Press release | KTM Industries announces that it has successfully concluded negotiations with Black Toro Capital – the owners of GASGAS Motorcycles – about a future industrial cooperation with the famous Spanish motorcycle brand GASGAS under the lead of KTM Industries AG.

KTM electric enduro Freeride E-XC

A cooperation was signed and both partners see this as a starting point for a bright future of the international well-known brand GASGAS. New models will be developed alongside the Trial and Enduro bikes of GASGAS.

Electric Motorcycles News - GasGas TXE
Gas Gas electric trial motorcycle

As part of the Joint Venture the production of GASGAS products and TORROT electric vehicles will be continued in Girona/Spain.

Torrot E 10 for kids

It is intended that GASGAS will be added, alongside KTM and HUSQVARNA Motorcycles & eBikes as third brand to the strong sales network of the KTM Industries group (PIERER Mobility group). The Deal is subject to antitrust authorities’ approval.

About the KTM Industries Group

The KTM Industries Group (which will be known, in future, as PIERER Mobility Group) is Europe’s largest manufacturer of powered two-wheelers, focusing on premium motorcycles and two-wheeled electric vehicles. With its worldwide renowned brands KTM, Husqvarna Motorcycles and WP, the group is in its segments among the technological and market leaders which are supplemented by high-quality electric bicycles. Within the group there is a high degree of technological network, which is, in this form, unique in Europe. Strategic partnerships at an operational level strengthen the competitiveness in our respective markets. All these factors are the basis for the high innovation level of the PIERER Mobility-Group and ensure a sustainable organic growth.

Previous news from KTM at EMN:

Guy Salens

Guy Salens (motorcycle enthousiast): I want to show the world an overview of existing electric motorcycles and future projects. Because it's time.