Voltz (motorcycles) explained

Voltz
Founder:Renato Villar
Industry:Motorcycle manufacturing
Location City:Recife, Pernambuco
Location Country:Brazil

Voltz, is a Brazilian startup company that produces electric scooters and motorcycles, founded in 2017 in Recife. It has sold more than 4,535 units in 2022, with 0.33% of market share.[1] [2]

According to the National Federation of Motor Vehicle Distribution (FENABRAVE), the company sold 1,629 motorcycles from January to September 2023, down 55.6% from 3,664 on the same period in 2022.[3] [4]

In 2022, Voltz recorded 24,000 reservations, of which 6,000 were actually converted into sales and another 10,000 were canceled. During the pandemic, the company had reached the top 5 in sale figures, it now ranks only 13th, with a market share of 0.14%.

A factory was opened in Manaus (AM) in May 2022, initially to produce 5000 units, but with a capacity of 15,000 units, targeting an annual production of 180,000 units.[5]

In addition to the four scooter models "EV1", "EVS", "EVS Sport" and "EVS Work" with battery from 32 Ah to 70 Ah and range from 100 km to 180 km, the company produces the electric cargo trike “Miles” with a cargo box with 750 liters capacity located above the front axle.[6]

In 2023, the company admitted that it was going through financial problems and has been accumulating delays in deliveries,[7] [8] [9] but says that the motorcycles sold will be delivered. In addition to an eviction action at the factory in Manaus,[10] the company is involved in several lawsuits and may go into voluntary arrangement.[11] [12]

External links

Notes and References

  1. Web site: Voltz abre fábrica em Manaus com investimento de 12 milhões.. Voltz opens factory in Manaus with an investment of 12 million. Olhar Digital. pt-br. 31 May 2022. 2022-08-11.
  2. Web site: Marcas de motos mais vendidas em 2022 . 2023-11-22 . MOTOO . pt-br.
  3. Web site: 2023-11-22. 2023-10-19. pt-br. Voltz, investida do Ultra e da Creditas, entra em curto-circuito. NeoFeed.
  4. Web site: 2023-09-20 . Voltz: startup de motos elétricas amarga crise após rápida expansão . 2023-11-22 . InsideEVs Brasil . pt-br.
  5. Web site: Voltz abre fábrica em Manaus (AM) e quer moto elétrica com radares. Voltz opens factory in Manaus (AM) and wants electric bike with radars. motor1.com. pt-br. 30 May 2022. 2022-08-11.
  6. Web site: Voltz apresenta nova fábrica de motocicletas elétricas; veja vídeo. Voltz presents new electric motorcycle factory; watch video. Istoé Dinheiro. pt-br. 12 Apr 2022. 2022-08-11.
  7. Web site: 2023-06-20. 2023-05-23. Voltz admite problemas financeiros. Mobilidade Estadão.
  8. Web site: 2023-06-20. pt-br. Infomoto - Voltz atrasa entregas, acumula problemas e encara até ação de despejo. www.uol.com.br.
  9. Web site: 2023-06-20. pt-br. "Tesla do Nordeste" atrasa a entrega de motos elétricas em mais de um ano. www.uol.com.br.
  10. Web site: 2023-11-22. 2023-05-10. pt-BR. EXCLUSIVO: Promessa das motos elétricas, Voltz é alvo de ação de despejo em fábrica. Reset.
  11. Web site: 2023-11-22. 2023-11-21. Voltz, startup de moto elétricas, prepara recuperação judicial. InfoMoney.
  12. Web site: 2023-11-22. 2023-11-21. pt-br. Com dívida de R$ 335,1 milhões, Voltz se prepara para recuperação judicial. NeoFeed.