Integrated Micro-Electronics Inc. of the Ayala Group and California -based Zero Motorcycles on Wednesday announced a strategic manufacturing collaboration on electric motorcycles.
Under the partnership, IMI will assemble Zero’s electric motorcycle models and other assemblies in its facility in Laguna in conjunction with the manufacturing facilities for Zero in Scott’s Valley, California.
The modular assemblies and complete motorcycles manufactured by IMI will be exported to Zero’s customers and dealers globally with a primary focus on the European and Asian markets.
The partnership will increase access of the world’s leading full-sized all-electric motorcycles into existing and new markets.
“We look forward to such amazing collaboration to help bring their innovative electric motorcycles to the world. This partnership aligns with our commitment to supporting companies in their growth and sustainability efforts while providing high-quality manufacturing services,” said IMI chief executive Arthur Tan.
IMI, a leading global technology and electronics manufacturing solutions expert based in the Philippines, has the expertise in both electronics manufacturing and motorcycle assembly under one roof.
“Expanding our manufacturing footprint into a new region allows us to efficiently scale up to meet the rapidly growing demand for our products and improve customer delivery and satisfaction in the fast-growing EV market. We are thrilled to partner with IMI and bring their expertise in electronics manufacturing and motorcycle assembly to the Zero Motorcycles lineup of products,” said Sam Paschel, chief executive of Zero Motorcycles.
Mass production is expected to start as early as the second quarter of 2023.
IMI started production of motorcycles in its state-of-the-art manufacturing facility for European motorcycle giant KTM in its complex in Laguna Technopark in 2017.
The KTM bikes were primarily exported to China and other Southeast Asian countries.
The share price of IMI jumped 3.53 percent Wednesday to close at P4.99.