CHRYSALIX EVC FUND: CELP III
PORTFOLIO MANAGER: MIKE SHERMAN
LOCATION: ASHLAND, OREGON
The need for cleaner transportation that’s affordable and accessible for all.
North America’s first street-legal, mass-market, zero-emission electric motorcycles, the Enertia and the Empulse.
Chrysalix EVC actively researched the electric vehicle space and determined that the superior power to weight ratio of two-wheeled electric vehicles and the considerably lower capital expenditures required to enter that market made it ripe for VC investment. Brammo Motorsports has developed both a world class product in the Enertia electric motorcycle and an entirely new distribution channel for transportation products.
Chrysalix EVC believes that Brammo's Enertia electric motorcycle combined with its world-class design and engineering capability will position it to be an early and substantial leader in the electric vehicle space. The distribution channel through the Best Buy chain of stores is a paradigm shift in the provision of personal transportation that will expose Brammo’s products to a broad cross section of consumers that might otherwise not pursue two-wheeled ownership.
While the four-wheeled EV space works to improve battery technology and the various platforms converge, Brammo has an opportunity to be one of the first successful EV companies in the new energy economy.