FTN Motion sees silver lining in tighter market

FTN Motion sees silver lining in tighter market
Co-founder Luke Sinclair says the investment market contracting was 'great timing' for the company. (Image: FTN Motion)
Ben Moore
FTN Motion set out to bring style to the electric two-wheeler market with its signature Streetdog, a moped-rated electric motorbike.After a bit of introspection, the company is now planning to move from Wellington to Hamilton and rein in its global plans.The company was incorporated in 2017 and officially launched in 2020, and things took off in 2021 when it secured funding.The founders set their sights on the world, as outlined in the company’s first press release.There are still big plans, but the timeline has been revised somewhat. (Im...

More Technology

Bringing racing into the digital age
Technology

Bringing racing into the digital age

A startup aiming to syndicate racehorses digitally is struggling to engage the industry.

Maria Slade 21 Mar 2025
‘Absolute nose dive’: Spark trades under $2
Markets

‘Absolute nose dive’: Spark trades under $2

Spark's share price has fallen below $2 for the first time since January 2012.While Thursday's 5.54% drop to $1.96 was due to going ex-dividend, Salt Funds managing director Matthew Goodson said it’s been a painful couple of years for the telco's shareholders. “In fac...

Staff reporters 20 Mar 2025
SmartPay shareholders won’t sell for $1, analysts say
Markets

SmartPay shareholders won’t sell for $1, analysts say

The stage is set for what could be a compelling bidding process.

Gregor Thompson 20 Mar 2025
The Māori-led effort to build private 5G networks
Technology The Business of Tech

The Māori-led effort to build private 5G networks

This week, we discuss how Tū Ātea plans to shake up the telecommunications market.

Peter Griffin 20 Mar 2025