UBCO’s new board targets adventure market

The electric motorbike company is targeting the adventure outdoor market. (Photo: supplied)

Thu, 17 Feb 2022

Electric motorbike builder UBCO has appointed three new board members and is focusing the business on the US adventure market ahead of a $50 million capital raise.The fledgling business has come a long way since it raised $860,000 of seed funding in 2016; it’s now valued at more than $100m and expects to earn almost $10m in revenue this year.Revenue would have been significantly higher had it not been for part shortages and supply chain problems that have plagued the entire vehicle manufacturing industry. UBCO had been targeting prod...

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