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Why shortages of a $1 chip sparked crisis in the global economy

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by Bloomberg from https://auto.economictimes.indiatimes.com The chip crunch was born out of an understandable miscalculation as the coronavirus pandemic hit last year. When Covid-19 began spreading from China to the rest of the world, many companies anticipated people would cut back as times got tough. To understand why the $450 billion semiconductor industry has lurched into […]

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Piaggio, KTM, Honda and Yamaha to set up swappable batteries consortium

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from https://auto.economictimes.indiatimes.com The consortium will define the standardised technical specifications of the swappable battery system for vehicles belonging to the L-category, mopeds, motorcycles, tricycles and quadricycles. Piaggio Group on Monday said it has signed a letter of intent with KTM AG, Honda Motor and Yamaha Motor to set up a Swappable Batteries Consortium for motorcycles

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E-bikes that look like motorcycles take another hit in Canada

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by Maryse Zeidler from https://www.cbc.ca Appellant’s lawyer says his client relied on Motorino XMr for affordable transportation The British Columbia Court of Appeal has upheld a B.C. Supreme Court ruling that e-bikes designed to look and function more like mopeds or scooters do not meet the province’s definition of a motor-assisted cycle and therefore require

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Millennials’ Favorite Motorcycle Probably Isn’t What You Think

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Misconceptions about Young Motorcycle Collectors Persist. What do statistical data say about interests of young buyers? Would a young person buy a classic or antique motorcycle? How does prices of collectible cars compare with collectible motorcycle prices? Read the data from the industry insider. Click Here to Read this Article on Bikernet. Join the Cantina

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Europe’s Electric Motorcycle Market Surges

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Press Release: IDTechEx from https://www.scoop.co.nz IDTechEx expects electric motorcycle sales in Europe to grow at least 50% year-on-year in 2020, building on the momentum of recent years. This is driven by continued policy support from governments alongside start-ups and incumbent OEMs entering the market with new model releases, finds the recent report from IDTechEx. Growth

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Harley Davidson’s plan to take iconic motorcycle brand into transportation’s future

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by Joe D’Allegro from https://www.cnbc.com Harley-Davidson unveiled a new 2021 lineup featuring several advances in engineering, electronics and styling, and its first rival to BMW and Honda “adventure” bikes. Hog motorcycle sales peaked 15 years ago and have dropped 40% since. But as it cuts costs, total number of models and geographies under a new

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Harley-Davidson shifts strategy, to focus on core markets

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from https://www.livemint.com The company’s shares climbed after the motorcycle maker’s new acting chief executive officer laid out plans to cut costs The stock had plunged 49% this year through Monday’s close Harley-Davidson Inc. shares climbed after the struggling motorcycle maker’s new acting chief executive officer laid out plans to cut costs and complexity and focus

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