Accessibility StatementSkip Navigation Early dealer commitments of more than $1.5 million and upcoming PGA Show appearance highlight strong momentum for the 2026 MVR Series GARLAND, Texas, Oct. 29, 2025 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO), a manufacturer and distributor of powersports vehicles and products, today announces strong initial dealer demand for its new MVR Golf Cart and MVR Cargo Max Electric Utility Cart, following the recent launch of the company's Vietnam production partnership ...

Core Viewpoint - Polaris is restructuring by separating its Indian Motorcycle business into a stand-alone company, which has positively impacted its stock price, increasing shares by 10.4% [1][3]. Group 1: Business Strategy - The separation of the Indian Motorcycle business aims to enhance Polaris' earnings profile and focus on growth areas within its portfolio [3][4]. - Polaris plans to sell a majority stake in Indian Motorcycle to private equity firm Carolwood, which is expected to unlock greater long-term value for both Polaris and its shareholders [3][4]. Group 2: Financial Impact - The deal is projected to increase adjusted earnings per share by approximately $1 and annualized adjusted EBITDA by $50 million upon closing [4][7]. - Indian Motorcycle sales accounted for about 7% of Polaris' revenue over the trailing 12-month period ending June 30 [3][7].

Core Insights - Massimo Group is set to launch an electric utility terrain vehicle (UTV) in 2026, highlighting its commitment to evolving customer demands and competitiveness in the electric utility vehicle market [1][3] Product Features - The new Electric UTV features a 72V 200AH lithium battery and a 15KW permanent magnet synchronous motor, providing a driving range of up to 70 kilometers per charge, a maximum speed of 45 km/h, and optional touchscreen displays [2] - The vehicle is designed for quiet, efficient, and environmentally friendly operation, catering to the needs of various sectors including outdoor, agricultural, and recreational [2][3] Market Trends - The electric UTV market is rapidly expanding, driven by environmentally conscious consumers and the agricultural community's demand for quiet operation and reduced emissions [3] - Massimo Group's entry into the electric UTV segment aligns with long-term consumer trends and aims to create significant growth opportunities for the company and its shareholders [3] Company Overview - Massimo Group is a manufacturer and distributor of powersports products, including UTVs, ATVs, and mini bikes, dedicated to providing high-performance and affordable vehicles for consumers across the United States [4]

Core Insights - Massimo Group has completed a comprehensive sales and product training session with the largest farm and ranch retailer in the U.S., highlighting the strength of their strategic relationship and commitment to delivering value and innovation [1][3] - The company currently has its products available in over 1,200 locations of this retailer, with plans to expand into an additional 100+ stores [2] - Massimo is focused on broadening its product lineup, including the T-Boss 900L UTV and expansions within its ATV and go-kart offerings [2][3] - The CEO of Massimo Group emphasized the importance of this retail partnership as a cornerstone of their growth strategy, aiming to provide the best vehicles, value, and service to customers [3] - Massimo continues to invest in new product development to meet customer demand and strengthen retail partnerships, positioning itself for growth through 2026 and beyond [3] Company Overview - Massimo Group is a manufacturer and distributor of powersports products, headquartered in Texas, offering a full lineup of UTVs, ATVs, and mini bikes [4] - The company is dedicated to providing high-performance, reliable, and affordable vehicles for consumers across the United States [4]

Core Insights - Can-Am is introducing numerous innovations in its 2026 Off-Road lineup, including the first full-size production electric ATV and advancements in existing models [1][12] - The 2026 Can-Am Outlander Electric is designed for utility and adventure, featuring a modular Rotax E-Power powerpack, delivering 47 hp and 53 lb-ft of torque, with a range of up to 50 miles [1][2] - The Outlander MAX 6x6 is engineered for extreme terrain, featuring a robust chassis and powerful Rotax engine, offering significant towing capacity and off-road performance [3][4] - Can-Am is introducing a semi-active suspension system, Smart-Shox, for the Outlander XT-P and MAX Limited packages, enhancing ride comfort and handling [5][6] - The Maverick R X rc is designed for rock-crawling performance, featuring specialized gear and components for challenging terrains [7][9] - The Maverick X3 receives key refinements, including modernized LED lighting and a 10.25'' Touchscreen Display with built-in GPS, enhancing the rider experience [10][11] Product Innovations - The 2026 Can-Am Outlander Electric features instant throttle response, selectable ride modes, and rapid charging capabilities [1][2] - The Outlander MAX 6x6 includes advanced suspension and drivetrain features for improved performance in rugged conditions [4] - Smart-Shox technology allows for real-time adjustments to suspension settings based on terrain and speed, providing versatility for various riding conditions [5][6] - The Maverick R X rc includes rock-crawling specific features and protective components, making it suitable for extreme off-road challenges [8][9] - The Maverick X3 offers a range of packages tailored to different rider preferences, with enhancements in technology and performance [10][11] Company Overview - BRP Inc. is a global leader in powersports products, with a diverse portfolio including Can-Am vehicles, and reported annual sales of CA$7.8 billion [13]

Core Insights - Massimo Group is transitioning to a nearshoring manufacturing model to address global supply chain volatility and tariff pressures [1][2] - The initiative aims to reduce shipping risks, improve lead times, and enhance quality assurance and inventory management [2][3] - This strategic move is expected to improve gross margins, enhance working capital efficiency, and protect shareholder value [2][3] Manufacturing Strategy - The company is diversifying its manufacturing footprint beyond East Asia to establish production capabilities closer to North American markets [1][2] - New manufacturing locations will be developed in regions with skilled labor, favorable trade agreements, and alignment with U.S. quality standards [3] Operational Goals - By relocating production closer to end markets, Massimo aims to reduce reliance on long-haul container shipping and global ports [6] - The company seeks to improve fulfillment velocity across its dealer network and elevate ESG performance by reducing its carbon footprint [6] - There is an emphasis on accelerating the rollout of modular vehicle platforms and smart system integration [6] Market Positioning - The initiative positions Massimo to meet the growing demand for next-generation electric and climate-controlled powersports vehicles, including advanced UTVs and ATVs [3][4] - This transformation reflects a broader commitment to sustainable growth, innovation leadership, and strategic adaptability amid shifting global dynamics [4]