Source: press release Zero Motorcycles | Polaris | In 2020, Polaris and Zero Motorcycles announced a 10-year exclusive partnership with the goal to offer best-in-class electric vehicles in off-road vehicles and snowmobiles. The partnership is leveraging Polaris’ powersports industry leadership and scale, and Zero Motorcycles’ proven expertise in electric motorcycle powertrains and technologies to produce transformative electric off-road and snow vehicles. Just a year after the partnership was announced, Polaris and Zero launched in December 2021 the first vehicle with the all-electric RANGER XP Kinetic. It was sold out in no time.
Last week, Fast Company announced its annual list recognizing the World’s Most Innovative Companies for 2022, and honoured the partnership between Polaris (NYSE: PII), the global leader in powersports, and Zero Motorcycles, the global leader in electric motorcycles and powertrain, as one of the most innovative joint ventures. The annual list of Fast Company’s Most Innovative Companies has been the definitive source for recognizing the organizations that are transforming industries and shaping society since 2008.
“As the global leader in powersports, we are committed to rider-driven innovation – to listen and learn directly from our customers and adapt our products accordingly,” said Mike Speetzen, CEO of Polaris. “We are moving to electric in a purposeful manner. Polaris and the Zero Motorcycles teams have capitalized on their respective strengths and shared passion for innovation, accelerating our ability to introduce new, industry-leading vehicles to the market – that also happen to be electric. Starting with the off-road utility segment, the electric powertrain enabled us to deliver the most capable, most durable and highest performing Polaris RANGER ever created with the all-electric RANGER XP Kinetic and this is truly just the beginning.”
“The combination of our industry-leading electric powertrain technologies and expertise with Polaris’ category-leading products will lead the powersports industry forward in electrification,” said Sam Paschel, CEO of Zero Motorcycles. “The RANGER XP Kinetic is the first proof point of that and we look forward to many more game changing collaborations to come.”
This year’s World’s Most Innovative Companies list honours businesses that are making the biggest impact on their industries and culture as a whole —ultimately thriving in today’s ever-changing world. These companies are creating the future today with some of the most inspiring accomplishments of the 21st century. In addition to the World’s 50 Most Innovative Companies, 528 organisations were recognised across 52 categories.