Patterson Belknap represented Zero Motorcycles in the deal.
Zero Motorcycles, a global leader in electronic motorcycle powertrains and technology Inc., entered into a joint development, licensing, and services relationship with Polaris Industries Inc., OEM of off-road vehicles/ATVs, snowmobiles, motorcycles and boats. Zero and Polaris will work together exclusively for the next 10 years to adapt Zero’s powertrain technology for motorcycles into powertrains for use in ATVs and snowmobiles within a specified power range.
Polaris Inc. is an American manufacturer of motorcycles, snowmobiles, ATV, and neighborhood electric vehicles. Polaris was founded in Roseau, Minnesota, USA, where it still has engineering and manufacturing. The company’s corporate headquarters is in Medina, Minnesota.
Zero Motorcycles Inc. is an American manufacturer of electric motorcycles. Formerly called Electricross, it was started in 2006 by Neal Saiki, a former NASA engineer, in Santa Cruz, California. The company is now located nearby in Scotts Valley.
The Patterson Belknap team advising Zero was led by Peter Schaeffer (Picture), Jeff Ginsberg, Jim Parks, and Ryan Sheehan.
Law Firms: Patterson Belknap;
Clients: Zero Motorcycles;