Polaris Inc. (NYSE: PII) and Zero Motorcycles Team Up to Produce Electric Snowmobiles
Over the years, Minnesota-based company Polaris (NYSE: PII) has become synonymous with Powersports, developing a variety of off-road vehicles, including the popular RZR lineup. The popular Powersports outfit is now teaming up with Zero Motorcycles, a Santa-Cruz based maker of electronic motorcycles and powertrains to electrify its lineup. On Tuesday, the two companies announced a 10-year agreement to work together to produce electrified off-road vehicles and snowmobiles. Zero will provide the powertrain technology, hardware, and software while Polaris will develop, manufacture, and sell the vehicles. According to Zero Motorcycles CEO Sam Paschel, the companies will co-develop the technologies and vehicle…