Cobra Powersports and TGB plan to continue their working relationship under a new multi-year agreement, the companies said in a joint statement May 13. Under the terms of the agreement, TGB will continue to supply Cobra Powersports with scooters and ATVs for the U.S. market.
This new supply agreement benefits both companies through distribution channels Cobra Powersports set up and manufacturing capabilities from TGB.
TGB will continue to manufacturer scooters and ATVs in Taiwan for Cobra Powersports to distribute in the United States. Under the new agreement, the scooters and ATVs will be sold under the brand name “PEIRSPEED by TGB”. PEIRSPEED is a brand name Cobra Powersports owns.
The agreement extends a long-standing relationship between the two corporations, with Cobra Powersports distributing TGB scooters and ATVs since 2004.
The two companies also have agreed to maintain an open dialogue to explore further product opportunities.