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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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NCOM Biker Newsbytes for November 2021

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Legislative Motorcycle News from USA and the world Compiled & Edited by Bill Bish National Coalition of Motorcyclists (NCOM) News provides updates on motorcycle industry, market, legislation, rights of bikers, motorcyclists in USA, and motorcycle news from around the world. Read the latest on legislation, State laws, European motorcycle law changes and more. Click Here To Read the November NCOM News on Bikernet.com Join the Cantina for more – Subscribe Today! https://www.bikernet.com/pages/custom/subscription.aspx

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NCOM Legislative Motorcycle News for September 2021

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RPM Act re-introduced, NTSB Chief demands re-designed roads to stop speeding vehicles, Presidential Executive Order of 50% of All Vehicles Sold to be Emission-Free by 2030, NY Governor Bans Sale of Combustion Vehicles from 2035, Zero-Emissions Legislation, More than 38,000 deaths in road-accidents in 2020 is highest since 2007, Per-Mile Motorcycle Insurance in USA, FEMA Survey, Programs to Slow Speeding Vehicles, Robot-cop in Singapore. Click Here to Read the NCOM Biker Newsbytes for September 2021 on Bikernet.com Join the Cantina for more – Subscribe Today. https://www.bikernet.com/pages/custom/subscription.aspx ABOUT AIM / NCOM: The National Coalition of Motorcyclists (NCOM) is a nationwide motorcyclists rights organization serving over 2,000 NCOM Member Groups throughout the United States, with all services fully-funded through Aid to Injured Motorcyclist (AIM) Attorneys available in each state who donate a portion of their legal fees from motorcycle accidents back into the NCOM Network of Biker Services (www.ON-A-BIKE.com / 800-ON-A-BIKE).

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Harley-Davidson XL Sportster 1957 & the OHV Engine

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The XL commonly known as the Sportster. The original XL Sportster used a lot of parts from the previous K Model, but the real revelation was its new OHV engine. Harley-Davidson was aware of the interest of buyers in customizing. While the humble XL Sportster had made an impact of sorts upon its initial release in 1957, it was the continual evolution of this lighter-weight V-twin engine that cemented it as a staple in the Harley-Davidson range. It has truly helped instill the Harley-Davidson name in motorcycle history. Click Here to Read this Feature Article on Bikernet.com Join the Cantina for more – Subscribe Today. https://www.bikernet.com/pages/custom/subscription.aspx

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Michelin Motorcycle Tyre Virtual Exhibition available Online

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from https://www.thesundaily.my Explore Michelin motorcycle tyre virtual exhibition. Following the success of its debut earlier this year, the second edition of the Michelin Motorcycle Tyre Virtual Exhibition is now available online to visitors around the world under the tagline “The Journey Continues” – with a better interface, new interactive zones and Michelin’s latest motorcycle tyre innovations. This worldwide online event is live everyday round-the-clock, until the end of the year. Among the new additions to the exhibition are the integration of The Michelin Guide, to reinforce Michelin as the pioneer beyond tyres; the inclusion of the history of Michelin’s involvement in the FIM MotoE World Cup, which reflects Michelin’s passionate pursuits of motorsports that result in the development of new tyre solutions under its “All Sustainable” vision, while providing safer, cleaner, and high-performing mobility for everyone; and the introduction of newly-launched motorcycle tyres that incorporate Michelin’s latest technological advancements – namely, Michelin Anakee Street and Michelin Road Classic. Prichapakorn Dangrojana, Michelin two-wheel commercial director for Asia, says the virtual exhibition not only provides visitors with the latest insights into Michelin’s world of motorcycle tyre innovations, but also an opportunity to deeply experience other exciting journeys of Michelin in Asia and around the world. The virtual exhibition consists of six halls, each of which is designed to highlight different content – namely, The Michelin Guide providing all the necessary information for exciting culinary experiences; Launch Area showcasing the two newly launched products: Anakee Street, a great tyre for roads and trails and Road Classic, the tyre that offers modern technologies to make the most of today’s classic motorbike; Product Display providing detailed information on all Michelin motorcycle tyres; Technology & Performance detailing advanced technologies with a completely new design. Meanwhile, the MotoGP & Motorcycle Racing Strategy hall features a broad overview

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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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The Last Crocker Ever Built

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The Duesenberg of Motorcycles By Steve Klein with images from the Bob T. Collection The Crocker motorcycle has long been known as “The Holy Grail of Motorcycling” due to its rarity. It also carries the nomenclature, “The Duesenberg of Motorcycles,” due to its hand built high-quality, and finally “America’s Superbike,” due to its performance. Three titles suggesting strongly that no other machine has reached such a high pinnacle of acclaim. CLICK HERE To Read This Photo Feature Article Only On Bikernet.com Join the Cantina for more – Subscribe Today. https://www.bikernet.com/pages/custom/subscription.aspx

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Why Harley-Davidson Dealers Struggle

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Where Are We Headed? by Stealth with photos from Sam Burns I have been thinking about this for a good while now. I THOUGHT I was done with the Harley-Davidson dealer business, but every time I try to get out, I get pulled back in but probably not for long. I have seen this business in the ‘90s. It was wide open. People standing in line to buy bikes, but not today. Next time you are at a dealership check out how many new bikes you see. Click Here to Read this Report only on Bikernet.com Join the Cantina for more – Subscribe Today https://www.bikernet.com/pages/custom/subscription.aspx

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Royal Enfield presents Rupees 20 Million to State for Covid-19 relief works

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from https://auto.economictimes.indiatimes.com Approximately US $ 276,000 was presented to State of Tamil Nadu, India which is the home of Royal Enfield. Its commitment to extend support to the state government is being accompanied by other initiatives in the region, the company said. Chennai: Royal Enfield, part of Eicher Motors Ltd, has committed INR 20 million to the Tamil Nadu Disaster Relief Fund for the Covid-19 relief works in the State. The cheque for this was handed over to Chief Minister M K Stalin by Vinod K Dasari, CEO, Royal Enfield, at the Secretariat on Tuesday. “Tamil Nadu is the home of Royal Enfield motorcycles and we are committed to supporting the State in all its efforts to combat the devastating second wave of the pandemic. Our commitment to extend support to the state government today is being accompanied by a host of initiatives that Royal Enfield is undertaking in the region for the community. We continue to assess the situation closely and will extend further support to the relief and rehabilitation efforts in the long run,” Dasari said.

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