B2B – News | Source: website Stark Future | Stark Future is more than just a rising star – it’s a game-changing force in the motorcycle industry. Established in 2020 and based in Barcelona, this company is on track to become the fastest-growing startup in Spain’s history. With sales and production underway since mid-2023, the company is on track to generate an annual revenue of 90 million euros by 2024, its first full year of operation. This impressive trajectory has already earned Stark the title of largest electric motorcycle manufacturer in the world (excluding scooters and children’s bikes). Despite its swift success, this is just the beginning for Stark Future.
The Stark VARG has quickly become a dominant model in the niche category of motocross, outperforming many of its gas competitors in sales. “Stark is now preparing to achieve the same penetration in significantly larger road categories, with motorcycle platforms with a non-comparable level of innovation.” Says Anton Wass – CEO Stark Future.
Stark Future has expanded its reach to over 50 countries worldwide, with the United States being its biggest market. This global presence reflects the growing demand for eco-friendly electric motorcycles that boast advanced technology and sustainability. With a wider distribution network and online sales options, Stark has made it simpler for customers around the globe to purchase their products.
In 2025, Stark is planning to launch the first road-legal models, further expanding the product portfolio and solidifying the company´s position as a leader in the electric motorcycle industry.
Aside from revolutionizing the motorcycle industry, Stark Future is also making a positive impact on the Spanish economy. Not only is the company creating numerous jobs in its headquarters and factory near Barcelona, it is also generating employment opportunities in the supply chain and related industries, boosting economic growth not only in the region but throughout the entire country. By prioritizing local manufacturing and sustainable practices, Stark is further solidifying its support of the Spanish economy.
Projected Revenue Growth: By the end of 2024, Stark Future is on track to reach over 90 million EUR in revenue. This impressive increase is powered by the popularity of Stark’s top-selling product, the Stark VARG, and the efficient expansion of production capacity. At present, the company can manufacture 1000 motorcycles every month. Stark Future’s growth is fueled by significant investments, including a 10.35% equity stake worth 50 million euros from Eicher Motors Ltd., the parent company of Royal Enfield. Additionally, Santander has contributed 20 million euros and Big Bets has provided a credit facility of 25 million euros.
The Stark VARG is the leading model of Stark Future, and it’s causing a stir in the world of motocross. This electric vehicle is breaking barriers by competing directly against traditional gasoline-powered bikes, and coming out on top. The VARG’s success can be attributed to pioneering advancements in its powertrain, battery, and chassis. In fact, it made history by winning the prestigious Arenacross in the UK, marking the first time an electric bike has triumphed over combustion engines.
