The Rise of Electric Motorcycles: A Greener Future

The Rise of Electric Motorcycles: A Greener Future

The Rise of Electric Motorcycles: A Greener Future

In recent years, there has been a noticeable shift in the world of motorcycles. Traditional gasoline-powered bikes are now sharing the roads with their electric counterparts. The rise of electric motorcycles signals a significant change in the way we view transportation and the future of mobility. In this article, we will explore the reasons behind the surge in popularity of electric motorcycles and the potential they hold for a greener future. Let’s dive into the electrifying world of two-wheeled eco-friendly transportation.

The Environmental Imperative

As concerns about climate change and air pollution continue to grow, the need for sustainable modes of transportation has become more evident. Electric motorcycles offer a cleaner and greener alternative to their gas-guzzling counterparts. By eliminating tailpipe emissions, these bikes help to reduce carbon dioxide and other harmful pollutants that contribute to global warming and deteriorating air quality.

Advancements in Battery Technology

Advancements in Battery Technology

One of the main factors driving the rise of electric motorcycles is the rapid advancement in battery technology. Lithium-ion batteries, which are commonly used in electric motorcycles, have seen significant improvements in energy density and charge times. These advancements have led to increased range and performance, addressing one of the primary concerns of early electric vehicle adopters: limited range and long charging times.

1. Increased Energy Density: One of the key advancements in battery technology is the increase in energy density. This refers to the amount of energy that can be stored in a given volume or weight of a battery. As energy density improves, electric motorcycles can carry more energy in a smaller and lighter battery pack. This translates into longer range and better performance, making electric motorcycles a more viable option for riders.

2. Faster Charging Times: Early electric motorcycles often suffered from long charging times, making them inconvenient for long-distance rides. However, advancements in battery technology have significantly reduced charging times. Fast-charging options are now available, allowing riders to charge their electric motorcycles quickly and get back on the road. Rapid charging solutions can provide a substantial charge in just a matter of minutes, improving the practicality and usability of electric motorcycles.

3. Enhanced Battery Lifespan: Battery degradation and limited lifespan have been concerns for electric vehicle owners. However, ongoing research and development have resulted in improved battery chemistries and management systems, increasing the lifespan of lithium-ion batteries. Manufacturers are now offering warranties on battery packs, providing peace of mind to riders and ensuring that their investment in an electric motorcycle will last for years to come.

4. Scalability and Modularity: Battery technology advancements have also led to greater scalability and modularity. Electric motorcycle manufacturers can design bikes with removable or swappable battery packs, allowing riders to easily extend their range or replace a depleted battery with a fully charged one. This modularity also opens up opportunities for battery upgrades, ensuring that riders can take advantage of future advancements without having to purchase an entirely new motorcycle.

5. Synergies with Other Industries: The advancements in battery technology driven by the electric vehicle industry have also benefited other sectors such as renewable energy and grid storage. As electric motorcycles gain popularity, the demand for improved battery technology increases, leading to further innovation and economies of scale. This, in turn, accelerates the adoption of electric vehicles and renewable energy sources, creating a positive feedback loop for a greener future.

These advancements in battery technology have transformed electric motorcycles from being limited novelties to practical and reliable transportation options. With increased energy density, faster charging times, enhanced lifespan, scalability, and synergies with other industries, electric motorcycles are becoming a compelling choice for riders who seek both sustainability and performance. As battery technology continues to evolve, we can expect even greater improvements in the range, charging times, and overall performance of electric motorcycles

Performance without Compromise

Performance without Compromise

Contrary to popular belief, electric motorcycles are not just for environmentally conscious riders. They offer exhilarating performance and a thrilling riding experience that rivals their gasoline-powered counterparts. Electric motors deliver instant torque, providing impressive acceleration and an adrenaline-filled ride. With advancements in battery technology, electric motorcycles are now capable of achieving comparable top speeds and extended range, making them a viable option for riders who value both performance and sustainability.

Infrastructure and Charging Solutions

As electric motorcycles gain popularity, the need for an extensive charging infrastructure becomes paramount. Fortunately, the charging network for electric vehicles is rapidly expanding, providing convenient charging solutions for riders. From home charging stations to public charging stations, electric motorcycle owners have various options to keep their bikes juiced up. Additionally, advancements in fast-charging technology are reducing charging times, further improving the practicality and convenience of electric motorcycles.

Affordability and Cost Savings

While electric motorcycles may have a higher upfront cost compared to their gasoline counterparts, they offer significant cost savings over time. The price of electricity for charging an electric motorcycle is typically much lower than the cost of gasoline, resulting in reduced operational expenses. Furthermore, electric motorcycles have fewer moving parts and require less maintenance compared to traditional bikes, resulting in long-term cost savings for riders.

Affordability and Cost Savings

Noise Reduction and Community Integration

Motorcycles are often associated with loud engine noises that can disturb both riders and communities. Electric motorcycles provide a quieter and more peaceful riding experience, reducing noise pollution in residential areas and creating a more harmonious coexistence between riders and non-riders. This noise reduction also opens up opportunities for motorcycle-friendly infrastructure and increased acceptance of motorcycles in urban environments.

The rise of electric motorcycles represents a significant shift towards a greener future in the world of two-wheeled transportation. These eco-friendly machines offer a cleaner and more sustainable alternative to traditional gasoline-powered bikes without compromising performance or riding pleasure. Advancements in battery technology, expanding charging infrastructure, cost savings, and reduced environmental impact are all contributing factors to the growing popularity of electric motorcycles. As we embrace these electric steeds, we pave the way for a more sustainable and enjoyable riding experience for generations to come.

The Big Rise in Gasoline (and Diesel) Prices Begins Today

2020 and 2021 have been difficult for all of us. With the way it’s going, 2022 is likely to be even tougher, especially for motorists, as fuel prices have continued to soar.

Yesterday the oil companies Shell, Caltex, CleanFuel and Seaoil announced that there will be a big increase in the price of fuel today, March 8, 2022. For us bikers, there will be a further increase in the price of gasoline PHP 3.60/litre. , while diesel fuel will see a huge price hike of PHP 5.85/litre.

Other oil companies are expected to follow suit.

According to oil companies, the conflict in Eastern Europe has affected the world price of oil and is approaching 100 USD/barrel to date.

According to the Ministry of Energy, if Dubai crude reaches USD 120/barrel, the estimated cost per liter of gasoline here in the country could reach PHP 78.33, while diesel could reach PHP 69.00 per liter. .

Proposed Fuel Excise Tax Suspension

Yesterday, members of the Philippine Congress supported the proposal to suspend the excise tax levied on fuel to mitigate the impact of continued fuel price increases.

“If you want an immediate impact, not only on the transport sector but also on all citizens, then we must pass Bill 10488 as soon as possible,” said Bayan Muna representative Carlos Zarate.

Zarate was referring to a measure to suspend certain provisions of the Tax Reform for Acceleration and Inclusion Act (TRAIN Act) which imposed a tax of PHP 10/litre on gasoline, a tax of PHP 6, PHP 00/litre on diesel, a tax of PHP 5.00/litre on kerosene, and PHP 3.00/kg on LPG.

Is it high time to switch to electric motorcycles? Or maybe use those legs more while riding a bike?

Harley-Davidson Livewire will be the first American electric motorcycle brand to go public

ABIC will merge with LiveWire (the e-bike division of Harley-Davidson) to build a new publicly traded company. This common stock will be listed on the New York Stock Exchange under “LVW”. This new coalition will make Harley-Davidson’s LiveWire the first publicly traded electric motorcycle company in the United States.

Harley-Davidson expects the net profit from the transaction to be $545 million. The brand will use these reserves to accelerate the future of its first model, generate new products and improve global production and distribution. This IPO is accompanied by an increase in wealth in the form of a PIPE (Private Investment in Public Equity), the Taiwanese manufacturer of two-wheelers Kymco, already a partner of LiveWire, implanting 100 million dollars. The transaction will be funded by ABIC’s $400 million held in trust and a $100 million investment from Harley-Davidson.

What does this mean for the future of Harley-Davidson Livewire?

Via: Harley-Davidson

Harley-Davidson will be the majority shareholder (74%) of the company following the closing of the transaction. ABIC shareholders will own 17%, while ABIC and Kymco founders will own 4% of LiveWire. Jochen Zeitz (Chairman, President and CEO of Harley-Davidson) will be the director of LiveWire and will serve as CEO for the first two years following the closing of the transaction. Harley-Davidson expects the joining forces to have an industry value of approximately $1.77 billion when it goes public.

Via: Harley-Davidson

Jochen Zeitz, President, President and CEO of Harley-Davidson, said: “Today’s announcement is a historic milestone, with LiveWire poised to become the first publicly traded electric motorcycle company in the United States. Building on Harley-Davidson’s 118-year lineage, LiveWire’s mission is to be the world’s most desirable electric motorcycle brand, leading the electrification of the sport.” He explained, “This transaction will give LiveWire the freedom to fund new product development and accelerate its time-to-market model, LiveWire will be able to operate as an agile, innovative public company while benefiting from the large-scale manufacturing and distribution capabilities of its strategic partners. , Harley-Davidson and Kymco.

Via: Harley-Davidson

For reference, in February 2021, Harley-Davidson unveiled its goals to build an electric motorcycle business as part of its five-year “Hardwire” approach. The brand’s first model is the LiveWire One, a relaunched version of the popular LiveWire e-bike at a much lower price. In May, the LiveWire model name was changed to a proper brand name. The US launch of the new LiveWire One initially took place in California, New York and Texas. Beyond the United States, the LiveWire One will be available from 2022.

Expand LiveWire Wallet

Via: Harley-Davidson

The LiveWire One is now in production. The next product plan will be the launch of LiveWire S2 Del Mar, named after the California town of the same name. This bike, smaller and lighter than the original LiveWire One model, will be a mid-weight offering. It is obviously based on the Arrow platform. The S2 range will be accompanied, logically, by the S3 range. LiveWire envisions these models to be scaled-down versions of the Arrow architecture with smaller batteries and motors, so they can fit into the “lightweight market.”

Via: Harley-Davidson

ARROW, a modular and scalable EV system integrating a motor and battery with an on-board charger, is the basis of the future product line. Zeitz said Harley designed the EV systems to meet the needs of the motorcycle market. He also said that spatial constraints and the impact of battery weight on handling were therefore of major importance.

Jochen explained that Harley LiveWire can innovate faster by controlling the IP of motor, battery and power electronics. This allows them to avoid the limitations imposed by third-party options. They can quickly expand vertically and horizontally with the ease of an EV-powered powertrain and the benefits of a modular, scalable architecture. Harley-Davidson can bring new models to market faster with less R&D.

Via: Harley-Davidson

LifeWire’s latest statement on IPO plans says it will focus on applications for urban electric motorcycles. It will first establish a brand presence in North America and Europe, and then expand into other markets, including Asia. LiveWire says it will expand its product line while focusing on the rapidly evolving future of electric vehicles. This will ensure that core Harley-Davidson elements are protected by future technology.

SPAC mergers are a popular way for electric two-wheeled vehicle makers to quickly enter the US stock market. Gogoro is taking a similar route with a SPAC, which will take him to NASDAQ.

Via: Harley-Davidson

LiveWire’s claim to be the first publicly traded electric motorcycle company may need a little explanation. Although Gogoro’s electric two-wheelers can travel over 80 km/h (50 mph), they were considered scooters rather than motorcycles. Arcimoto’s publicly traded three-wheeled fun utility vehicles, legal in most US states, are honestly motorcycles. However, Arcimoto does not refer to its vehicles as bicycles, so it will not protect this label. HD’s LiveWire is sure to be the number one electric motorcycle company on Wall Street, compared to the others.

Who needs a Harley? A man builds an electric motorcycle in his garage

Using lots of steel tubing and a ready-made electric bike kit, this guy built his own electric motorcycle.

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About the Author

Karan Rawat
(47 articles published)

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Prices of Tork Motors electric motorcycles

Tork Motors, headquartered in Pune, which was one of the first Indian start-ups to work on the electric motorcycle, is finally about to launch its electric motorcycle codenamed T6X under the name ” Kratos â€. Scheduled for a virtual launch in the last week of January, the company claims Kratos is a truly ‘Made in India’ smart motorcycle and has been the subject of extensive research and development for over six years. The T6X was first unveiled in 2016 and was supposed to be available for a promotional price of Rs 125,000.

According to the company, it is the first vertically integrated electric vehicle in India, powered by the company’s proprietary Tork Liion battery with advanced axial flow motor topology for maximum peak power and range.

The start-up said Kratos will showcase its Tork Intuitive Response Operating System (TIROS) intelligence system that helps urban commuters pass for an unprecedented driving experience. In addition to technical analysis, energy management, real-time energy consumption, compilation of data on each journey and range forecasts; Tiros would play an essential role in addition to the pilot and the machine. It is equipped with fast charging capabilities and 4G telemetry for data and service support.

Kapil Shelke, CEO and Founder of Tork Motors, said: “After years of extensive research and iterations, we are all ready to present India’s first electric motorcycle – Kratos. As the name suggests, Kratos is the personification of strength and power. It is not only renowned Kratos, but developed entirely as an all-new motorcycle as the T6X with a remarkably redesigned frame and styling, achieved through rigorous testing with internal and external teams.

It features improved ergonomics, an LED headlight, a rear light and a new version of the split seat for seating comfort during city walks. The larger battery provides longer runtime and faster charging capacity.

Since its inception, Tork Motors claims to have filed over 50 IPR (Intellectual Property Rights) patents and designs to strengthen its R&D and advanced technology.

The company will begin booking after the virtual launch, with deliveries expected to begin in a few months.

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Prices of Tork Motors electric motorcycles
Tork Motors to Launch Tech-Loaded Kratos Electric Bike Soon
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Harley-Davidson launches brand of electric motorcycles

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Harley-Davidson’s brand of electric motorcycles, LiveWire, will debut next year as a separate, publicly traded company. LiveWire will still be 74% owned by Harley-Davidson and its financial results will be published with Harley’s, but it will have its own trading of shares on the New York Stock Exchange under the symbol “LVW”. The new company will go public in the first half of 2022 through a merger with a special purpose acquisition company, or SPAC, according to Harley-Davidson. Taiwanese motorcycle company Kymco is also investing in the new company and will hold a 17.3% stake. Video above: Harley-Davidson is struggling to increase sales with its electric motorcycle. Harley-Davidson’s current overall market capitalization is approximately $ 5.8 billion. LiveWire currently only offers one model, the $ 22,000 LiveWire One. The 100-horsepower bike has a range of 146 miles in low-speed city driving and 70 miles in high-speed highway driving. Harley’s LiveWire electric motorcycle was first introduced as a concept bike in 2014. It went on sale as a production model in 2019, but was often criticized for its hefty price tag during the era. ‘about $ 30,000. Harley-Davidson expects LiveWire to release three more electric motorcycle models, but the company has not provided a timeline for when. It plans to sell approximately 190,000 electric motorcycles worldwide by 2030. In 2021, Harley-Davidson has sold less than 400 LiveWire motorcycles. The brand will also market small electric bicycles for children. LiveWire competes with young electric motorcycle makers like Zero and Lightning, both based in the United States, and Italian Energica. Electric motorcycles currently only account for 1% of motorcycle sales in the United States, according to Harley-Davidson, but the company expects them to be 10% by 2026. By then, they should represent 13% of sales in Europe. and 45% in China, according to a presentation to Harley-Davidson investors. Harley-Davidson announced its own five-year strategy earlier this year, which involved focusing on the brand’s core market segments, large touring and cruising motorcycles.

Harley-Davidson’s brand of electric motorcycles, LiveWire, will debut next year as a separate, publicly traded company.

LiveWire will still be 74% owned by Harley-Davidson and its financial results will be released with Harley’s, but it will have its own trading of shares on the New York Stock Exchange under the symbol “LVW”. The new company will go public in the first half of 2022 through a merger with a special purpose acquisition company, or SPAC, according to Harley-Davidson. Taiwanese motorcycle company Kymco is also investing in the new company and will hold a 17.3% stake.

Video Above: Harley-Davidson Struggles To Increase Sales With Its Electric Motorcycle

The spin-off gives LiveWire a business valuation of nearly $ 1.8 billion. Harley-Davidson’s current overall market capitalization is approximately $ 5.8 billion.

LiveWire currently offers only one model, the LiveWire One at $ 22,000. The 100-horsepower bike has a range of 146 miles in low-speed city driving and 70 miles in high-speed highway driving. Harley’s LiveWire electric motorcycle was first introduced as a concept bike in 2014. It went on sale as a production model in 2019, but was often criticized for its hefty price tag during the era. ‘about $ 30,000.

Harley-Davidson plans for LiveWire to release three more electric motorcycle models, but the company has not provided a timeline for when. It plans to sell around 190,000 electric motorcycles worldwide in 2030. In 2021, Harley-Davidson sold less than 400 LiveWire motorcycles. The brand will also market small electric bicycles for children.

LiveWire competes with young electric motorcycle makers like Zero and Lightning, both based in the United States, and Italian Energica. Electric motorcycles currently only represent 1% of motorcycles sales in the United States, according to Harley-Davidson, but the company expects them to be 10% by 2026. By then, they are expected to represent 13% of sales in Europe and 45% in China, according to a Harley-Davidson. -Presentation of Davidson investors.

Harley-Davidson announced its own five-year strategy earlier this year, which was to focus on the brand’s core market segments, large touring and cruising motorcycles.

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Harley-Davidson is parting ways with its brand of electric motorcycles

Harley-Davidson is parting ways with its brand of electric motorcycles

Harley-Davidson electric motorcycle brand LiveWire will become a separate, publicly traded company next year. LiveWire will still be 74% owned by Harley-Davidson and its financial results will be published alongside those of Harley, but its own shares on the New York Stock Exchange under the symbol “LVW”. The new company will go public in the first half of 2022 through a merger with a special purpose acquisition company, or SPAC, according to Harley-Davidson. Taiwanese motorcycle company Kymco is also investing in the new company and will hold a 17.3% share.

Harley-Davidson’s overall current market capitalization is approximately $5.8 billion. LiveWire currently offers only one model, the $22,000 LiveWire One. The 100-hp bike has a range of 146 miles in low-speed city driving and 70 miles in higher-speed highway driving. Harley’s LiveWire electric motorcycle was first shown as a concept bike in 2014. It went on sale as a production model in 2019, but was frequently criticized for its high price tag at the time. around $30,000. motorcycle models, but the company did not provide a timeline for when. It expects to sell around 190,000 electric motorcycles globally in 2030. In 2021, Harley-Davidson sold less than 400 LiveWire motorcycles.

The brand will also sell small electric bikes for children. LiveWire competes with startup electric motorcycle manufacturers like Zero and Lightning, both based in the United States, and Energica in Italy. Electric motorcycles currently represent only 1% of motorcycle sales in the United States, according to Harley-Davidson, but the company expects them to represent 10% by 2026. By then, they should represent 13% of sales in Europe. and 45% in China, according to a presentation to Harley-Davidson investors.

Harley-Davidson’s electric motorcycle brand, LiveWire, will be spun off into a separate, publicly traded company next year.

LiveWire will still be 74% owned by Harley-Davidson and its financial results will be published with Harley, but it will have its own stock trading on the New York Stock Exchange under the symbol “LVW”. The new company will go public in the first half of 2022 through a merger with a special purpose acquisition company, or SPAC, according to Harley-Davidson. Taiwanese motorcycle company Kymco is also investing in the new company and will hold a 17.3% share.

Video above: Harley-Davidson struggles to increase sales with its electric motorcycle

The spin-off gives LiveWire a business valuation of nearly $1.8 billion. Harley-Davidson’s overall current market capitalization is approximately $5.8 billion.

LiveWire currently offers only one model, the $22,000 LiveWire One. The 100-hp bike has a range of 146 miles in low-speed city driving and 70 miles in higher-speed highway driving. Harley’s LiveWire electric motorcycle was first shown as a concept bike in 2014. It went on sale as a production model in 2019, but was frequently criticized for its high price tag at the time. around $30,000.

Harley Davidson blueprints for LiveWire to release three more electric motorcycle models, but the company didn’t provide a timeline for when. He expects to sell around 190,000 electric motorcycles in the world in 2030. In 2021, Harley-Davidson sold less than 400 LiveWire motorcycles. The brand will also market small electric bikes for children.

LiveWire competes with startup electric motorcycle manufacturers like Zero and Lightning, both based in the United States, and Energica in Italy. Electric motorcycles currently represent only 1% of motorcycles sales in the United States, according to Harley-Davidson, but the company expects them to be 10% by 2026. By then, they are expected to represent 13% of sales in Europe and 45% in China, according to a Harley-Davidson Investor Presentation.

Harley-Davidson announced its own five-year strategy earlier this year, which was to focus on the brand’s core market segments, namely large touring and cruiser motorcycles.

Harley-Davidson launches brand of electric motorcycles – KION546

Harley-Davidson launches brand of electric motorcycles – KION546

By Peter Valdes-Dapena, CNN Business

Harley-Davidson’s brand of electric motorcycles, LiveWire, will debut next year as a separate, publicly traded company.

LiveWire will still be 74% owned by Harley-Davidson and its financial results will be published with Harley’s, but it will have its own trading of shares on the New York Stock Exchange under the symbol “LVW”. The new company will go public in the first half of 2022 through a merger with a special purpose acquisition company, or SPAC, according to Harley-Davidson. Taiwanese motorcycle company Kymco is also investing in the new company and will hold a 17.3% stake.

The spin-off gives LiveWire a business valuation of nearly $ 1.8 billion. Harley-Davidson’s current overall market capitalization is approximately $ 5.8 billion.

LiveWire currently offers only one model, the LiveWire One at $ 22,000. The 100-horsepower bike has a range of 146 miles in low-speed city driving and 70 miles in high-speed highway driving. The Harley LiveWire electric motorcycle was first introduced as a concept bike in 2014. It went on sale as a production model in 2019, but was often criticized for its high price tag during its era. approximately $ 30,000.

Harley-Davidson plans for LiveWire to release three more electric motorcycle models, but the company has not provided a timeline for when. It plans to sell around 190,000 electric motorcycles worldwide in 2030. In 2021, Harley-Davidson sold less than 400 LiveWire motorcycles. The brand will also market small electric bicycles for children.

LiveWire competes with young electric motorcycle makers like Zero and Lightning, both based in the United States, and Italian Energica. Electric motorcycles currently only represent 1% of motorcycles sales in the United States, according to Harley-Davidson, but the company expects them to be 10% by 2026. By then, they are expected to represent 13% of sales in Europe and 45% in China, according to a Harley-Davidson. -Presentation of Davidson investors.

Harley-Davidson announced its own five-year strategy earlier this year, which was to focus on the brand’s core market segments – large touring and cruising motorcycles.

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Harley-Davidson transforms its brand of electric motorcycles into a separate company

LiveWire will still be 74% owned by Harley-Davidson and its financial results will be released with Harley’s, but it will have its own trading of shares on the New York Stock Exchange under the symbol “LVW”. The new company will go public in the first half of 2022 through a merger with a special purpose acquisition company, or SPAC, according to Harley-Davidson. Taiwanese motorcycle company Kymco is also investing in the new company and will hold a 17.3% stake.

The spin-off gives LiveWire a business valuation of nearly $ 1.8 billion. Harley-Davidson’s current overall market capitalization is approximately $ 5.8 billion.

LiveWire currently offers only one model, the LiveWire One at $ 22,000. The 100-horsepower bike has a range of 146 miles in low-speed city driving and 70 miles in high-speed highway driving. The Harley LiveWire electric motorcycle was first introduced as a concept bike in 2014. It went on sale as a production model in 2019, but was often criticized for its high price tag during its era. approximately $ 30,000.

Harley-Davidson plans for LiveWire to release three more electric motorcycle models, but the company has not provided a timeline for when. It plans to sell around 190,000 electric motorcycles worldwide in 2030. In 2021, Harley-Davidson sold less than 400 LiveWire motorcycles. The brand will also market small electric bicycles for children.

LiveWire competes with young electric motorcycle makers like Zero and Lightning, both based in the United States, and Italian Energica. Electric motorcycles currently only represent 1% of motorcycles sales in the United States, according to Harley-Davidson, but the company expects them to be 10% by 2026. By then, they are expected to represent 13% of sales in Europe and 45% in China, according to a Harley-Davidson. -Presentation of Davidson investors.

Harley-Davidson announced its own five-year strategy earlier this year, which was to focus on the brand’s core market segments, large touring and cruising motorcycles.

Harley’s “LiveWire” Electric Motorcycle Brand to Be Publicized in SPAC Agreement with KYMCO

NEW YORK, NY – JUNE 23: Harley-Davidson riders unveil Project LiveWire, the world’s first electric vehicle … [+] Harley-Davidson motorcycle on a special ride across the iconic Manhattan Bridge on June 23, 2014 in New York City. (Photo by Neilson Barnard / Getty Images for Harley Davidson)

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The quest to get U.S. motorcycle maker Harley-Davidson back on track took an unusual but not entirely unexpected turn on Monday with the reveal that the company’s new brand of electric motorcycles, LiveWire, will go public with a PSPC deal. in a close future. .

No specific date for a public offering has been given and the deal is subject to the approval of the shareholders of the SPAC company, but a press release said that LiveWire, which was recently created by Harley-Davidson as than its own brand, will be associated with sustainability. Specialized acquisition company AEA-Bridges Impact Corporation (aka ABIC) for listing as LVW on the New York Stock Exchange. ABIC is listed under the stock symbol IMPX.

Additionally, Taiwan-based KYMCO is also part of the deal. KYMCO manufactures a wide range of scooters, light motorcycles, ATVs and other motorized devices and sells them in countries all over the world, including in the USA, where they are best known for their scooters. KYMCO’s US headquarters are located in South Carolina.

According to the press release, “LiveWire’s funding will consist of $ 400 million in cash from ABIC held in trust, a $ 100 million investment from Harley-Davidson and a $ 100 million investment from KYMCO, via a PIPE (private investment in public capital). ” When public, “Harley-Davidson will retain an approximate 74% stake in the company, ABIC shareholders will own approximately 17%, and the founders of ABIC and KYMCO will each own approximately 4%.”

If closed, the deal could give LiveWire an “enterprise value of approximately $ 1.77 billion and net worth of approximately $ 2.3 billion at closing,” the statement said. press published Monday morning. Harley-Davidson had a market cap of $ 6 billion at midday Monday.

“Today’s announcement is a historic milestone with LiveWire on its way to becoming the first publicly traded electric motorcycle company in the United States. the electrification of sport, â€Harley-Davidson CEO Jochen Zeitz said in the press release. “This transaction will give LiveWire the freedom to fund new product development and accelerate its time-to-market model. LiveWire will be able to operate as an agile and innovative public enterprise while benefiting from the large-scale manufacturing and distribution capabilities of its strategic partners, Harley-Davidson and KYMCO. “

To analyse

We put a lot of emphasis on new CEO Jochen Zeitz, who was on Harley’s board of directors before becoming CEO in March 2020 – just at the start of the pandemic. Harley-Davidson suffered from consecutive quarters of falling profits, falling sales and losing market share. An aging but dedicated core demographics, expensive products that were viewed by many throughout the motorcycle community as high quality but technologically outdated, and a general decline in the number of people appearing interested in motorcycles – of any brand or name. type – had some people foresee a possible end of Harley-Davidson, or the loss of its independence in a possible sale.

More than 50 years ago, the iconic motorcycle maker found itself in the hands of leisure equipment maker AMF, where it almost went bankrupt before a last-minute takeover by company executives. The company reinvented and refined key parts of its motorcycles and the brand went public (HOG) in 1986. From there, continuous efforts at modernization and product refinement led Harley-Davidson to one of the most big comebacks in American business history, but the past few years haven’t been nice, despite HD making some of the excellent motorcycles this author has reviewed.

However, Zeitz, from Germany, had managed to bring sportswear maker Puma back from the brink before joining Harley’s board of directors, and it was hoped he could work some of the same magic on it. Milwaukee. After taking the reins, Zeitz continued former CEO Matt Levatich’s efforts to bring a controversial new motorcycle to fruition but at the right time earlier this year, and the Pan America adventure bike was a hit for the business (disclosure: I’m currently reviewing Pan America for Forbes.com).

This launch followed another controversial step for Harley under Levatich: the debut of the fully electric motorcycle LiveWire in 2019. Perhaps as a forerunner of the LiveWire plan, at the end of 2020, Harley-Davidson announced that its electric bikes newly announced would be created. as its own brand, Serial 1, a name taken from the first Harley motorcycle produced in 1903.

MORE FORBESHarley-Davidson “Serial 1” Details New Electric Bikes with Specifications, Prices, and a Nice SurpriseThrough Bill roberson

Harley-Davidson was the first (and perhaps the most unlikely) major bicycle maker to launch a full-size, full-horsepower electric motorcycle in the industry – and still is, as of this writing. . However, they have stiff competition from Zero Motors, which started as a manufacturer of clean leaf electric motorcycles over 15 years ago and produces a wide range of popular electric motorcycles, all of which are cheaper than the model. LiveWire, which is now known as LiveWire One under the LiveWire brand.

While going public with a SPAC is surprising, the inclusion of Taiwan-based scooter maker KYMCO in the deal may be more so – but it also makes sense. Although relatively unknown in the United States, KYMCO is a heavyweight outside of America, selling hundreds of thousands of machines – many of which are quite sophisticated – across Europe and Asia. The pairing with KYMCO gives LiveWire (and by extension Harley-Davidson) an easier entry into Eurasian markets with what can be a simple rebranding of KYMCO products as LiveWire machines, while also putting the huge ones KYMCO’s R&D and production capabilities for new products – especially all -electric machines – at your fingertips.

Electric scooters are already commonplace and are gaining popularity in many cities around the world. While breaking through with a full-size electric motorcycle is a tall order due to the much higher expectations of bikers, putting together competent scooters – especially electric models – is a much easier fruit to hang on to. The prices are much lower and buyers don’t expect supercar performance. Most of the time, they need their machines to be reliable, affordable and convenient in terms of transporting cyclists through major cities, where the electric charging infrastructure – or battery exchange technology – is already largely in place. With LiveWire essentially separated from the Harley-Davidson branding, the Motor Company could be in the mix in a massive global market for electric motorcycles and scooters far beyond what they could have hoped for in terms of their large. legacy gasoline-powered machines, which will continue to be popular in the United States

The LiveWire split had sparked discussions that Harley-Davidson would do the same with Pan America motorcycles, but they may tie into the mothership a bit more than the LiveWire and Serial 1 platforms. Harley-Davidson shares rose sharply in LiveWire news, but have since returned most of those gains.

The electric motorcycle company ALYI operates alongside

Dallas, Texas, December 13, 2021 (GLOBE NEWSWIRE) – Alternet Systems, Inc. (OTC Pink: ALYI) today introduced the Harley-Davidson announcement that it will go public with its LiveWire electric motorcycle division through a SPAC merger with AEA-Bridges Impact Corp at a pro forma enterprise value of $ 1.77 billion.

“LiveWire plans to redefine motorcycles as the industry leader in fully electric motorcycles, with a focus on the urban market and beyond,†the company said in a statement.

LiveWire says it will have two strategic partners, Harley-Davidson and Taiwanese powersports company KYMCO.

“At the risk of sounding shameless, ALYI implemented what now appears to be the Harley-Davidson electric motorcycle business plan ahead of Harley-Davidson,†said Internet Systems CEO Dr. Randell Torno. “We married Western design with Asian manufacturing to develop electric motorcycles for the emerging urban market while Harley-Davidson was still developing electric motorcycles at SUV prices. Now Harley-Davidson believes their urban and beyond goal with their partner KYMCO is a $ 1.7 billion idea. Well, I tend to agree with them. ALYI just got the idea first. Perhaps with a global brand like Harley-Davidson pursuing an electric motorcycle strategy parallel to our own, ALYI’s electric motorcycle business will benefit from the implicit validation of our electric motorcycle strategy.

ALYI has started shipping electric motorcycles made in China to enter into service in the motorcycle taxi market in East Africa.

ALYI partnered with MODUS in 2019, a Texas-based engineering company, and to develop an electric motorcycle for ALYI based on the BMW R71 motorcycle design of the 1930s.

ALYI recognized early on the market’s potential to marry Western design with Asian manufacturing.

In addition to rolling out electric motorcycles in Africa, ALYI has also started supplying electric three-wheeled vehicles in Africa for the taxi and delivery markets as another component of ALYI’s global EV ecosystem solution. .

ALYI’s EV ecosystem strategy firstly focuses its efforts on developing solutions for the East African market where per capita transport is low and where EV solutions have the potential to be a first transport solution on the market rather than replacing an existing solution.

EV solutions robust enough to support the East African environment are also likely to be viable solutions anywhere else in the world, and ALYI plans to expand globally.

ALYI designed its EV Ecosystem solution to include democratized participation. ALYI has partnered with Revolt Token (RVLT) to fund the growth of ALYI by offering participation in the EV ecosystem through the sale of Revolt Tokens.

To learn more about Revolt Token and how to participate in ALYI’s electric vehicle ecosystem through the purchase of Revolt Tokens, visit https://rvlttoken.com/.

For more information and to stay up to date on the latest global developments at ALYI, please visit www.alternetsystemsinc.com.

Safe Harbor / Disclaimer: This press release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned in this document will make significant sales, failure to meet the timing or performance requirements of the companies’ contracts, the liquidity position of the companies, the capacity companies to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In light of these uncertainties, the forward-looking events mentioned in this press release may not occur.

Alsternet Systems, Inc.Randell Torno

[email protected]

+ 1-800-713-0297

  • $ ALYI – Electric Motorcycle Company ALYI Works Parallel to Harley-Davidson SPAC

  • $ ALYI – Electric Motorcycle Company ALYI Works Parallel to Harley-Davidson SPAC