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Savic opens to acquirers nine months after $2m funding round

by Richard Edwards
September 17, 2026
in Industry News
Reading Time: 2 mins read
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Two Savic C-Series electric motorcycles parked on a street at dusk.

Savic Motorcycles has opened what it calls a strategic transaction process, inviting acquirers, investors and industrial partners to engage with the Melbourne electric motorcycle manufacturer.

The company says it is open to acquisition, strategic investment or industrial partnership, and is looking for parties that can bring manufacturing capability, supply chain leverage, technology, distribution or international market access alongside capital.

It comes nine months after Savic closed a $2 million funding round in December and installed Marc Alexander as chief executive, with founder Dennis Savic moving to the board. That raise was presented at the time as capital for international expansion and production scale-up.

“The first decade was about proving that an Australian company could develop, engineer and commercially deliver a high-performance EV motorcycle,” Alexander says.

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“We have done that. The opportunity now is scaling the technology, multi-model product platform, brand and commercial capability that we have built.”

Savic was founded in 2016 and began customer deliveries of the C-Series in 2025, nine years from founding to first handover. The motorcycle has completed Australian Design Rules compliance and durability testing at Phillip Island and Lang Lang, with Bosch Australia involved in ABS integration, and has won two Australian Good Design Awards and the Victorian Premier’s Design Award.

The company has not disclosed sales volumes, revenue or a valuation, and does not name a target transaction size.

Savic says the asset on offer is broader than the motorcycle. It owns the technology across its SM1 powertrain platform, vehicle control, embedded and full-stack software, cloud and mobile applications, display and customer interface, and industrial design, and says the architecture can support further motorcycle models, urban mobility and utility applications.

Engineering, product and customer operations sit at a West Melbourne facility that also handles production and test rides. The company runs a company-owned subassembly operation in Taizhou, China, covering SM1 powertrain parts and access to international EV component supply chains.

Savic sells direct rather than through motorcycle dealers, running demand generation, test rides, configuration, sales, ownership and aftersales itself.

“That direct relationship is incredibly valuable for a company building a new category,” Savic chief growth officer Victoria Brown says.

The company has run a pilot with Kangan Institute on electric motorcycle servicing and technician training, and previously received Victorian Government support to develop a rider safety application. Earlier backers include the Victorian Clean Technology Fund, Artesian, EnergyLab and Impact Ventures.

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Richard Edwards

Richard Edwards is one of the owners of Auto Media Group and leads its editorial efforts. Richard has been writing about New Zealand’s automotive industry and dealer community for nearly two decades. The knowledge and contacts built up over that time gives our publications leads and insight others can’t match. He is also the president of the New Zealand Motoring Writers’ Guild.

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