Polaris Inc. has signed a 10-year partnership agreement with Zero Motorcycles to help develop an electric-vehicle option for each of its core product segments by 2025.
Called Rev'd Up, the Medina-based company's goal is to become the leader in EV in the power-sports industry.
"We are not new to electric, what we are new to is electric to our core power-sports customer that requires performance and range," said Polaris Chief Executive Scott Wine.
Polaris has produced some EV products, but the partnership with Scotts Valley, Calif.-based Zero will accelerate the development of a lineup of electric all-terrain vehicles and snowmobiles. The first vehicle from the partnership is expected to be released by the end of 2021.
Zero is an industry leader in electric motorcycle production. The company started in 2006 and now has an all-electric lineup of nine motorcycle models.
Polaris has already sold more than $1 billion worth of electric vehicles in the past decade, mainly in work vehicle spheres.
In 2011, Polaris acquired Goupil and GEM. Goupil, based in France, makes on-road light-duty commercial electric vehicles and GEM makes street-legal electric vehicles most often used on campuses of colleges, universities, hotels and resorts.
Polaris also owns Taylor-Dunn, which makes electric, LPG and gas-powered vehicles primarily used in commercial and industrial settings.