. The EV company specializes in producing twin-sport and high efficiency electrical powered off-twin carriageway bikes. The startup had raised $forty five million and counts Tesla co-founders Marc Tarpenning and Martin Eberhard amongst its investors. Alta made files in March when it entered a co-construction partnership with Harley Davidson. This aligned with Harley’s EV push, including the debut of a production e-moto by 2019, an expanded electrical line-up to utilize, and the hole of a Silicon Valley compare facility. Harley Davidson wouldn’t give a solid “no” to experiences its partnership with Alta had concluded nonetheless their statement TechCrunch looks an supreme sturdy indication they’re business with the startup is within the previous. “Our collaborative efforts with Alta Motors were productive and we were satisfied with the enchancment work we partnered on,” Harley Davidson Communications Director Patricia Sweeney quick TechCrunch.   TechCrunch visited Alta’s facilities, tested its bikes, and interviewed co-founder Marc Fenigstein earlier this year. The startup has 70 dealerships nationwide  and our reporting flagged it is a skill acquisition goal in a motorcycle business that would be shifting electrical. On the competition level, Alta has been attempting compete with g
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