MODENA, ITALY, July 1 2021 - Motor Valley Fest exhibition, Energica Ego + RS, electric-powered motorcycle
That technological prowess is now being used in other Ideanomics’ subsidiaries including the EV scooter company Treeletrick and the EV tractor company Solectrac.
Named Energica Inside, the business unit is supplying non-competing companies with Energica’s proprietary technology to power their own electric vehicles.
Despite the global pandemic and supply chain constraints, Energica has enjoyed tremendous growth. In just the past year, the EV bike maker has doubled its workforce from 50 to 100 and ramped up its U.S. dealers from 14 to 28.
Cevolini said having the backing of a publicly traded U.S. company allows the business to be more nimble.
“They have the right mentality,” she said of Ideanomics’ executive team. “They push us to be capitalized in order to be able to invest, to risk, and to grow, so it's really a complete synergy between finance and industry. That is very difficult to find for a startup in Italy and in Europe in general,” she said.
Cevolini is one of just a few female CEOs in the male-dominated automotive industry, Cevolini said she sees things slowly changing when it comes to gender equality.
“Women have to fight a little harder because people are not used to seeing a woman in the automotive industry with a high position,” she said. “But things are changing. I've seen more and more women in this industry, more and more women coming to our interviews that are studying engineering.”
As for family and work life balance, Cevolini said, "I have children. I have a family. I have a life and I also have a company. You don't have to choose. It's difficult, but you can do whatever you want.”
