Generic
Mon Sep 8th, 2014, 09:05 AM
http://www.greencarreports.com/news/1094120_brammo-electric-motorcycle-prices-cut-by-5000-to-7000
If you have ever wanted a Brammo electric motorcycle, this may be a good time to consider buying one.
Brammo is now offering an End-Of-Summer Promotion (http://www.brammo.com/us-incentives/) that gives significant discounts to move more of their electric bikes out of inventory and onto the roads.
The price of a 2014 Empulse has fallen 29 percent, from $17,000 to $12,000, and the higher-performance 2014 Empulse R dropped from $19,000 to $14,000, a 26-percent cut.
Still, a sale this big for a company this young is bound to raise some eyebrows, and questions. Why is Brammo selling all their bikes at a loss?
According to a source close to the company, it all comes down to Brammo's impending initial public offering (IPO). The company plans to go public in 2015, intending to raise quite a bit of money.
If you have ever wanted a Brammo electric motorcycle, this may be a good time to consider buying one.
Brammo is now offering an End-Of-Summer Promotion (http://www.brammo.com/us-incentives/) that gives significant discounts to move more of their electric bikes out of inventory and onto the roads.
The price of a 2014 Empulse has fallen 29 percent, from $17,000 to $12,000, and the higher-performance 2014 Empulse R dropped from $19,000 to $14,000, a 26-percent cut.
Still, a sale this big for a company this young is bound to raise some eyebrows, and questions. Why is Brammo selling all their bikes at a loss?
According to a source close to the company, it all comes down to Brammo's impending initial public offering (IPO). The company plans to go public in 2015, intending to raise quite a bit of money.