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TVS overtakes Yamaha’s Market Capitalisation

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TVS overtakes Yamaha’s Market capitalisation to become third-largest two-wheeler maker in the world. The market capitalisation (Mcap) of Chennai-based (India) TVS Motor has surged 37% to $9.2 billion over the past six months, as per Bloomberg’s data. In contrast, Yamaha Motor saw an Mcap erosion of $1.6 billion from its August highs. Only seventeen months ago, TVS Motor Company was less than half the size of Yamaha Motor Co. Now, it has overtaken the Japanese two-wheeler giant in terms of market valuation. Investors continue to bet on a revival in both domestic and export markets, and TVS seemed the horse of choice, symbolic of its logo. BTW, Indian two-wheeler manufacturers make up four of the top five companies in the world. Bajaj Auto tops the list with a Mcap of $19 billion, followed by Eicher Motors with an $11.5 billion Mcap. Hero MotoCorp ranks fifth with a market valuation close to $8 billion. Additionally, TVS Motors has gained dominant position in EV scooters, and has managed to gain market share in every segment over the last few years. TVS makes the 310cc BMW engines and motorcycles sold in India. TVS also owns the Norton brand. US-based Harley-Davidson ranked seventh with an Mcap of $4.3 billion, three Chinese manufacturers are featured among the top ten two-wheeler makers in the world. * * * * * * * * Stay on top of the two-wheeled world, subscribe to Bikernet.com free weekly newsletter

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Top 10 Exclusive Bike Makers

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Come see the best of the best exclusive, expensive, custom bike makers in the world! by Jean-Luc Maire from https://www.topspeed.com/ The idea of a motorcycle is a customization of the previous generation’s pedal bikes, allowing riders to have the latest innovations on their chosen platform. Custom bike makers and modders have allowed riders to customize the bike to their liking. These are the most popular options for custom motorcycles on the market today. NYC Norton This body shop specializes in the hipster trend, like the Norton Commando Cafe Racer. Each bike is built to order, including engine work, reliability modifications, and high-performance tuning. Deus Ex Machina Deus Ex Machina Customs approaches the custom bike owner differently, focusing mainly on gearheads and hobbyists interested in mirroring their custom designs. Diamond Atelier As you can see on the shop’s landing page, Diamond Atelier Motorcycles exudes quality and refined style; These designs are reminiscent of James Bond in their style and taste for high-dollar add-ons. LC Fabrications Long gone are the days of custom metal fabrication courses in the local high school and blacksmiths in the auto shops of America. LC Fabrication fights against this grain in its business model. With modern CNC operating procedures, classic metal fabrication, and their specialty in steelworking, the company forms hair-brained designs according to the designer’s imagination. Down and Out Cafe Racers The cafe racer is a beautiful excuse to buy that broken-down CB750 sitting in your neighbor’s garage. Although most cafe racer builds end in a Sold As Is purchase and a sale at a loss, this shop seeks to revive the category and maintain its momentum in pop culture. Lowbrow Customs Why don’t we, as motorcyclists have the same options for customization as our other 2-wheeled friends, the bicyclists? Wouldn’t it be great to have

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Five Motorcycle Sales Trends Shaking the Vintage Market

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Prices for classic motorcycles are changing by James Hewitt from Hagerty.com There’s a Hagerty Motorcycle Price Guide that uses thousands of transactions to track values on 9751 motorcycles. Here are five trends that stood out to us in the most recent update, released in June. The smart take in the motorcycle community of late, much like for cars, is that a full-on, concours-level restoration rarely pays — at least financially speaking. Click Here to Read the full Feature Article. See Photos of the Motorcycle Brands & Models. STAY UPDATED With All Motorcycling & Industry Events, News, Updates, Products, Reviews and More. Simply Click & Subscribe to Bikernet’s FREE Weekly Newsletter.

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Harley’s electric motorcycle division to go public via $1.7 billion SPAC deal

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from https://www.cnbc.com/ Key Points : Harley-Davidson’s electric-motorcycle division will go public through a merger with a blank-check firm in a deal valued at $1.77 billion, the company said on Monday. The company launched LiveWire earlier this year, hoping to claw back lost market share as its core baby boomer customer base grows older and interest in motorcycling as a recreational activity fades. Harley-Davidson will retain a 74% stake in the company, which is expected to list on the New York Stock Exchange under the symbol “LVW.” Harley-Davidson’s electric-motorcycle division will go public through a merger with a blank-check firm in a deal valued at $1.77 billion, the company said on Monday, as the 118-year old brand bets on younger customers to boost volumes. The company launched LiveWire earlier this year, hoping to claw back lost market share as its core baby boomer customer base grows older and interest in motorcycling as a recreational activity fades. A broader awareness about climate change is also paving the way for automakers to lean towards greener vehicles. Valuations have gained as money managers are also increasingly factoring in ESG policies in their investments. Harley is the latest to cash in on an uptick in valuations of electric-vehicle makers. Last month, Amazon-backed EV maker Rivian shot past $100 billion in valuation in its market debut, surpassing Ford and General Motors. “If anything this underlines what we’ve been saying for a long time. Detroit, wake up! The train has left the station! EVs are inevitable,” Roth Capital analyst Craig Irwin said. “Many traditional OEMs (Original equipment manufacturers) with emerging EV businesses can obviously do similar spinoff transactions,” Irwin added. Harley’s shares rose 11.3% in premarket trading, while those of AEA-Bridges were up 3.4%. Jochen Zeitz, Harley’s chief executive, will be the chairman of LiveWire for up

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Lon Nordbye Joins Electrify Expo

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Lon Nordbye Joins Electrify Expo as Business Development and Sponsorship Executive (Sioux Falls, SD December 9, 2021) Lon Nordbye has joined Electrify Expo, North America’s largest Electric Vehicle Festival to lead Business Development and Sponsorship efforts. A recent recipient of ‘Expo of The Year’ honors at the 2021 IMPACT Conference, Electrify Expo is focused on scaling the experiential platform, and this appointment highlights the commitment to achieve that. Nordbye brings two decades of leadership experience in business development and integrated marketing to the Electrify Expo executive team. Lon Nordbye most recently served as VP of Strategy & Commercial Development at the Sturgis Buffalo Chip where he played a significant role in developing some of the rally’s most successful promotions, events, and brand partnerships. “Our team is excited for Lon to join the company and know he will make immediate contributions that will benefit our partners and fans,” said BJ Birtwell, Founder and Executive Producer of Electrify Expo. In his new role with Electrify Expo, Nordbye will lead development of Electrify’s e-motorcycle, e-bike, e-scooter, e-skate, and e-surf lifestyle categories. He will also oversee larger scale activations with national, non-endemic brands looking to reach the e-mobility consumer. “BJ, Jeff and their dynamic team have not only pioneered how consumers engage and interact with e-mobility, they’re pushing the industry, culture and lifestyle of electric mobility forward,” said Nordbye. “I couldn’t be more excited to join an enterprising team and get immersed into the day-to-day work to achieve the high expectations we have for Electrify as well as ourselves.” Electrify Expo is a weekend festival that takes place multiple times per year featuring the world’s leading brands in e-mobility. Consumers get the opportunity to demo and drive the best electric vehicles the industry has to offer as well as engage with interactive brand displays, enjoy live music and

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Political Agendas on Electrical Vehicles Charge Up Emotions

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by Colby Martin from SEMA Action Network (SAN) at https://www.semasan.com GROUNDING THE “EV” BUZZ Political Agendas Surrounding Automobiles Charge Up Strong Emotions The impending arrival of electric cars and trucks has caused quite a stir. Sure, everyone shares the well-intentioned notion of a healthier environment. But constant announcements about the potential phasing out of new gas-powered vehicles have enthusiasts worried about the future of the hobby. Thanks in part to a 24-hour news-cycle, the automotive-minded are forced to ponder this great unknown with greater frequency. With the topic weighing heavier on many minds, the question arises: what’s to become of the tailpipe—and when? Clearly there are crossed wires needing to be untangled. Acronym Soup First, we must understand the common lingo used in automotive discussions. The gasoline-sipping internal combustion engine (ICE) has long been the motivator of choice. However, the low- and zero-emissions vehicles (ZEVs) categories have emerged and made significant improvements in recent years. There are several different models of these cars and trucks such as electric vehicles (EVs), plug-in hybrids, and those running on hydrogen fuel-cells. With such competition, it may seem like traditional rides could have a tougher existence in a yet-uncertain future of alternative powerplants. Government Directives The latest update in the automotive world came from the nation’s top office: the Biden Administration. President Joe Biden signed the “Executive Order on Strengthening American Leadership in Clean Cars and Trucks” in August. In short, the measure calls for 50% of all sales of new cars and light trucks in the US be ZEV by the year 2030. “It is the policy of my Administration to advance these objectives in order to improve our economy and public health, boost energy security, secure consumer savings, advance environmental justice, and address the climate crisis,” said President Biden. Biden’s action was

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In 1917 Henderson Motorcycle breaks Indian Twin Motorcycle record

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The Henderson Motorcycle travelled from Los Angeles to New York City. The Henderson suffered just one flat tire, went through three sets of Champion spark plugs and used three Duckworth chains. On August 26, in 1917, Alan Bedell left Los Angeles, California on his Henderson motorcycle arriving in New York City (3,296 miles) in seven days, sixteen hours and fifteen minutes later, breaking the record set by “Cannonball” Baker on an Indian Twin. Click Here to Read this Article on Bikernet.com Join the Cantina for more in the Antiques, Motorcycle History & Digital Discovery Section – Subscribe Today. https://www.bikernet.com/pages/custom/subscription.aspx

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Ducati Multistrada V4 Outshines Competition at Alpen-Masters Contest

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by Benny Kirk from https://www.autoevolution.com Engineers and designers from Ducati must be riding high lately as their Multistrada V4 S took an overall victory in its class at the Alpen Masters competition, winning over a slew of competition from different manufacturers. For those unfamiliar with Alpen Masters, it is an annual competition sanctioned by Motorrad, a German motoring magazine. In this comparison motorbikes for a wide range of segments gather to be put through a rigorous and demanding series of tests to determine which bike is the best manufactured that year. This year’s test came from the Grossglockner Pass, one of the most famous alpine passes in the world, especially for motorcycles. These tests range from the mundane, like basic acceleration, braking, and handling tests, but also a couple of challenges meant to see what the bikes tested can do under adverse conditions. The Multistrada V4’s clever new 1,158 cc (1.1 liter) V4 engine performed admirably throughout the battery of tests presented. The engine was lauded for its smooth power delivery and efficient operation under adverse load conditions. As was the in-house developed six-speed quick shift gearbox. The engine elasticity test, for example, monitors a bike’s acceleration from 25kph (15.5 miles per hour) to 75 kph (46 miles per hour) going up a steep incline with a passenger on board. Against strong competition from brands like BMW, Kawasaki, KTM, and even another bike from Ducati, the Monster. The Multistrada V4 performed better than all other competitions and placing first overall. It marked the first time such a competition was won by a manufacturer based outside of Germany or Austria. Ducati announced in May of this year that the Multistrada V4 family has already sold 5,000 units worldwide. If it continues to win high-profile comparisons like the Alpen Masters, that publicity

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Storied Jaguar grew from motorcycle sidecars

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by Bill Vance from https://www.timescolonist.com The Jaguar company grew from humble roots planted in 1922. It began when two young motorcycle enthusiasts named William Walmsley and William Lyons formed the Swallow Sidecar Co. to produce stylish aluminum-clad, zeppelin-shaped motorcycle sidecars in a small shop in Blackpool, England. The Swallow sidecar became a popular product and in a few years as their skills grew they progressed to producing stylish open and closed bodies for cars like tiny Austin Sevens, and later for Standards, Swifts, Morrises and Wolseleys. They relocated to Coventry in 1928 and renamed their enterprise Swallow Coachbuilding Co. to reflect its venture into manufacturing cars. It would become S.S. Cars Ltd in 1934, and after the Second World War became Jaguar Cars Ltd. When Swallow Coachbuilding Co. started building its own SS badged cars it used Standard Motor Co. chassis and engines. They were rakish machines emphasizing imaginative styling and low-slung lines. The first SS I introduced in 1931 based on the Standard 16 was a signal that S.S. Cars was on its way as an automobile manufacturer. The SS 1 had Standard’s 2-litre, side-valve six, the beginning of the company’s preference for six cylinder engines. The SS I had dramatic styling with a long louvered hood, front cycle fenders, Rudge-Whitworth centre-lock wire wheels, rear-mounted continental spare tire and no running boards. It was what we would now call a two-plus-two, accommodating two adults in front and two children or small passengers in the rear. Its low profile 1,422 mm (56 in.) height was achieved by lowering the chassis and mounting the springs outside the frame rails. The engine was moved back in the chassis and the wheelbase was a little longer than the Standard model. A smaller SS II was built with a four cylinder engine. The SS

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Tesla among companies sued for complicity over child labor in Congo

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by Matthew Lavietes from https://www.autonews.com NEW YORK — Five of the world’s largest tech companies, including electric vehicle maker Tesla Inc., have been accused of being complicit in the death of children in the Democratic Republic of Congo forced to mine cobalt, a metal used to make telephones and computers, in a landmark lawsuit. The legal complaint on behalf of 14 families from Congo was filed on Sunday by International Rights Advocates, a U.S.-based human rights non-profit, against Tesla, Apple Inc., Google parent Alphabet Inc., Microsoft Corp. and Dell Technologies Inc.. The companies were part of a system of forced labor that the families claimed led to the death and serious injury of their children, it said. It marked the first time the tech industry jointly has faced legal action over the source of its cobalt. Images in the court documents, filed in U.S. District Court in Washington, showed children with disfigured or missing limbs. Six of the 14 children in the case were killed in tunnel collapses, and the others suffered life-altering injuries, including paralysis, it said. “These companies — the richest companies in the world, these fancy gadget-making companies — have allowed children to be maimed and killed to get their cheap cobalt,” Terrence Collingsworth, an attorney representing the families, told the Thomson Reuters Foundation. Cobalt is essential in making rechargeable lithium batteries used in millions of products sold by the tech industry. More than half of the world’s cobalt is produced in Congo. Global demand for the metal is expected to increase at 7 percent to 13 percent annually over the next decade, according to a 2018 study by the European Commission. The lawsuit said the children, some as young as 6 years old, were forced by their families’ extreme poverty to leave school and work in

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