BRP Purchases Select Assets of Alta Motors - Racer X Exhaust
Since Alta Motors announced it was ceasing operations in October 2018, there has not been much news on the future of the California-based electric motorcycle manufacturer.
Yesterday, BRP Inc. (Bombardier Recreational Products), a Canadian company which makes various vehicles, announced the purchase of select assets of Faster Faster, Inc (Alta Motors) as part of their “longstanding interest in new technologies and alternate energy sources for the powersports industry.”
BRP, which owns Ski-Doo, Sea-Doo, Can-Am on-road and off-road, Lynx, Evinrude, Rotax, Manitou, and Alumacraft, according to their site, said it has no interest in restarting operations of Alta Motors and assumes no liabilities.
BRP says the purchase includes “certain intellectual property, patents and some limited physical assets from the former all-electric motorcycle design and manufacturing company.”