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Back onthe road

FAMEL prepares its comeback with a round of financing

FAMEL is back on the road with a round of investment to accelerate the return of the XF-17-inspired electric motorcycle. The operation involves investors such as Magnify Capital Partners and Banco de Fomento and around 100 confirmed pre-orders.

FAMEL returns with an electric model inspired by the XF-17, backed by an investment of €2.45 million. Produced in Anadia and focusing on domestic components, the new model already has 100 pre-orders. The first deliveries are scheduled for spring, and the target is 2,000 units per year by 2029. The brand's rebirth has the support of strategic investors, including Magnify Capital Partners and Banco de Fomento, who believe in the potential of electric mobility in Portugal. This investment will not only resume production but also create jobs and boost the national industry. Production will take place in Portugal, prioritizing national components whenever possible. This commitment to local industry is one of the project's pillars, contributing to the economy and creating value in the country. With 100 pre-orders already confirmed, FAMEL demonstrates that there is demand for this type of product. The first deliveries are scheduled for spring 2025, marking the beginning of a new era for the iconic brand.