UBCO’s new board targets adventure market

UBCO’s new board targets adventure market
The electric motorbike company is targeting the adventure outdoor market. (Photo: supplied)
Dan Brunskill
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...

More Technology

Steven Joyce to chair NZME
Markets

Steven Joyce to chair NZME

Tech expert Bowen Pan will also join, later on. 

Staff reporters 09 May 2025
NZ's space sector revenue grows over 50% in five years
Policy

NZ's space sector revenue grows over 50% in five years

Advanced aviation is also a growing sector, according to a new industry survey.

Greg Hurrell 09 May 2025
Rocket Lab expanding its US defence efforts
News in Brief

Rocket Lab expanding its US defence efforts

Space company Rocket Lab is expanding its United States defence efforts, setting up a new holding company to reduce national security risks.The company that developed and launched rockets in New Zealand and the United States, and spacecraft and space systems, made US$123 million...

Staff reporters 09 May 2025
The NZ company 'democratising hearing health'
Health On The Up

The NZ company 'democratising hearing health'

Can hearing aids be made both affordable and desirable?

Pattrick Smellie 09 May 2025