One Of The BIGGEST Electric Bike Companies Just Folded

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Electric bikes have been controversial to say the least. So many people think that they're impractical and overpriced given their range versus an ICE counter part. Proponents enjoy them for the rush of torque and low maintenance. Regardless of where one falls on that spectrum, the world of electric bikes just got some bad news. Energica, one of the biggest electric bike companies, has declared bankruptcy and ceased operation. Does Energica folding signal the beginning of the end for electric bikes?

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00:00 - Intro
01:28 - This Hit's Home
03:36 - About Energica
05:10 - Bankruptcy
06:07 - The Downfall
08:24 - The Solution?
11:48 - The Proof
12:44 - Final Thoughts