Hybrid Dynamics Corp., based in American Fork, said Wednesday that it has agreed to acquire Delaware American Motors LLC, based in New Jersey.
Financial terms were not disclosed. The acquisition is expected to close by April 30.
Delaware American, founded in 2002, manufactures custom-made, high-end luxury motorcycles. Hybrid Dynamics, through wholly owned subsidiary Pukka USA Inc., is developing a line of recreational electric vehicles and motor-control systems and hybrid drive-train technologies for electric and hybrid motorized vehicles.