MINNEAPOLIS – (BUSINESS WIRE) – Polaris Inc (NYSE: PII) today announced plans to launch a brand new RANGER 2022 electric utility company side-by-side in late December 2021, advancing the company’s strategic electrification strategy.This full-size RANGER is the first electric vehicle Polaris has partnered with Zero Motorcycles®, which the two companies announced last September, the company expects the new electric RANGER will hit dealerships in early 2022

“Our rEV strategy positions Polaris to define another chapter in powersport innovation,” said Mike Speetzen, interim CEO of Polaris Inc “With the growing interest in electric vehicles, we are investing in electrification to meet the needs of current customers and appeal to the powersport riders of tomorrow. The brand new electric RANGER is our latest effort to advance the electrified powersport vehicle industry”

As part of the Polaris rEV strategy, the all-new full-size electric RANGER is at the forefront of the company’s long-term plan to accelerate its leadership position in the electrification of powersports in Wyoming, Minnesota, design and development work is underway for the all-new electric RANGER, which is North American manufacturing Vehicles are scheduled to take place at the Polaris facility in Huntsville, Ala

“The strength of our partnership with Zero Motorcycles and our own investments in the electrification of R&D enable us to leverage advances in electric propulsion and performance to propel the off-road industry into the future,” said Mike Donoughe, senior vice president and Chief Technical Officer Polaris Inc “This will be one of the most technically advanced off-road vehicles on the market and will strengthen Polaris’ position as an innovator in powersports”

“As our top selling ATV brand, RANGER has consistently set the standard as the hardest working, smoothest UTV and led the market for driver-inspired innovation,” said Steve Menneto, President of Polaris Off Road. “The new electric powertrain will become the RANGER platform bring it to a whole new level of performance, durability and performance ”

“We have actively engaged our RANGER customers and there is no doubt a significant demand for even higher levels of power and performance,” added Menneto. “They expressed some very specific, unmet needs, and our new full-sized electric RANGER will effectively meet these requirements and provide a truly improved off-road experience ”

As the world’s leading provider of powersports, Polaris Inc (NYSE: PII) pioneers product breakthroughs and enriching experiences and services that have invited people to discover the joy of outdoor living since our inception in 1954, with annual sales of $ 7 billion in 20200 billion, the high quality product range from Polaris includes the Polaris RANGER, RZR and GENERAL side-by-side ATVs; Off-road vehicles for athletes; Indian medium and heavy motorcycles; Slingshot Moto Roadster; Snowmobiles; and deck, cruiser and pontoon boats, including industry-leading Bennington pontoons Polaris enhances the driving experience with parts, clothing and accessories, as well as a growing aftermarket portfolio including Transamerican Auto Parts Polaris presence in adjacent markets includes military and commercial ATVs, four-wheelers and Electric Vehicles Polaris is headquartered in Minnesota and serves more than 100 countries worldwide wwwPolariscom

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on our current expectations and assumptions.These forward-looking statements, including statements regarding delivery times, product performance expectations, and strategy expectations, are subject to certain risks and uncertainties that may lead to the fact that Actual results may differ materially from the potential results discussed in the forward-looking statements In particular, our predictions about delivery times, product performance and strategy can be influenced by a number of factors including: the severity and duration of the COVID-19 pandemic and the resulting impact the business, supply chain, and global situation of the company’s economy; the company’s ability to successfully source necessary parts and materials and the company’s ability to timely manufacture and deliver products to dealers and meet demand; Delays in product development, testing and validation; economic conditions affecting consumer spending; Faults in production facilities; Environmental and product safety regulations for commercial vehicles; Effects of weather; Cost of goods; as well as freight and tariff costs. The company has no obligation to any person to provide updates to its forward-looking statements.We encourage you to also review our risk factors included on our Form 10-K and further information on related matters in future quarterly reports on Form 10-Q and current Consult reports on Form 8-K that are filed on Form 8-K or filed with the Securities and Exchange Commission

POLARIS INC MEDIA CONTACTS
Jessica Rogers
Polaris Inc
Phone: 763-513-3445
jessicaRogers @ Polariscom
POLARIS INC INVESTOR CONTACT
Richard Edwards
Polaris Inc
Phone: 763-513-3477
Richardedwards @ polariscom

POLARIS INC MEDIA CONTACTS
Jessica Rogers
Polaris Inc
Phone: 763-513-3445
jessicaRogers @ Polariscom
POLARIS INC INVESTOR CONTACT
Richard Edwards
Polaris Inc
Phone: 763-513-3477
Richardedwards @ polariscom

Polaris

World News – CA – Polaris Reveals Plan for Brand New Full-Size Electric RANGER

Source: https://www.businesswire.com/news/home/20210301005312/en/Polaris-Reveals-Plan-for-All-New-Full-Size-Electric-RANGER