Polaris Industries (PII +4.3%) announces a minority investment in Brammo to help boost its...

|About: Polaris Industries Inc. (PII)|By:, SA News Editor

Polaris Industries (PII +4.3%) announces a minority investment in Brammo to help boost its electric vehicle capabilities utilizing Brammo's electric vehicle powertrain technology. The company calls the market for electric motorcycles "rapidly growing," with bikes on the market able to clocks speeds in excess of 60 mph and ranges of up to 80 miles on a single charge. Terms of the deal were undisclosed.