Alicante firm Next Electric Motors reached strategic agreement with China Juneng Motorcycle Technology for the development and production of new modelsAs announced this Tuesday from the company itself. According to the same sources, it is an alliance that will allow the company to continue to increase its range with high-performance and more powerful vehicles.
Compared to other brands that limit themselves to marketing existing models, the startups they lead Anthony Navarro And Xulei Xu develops design And engineering It has increased the number of its vehicles since its founding in 2017 and the deal is now the company’s resources from your partner bringing your ideas to life, prototyping and putting them into production. These are tools such as 3D printers and scanners or laboratories for testing new models, which are normally only in-house resources for big brands, as the company Alicante explains.
From Next Electric Motors they state: such agreements are common in the two wheel industry aims to exploit synergies by jointly developing vehicles and cites examples of partnerships between LiveWire (Harley-Davidson’s electrical division) and Kymco for electric motorcycle development or Zero Motorcycles and Polaris for the production of electric vehicles and motorcycles. .
Growth
The company from Alicante was able to establish itself in the market thanks to the development of models with a good quality-autonomy-price ratio, good after-sales service and internationalization strategy. Thus, it currently has Presence in 11 European countrieswhere can you buy four models Highlights of the range: the NX1 moped, Mojito and NXPlus scooters, and its newest model, the high-performance GT scooter NX2, which will launch in the fall of 2023 and bookings are accepted through the company’s website. .
Juneng Motorcycle Technology, on the other hand, was founded in 2005 and has extensive experience in developing and manufacturing electric motorcycles. Have some Over 100,000 meters of installation frames from multiple places 300,000 units per year.
With the agreement reached, the Spanish company continues to grow by strengthening its R&D resources and Next expands its sealed product catalog and offers its customers electric motorcycles in different categories.
As well as going through accelerators like the prestigious Shuttle -Project sponsored by Juan Roig- Alicante company closed one million euro investment by Basque family office last May Kereon Partners, It has already signed the first funding round of 500,000 euros for the startup at the end of 2020.