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Celebrating 120 years of the most desired motorcycle brand

By General Posts

by Wayfarer

Click Here to Read this Photo Feature Article only on Bikernet.com

The Milwaukee Motor Company, with fans around the globe, turns 120 years old. There has been quite a few announcements regarding the homecoming as well as a public park on land they own. Most awaited however, was their announcement for model year 2023.

Fans and dealerships waiting patiently for the model release would surely be impressed if not dancing in the streets. Some limited edition collectibles are of course for ‘collectors’, but there is plenty for us common two-wheel monkeys to run with.

Breakout makes a comeback and Road Glide is now available as a Trike too. There is a Nightster Special and a re-imagined Freewheeler.

Of course, these can’t be all that’s offered. What’s happening with the ADV Pan America and the Electric LiveWire? So much more awaited by one and all, especially after the boss announced that H-D will be all-electric in the near future. One can also expect lot of activities at the H-D Museum and there will surely be ‘limited-edition’ apparel, tee-shirt tie-ins and new jackets and boots….

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Wyoming Republicans Propose Ban on Electric Car Sales

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from https://www.newsmax.com

A group of Republican state legislators in Wyoming have proposed a ban on electric vehicles in the state until 2035 in an attempt to protect the oil and gas industries.

A group of Republican state legislators in Wyoming have proposed a ban on electric vehicles in the state until 2035 in an attempt to protect the oil and gas industries.

The bill, which was introduced on Friday, states: “The proliferation of electric vehicles at the expense of gas-powered vehicles will have deleterious impacts on Wyoming’s communities and will be detrimental to Wyoming’s economy and the ability for the country to efficiently engage in commerce.”

Wyoming state Sen. Jim Anderson, a Republican and one of the bill’s sponsors, told The Cowboy State Daily that the legislation came after several states moved to ban the sale of gas combustion cars, and noted that if the measure passes, “The Legislature would be saying, ‘If you don’t like our petroleum cars, well, we don’t like your electric cars.’ ”

Co-sponsor Sen. Brian Boner said that the resolution would be a symbolic measure, but that it would still be meaningful.

“One might even say tongue-in-cheek, but obviously it’s a very serious issue that deserves some public discussion,” Boner said.

“I’m interested in making sure that the solutions that some folks want to the so-called climate crisis are actually practical in real life,” he added. “I just don’t appreciate when other states try to force technology that isn’t ready.”

 

Eicher Motors Ltd announces strategic investment in Stark Future SL

By General Posts

Parent Company of Royal Enfield, Eicher Motors Ltd, Announces Strategic Investment In Stark Future SL

The Board of Eicher Motors Ltd. (EML) has approved an equity investment of 50 million euros, and plans for collaboration with the electric motorcycle manufacturer.

Milwaukee, WI (Friday, December 29, 2022) – Eicher Motors Ltd., leading Indian multinational automobile company, and parent company of Royal Enfield, global leader in the middleweight motorcycles segment (250cc-750cc), today announced a strategic collaboration in the space of electric motorcycles with Spain-based Stark Future SL. As part of this collaboration, the Board of Directors of Eicher Motors Ltd. has today approved an investment of € 50 million for a close to 10.35% equity stake in Stark Future. With this investment, Eicher Motors Ltd., will have a seat on Stark Future’s Board, and will explore further opportunities to collaborate in the space of electric mobility.

This investment has strategic significance for both Royal Enfield and for Stark Future, as both companies are keenly invested in creating innovative and sustainable solutions in global mobility. Stark Future recently launched its first high-performance electric motocross bike, the Stark VARG, which received an exceptional response from global media, professional riders and dealers.

Speaking about Stark Future and this partnership, Eicher Motors Ltd Managing Director, Siddhartha Lal says, “We love the vision, passion and focus of the amazing team at Stark Future. Leisure motorcycles do not easily lend themselves to EV technology at this stage, due to challenges like the battery range, packaging, weight and cost. This has resulted in stunted growth of this segment till now. Stark Future has been able to understand and harness the potential of EV technology by dramatically outperforming ICE offerings, without compromising on range, weight, packaging and cost. They have created an absolutely astounding motocross motorcycle – the Stark VARG as their entry into the EV world. We believe that Stark Future has the highest potential for real breakout growth in the EV leisure space with this model, and the potential to use this strong base to extend into other contiguous segments and beyond.”

At the helm of affairs at Royal Enfield, B Govindarajan, CEO of the company, feels this is a perfectly symbiotic partnership, and says, “We are very excited to closely collaborate with Stark Future who are as focused as we are on challenging norms, pushing the boundaries and building uniquely differentiated offerings for riders. In addition to the sheer potential of Stark Future, we see immense synergies in this partnership. While they are scaling up and planning their market entry soon, we will support Stark in the industrialization process. While they are thought leaders in EV technology, particularly in lightweight components and innovative solutions, we at Royal Enfield will draw on these capabilities for developing our EV platforms and will also plan to share some EV platforms in the future.”

Also speaking about this partnership, Stark Future Founder and CEO, Anton Wass says, “We aimed to challenge and inspire the motorcycle industry with the creation of the Stark VARG and by bringing our electric technology from the drawing board to reality. To now partner with one of the very first motorcycle brands in history and be part of their journey towards sustainability is a huge inspiration for us at Stark. We have now worked closely with Sid, Govind and team for a few months, and have been deeply impressed by what they have created in the past 25 years, as well as the mindset and focus to continue to build and develop Royal Enfield into the future of sustainable motorcycling. With the Stark VARG we believe we have a launch model that will reset benchmarks, so to know that the bike’s technical basis will spread much further and filter into more machinery and products is another source of pride for us. It has been a short, intense and incredible journey for us so far but our link with Royal Enfield and what lies in store in the coming years are brilliant signs for the future.”

Stark Future is a European electric motorcycle manufacturer with specific focus in the area of performance electric motorcycles. With a vision to inspire the motorcycle industry towards sustainable mobility, Stark Future endeavors to build sustainable products that are superior to traditional technology in performance, emotion and design. Stark Future has deep understanding in the EV space and connected technology, with several patents on its newly developed Stark VARG.

Royal Enfield has made huge strides on its EV journey over the last few years. The company’s R&D programs have included a major focus on sustainable mobility technologies, and there are several ideas in advanced stages of testing. The company has been aggressively building a sharp and insightful understanding of the EV space with an intention to create uniquely differentiated electric motorcycles with strong Royal Enfield DNA, in the middleweight segment. Royal Enfield has been building several thoughts and approaches towards design and development and also towards bringing in the right talent and resources.

About Stark Future: Stark Future is a multinational company, established in 2020 with Swedish roots, located on the fringes of Barcelona. Making the most of Catalunya’s reputation as the European capital of motorcycling, Stark Future was able to construct a dedicated, passionate, and knowledgeable team from the elite of both the motorcycle and power electronics industries, in order to build the first electric motorcycle to be the performance leader within its category, Motocross.

About Royal Enfield: The oldest motorcycle company in continuous production in the world, Royal Enfield made its first motorcycle in 1901. A division of Eicher Motors Limited, Royal Enfield has created the midsize motorcycle segment in India with its unique and distinctive modern classic motorcycles. With its manufacturing base in Chennai, India, Royal Enfield has been able to grow its production rapidly against a surge in demand for its motorcycles.

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NCOM Biker Newsbytes for December 2022

By General Posts

Compiled & Edited by Bill Bish

Industry & Legislative Motorcycle News from USA and the world

Click Here to read this month’s NCOM news coverage on Bikernet.com

This month’s NCOM news covers topics as varied as:

  • Congress requires NHTSA to force Automakers to monitor drivers
  • Best and Worst Drivers in the USA presented State-wise
  • Unvaccinated at higher risk of Traffic Accidents claims Canadian researchers studying encrypted government records
  • The Road to Decarbonization
  • European Motorcycle group calls to make Motorcycling affordable
  • First Honda ‘Electric Motorcycle’ on Parade
  • Yamaha goes green with Plant-based materials for future bike designs
  • Romanian motorcyclists obligated to carry fire extinguishers

THE AIM / NCOM MOTORCYCLE E-NEWS SERVICE is brought to you by Aid to Injured Motorcyclists (A.I.M.) and the National Coalition of Motorcyclists (NCOM), and is sponsored by the Law Offices of Richard M. Lester.

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NHTSA: Your Action Matters!

By General Posts

This week, thousands of American bikers contacted their elected officials to express concern about recent crashes involving motorcycles and cars believed to be in self-driving mode. Specifically, three crashes this summer, which occurred in California, Florida and Utah have been a major topic of conversation for the nearly 10 million motorcyclists in this country.

In response to outreach by constituents, Representative Tim Walberg of Michigan and 26 other members of Congress sent a bipartisan letter to the National Highway Traffic Safety Administration (NHTSA) seeking answers. The letter, delivered to Acting Administrator Ann Carlson, asked five basic questions regarding self-driving technology and motorcycles.

It is the hope of the Motorcycle Riders Foundation (MRF), our members and partners that answers to questions like, “Should motorcyclists take extra precautions when sharing the road with vehicles with self-driving technology?” will shed light on the capabilities of this new technology.

American motorcyclists owe the following 27 Representatives, from 16 different states, our thanks. Their desire to seek answers and protect all roadway users makes all of us safer. Thank you for your leadership on this issue!

Rep. Troy Balderson – Ohio
Rep. Jack Bergman – Michigan
Rep. Mike Bost – Illinois
Rep. Cheri Busto – Illinois
Rep. Angie Craig – Minnesota
Rep. Rodney Davis – Illinois
Rep. Val Demings – Florida
Rep. Scott Fitzgerald – Wisconsin
Rep. Lois Frankel – Florida
Rep. Paul Gosar – Arizona
Rep Glenn Grothman – Wisconsin
Rep. Andy Harris – Maryland
Rep. Clay Higgins – Louisiana
Rep. Dusty Johnson – South Dakota
Rep. Ron Kind – Wisconsin
Rep. Ann Kuster – New Hampshire
Rep. Darin LaHood – Illinois
Rep. Doug Lamborn – Colorado
Rep. Brian Mast – Florida
Rep. Lisa McClain – Michigan
Rep. Mark Pocan – Wisconsin
Rep. Bill Posey – Florida
Rep. Pete Stauber – Minnesota
Rep. Glenn Thompson – Pennsylvania
Rep. Dina Titus – Nevada
Rep Tim Walberg – Michigan
Rep. Robert Wittman – Virginia

About Motorcycle Riders Foundation: The Motorcycle Riders Foundation (MRF) provides leadership at the federal level for states’ motorcyclists’ rights organizations as well as motorcycle clubs and individual riders.

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Honda Reveals First Look of Electric Motorcycle

By General Posts

Honda EV Motorcycle Comes Out…. Revealed On Rose Parade Float

by Dennis Chung from https://www.motorcycle.com

It’s been a couple of months since Honda outlined its electric motorcycle plans, which included a mix of mopeds, scooters and three large-sized “Fun EVs” destined for North America by 2024 and 2025. The initial announcement included a teaser image of two motorcycles and a scooter.

Today, Honda released another glimpse of a future electric motorcycle in, of all places, a rendering of its float for the 2023 Rose Parade.

As the presenting sponsor for the 13th time, Honda will once more be the lead float in the Rose Parade. This year’s float, called “Forever Determined,” is part of an ongoing brand marketing campaign promoting the company’s initiatives including its plans for electrification. Honda says it’s pursuing a goal for carbon neutrality by 2050, and having North American vehicle sales be 100% electric by 2040.

The float shows several Honda vehicles, including the all-electric Prologue SUV, the Acura ARX-06 hybrid race car, a Hondajet Elite II plane, and a prototype Honda eVTOL (electric vertical take-off and landing aircraft). Also nestled in there is what is simply described as “a Honda electric motorcycle”.

The rendering shows a naked motorcycle that looks looks very similar to the Honda CB500F, but with a large module that presumably houses the batteries and electric motor in place of the engine.

It’s difficult to draw too many conclusions from a portion of a sketch of a parade float, but it is worth noting that every other element of the float besides the motorcycle is a product that actually exists in a further stage of development. The HondaJet Elite II was revealed in October, the Prologue is expected to enter production in 2024, and the ARX-06 will be competing in the 2023 IMSA WeatherTech SportsCar Championship. The eVTOL is still at the concept stage, but Honda has at least revealed some information about it.

The electric motorcycle remains a complete mystery, with Honda not even giving it a name in its press release (presented in full below). That gives us two possible theories. Either the electric motorcycle is so early in development that it’s just a mock-up with no relationship to an actual product, or “a Honda electric motorcycle” is all American Honda is willing to say about the project at this stage.

Given Honda’s stated goal of releasing a “fun EV” motorcycle by 2024, the latter seems more likely. With the parade taking place on Jan. 2, it’s possible Honda will provide more information on its first electric motorcycle before the end of the year.

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HONDA PRESS RELEASE BELOW :

Honda Determination to Advance Future of Mobility Set to Shine at 2023 Rose Parade

  • Honda brings ‘Forever Determined’ brand campaign to life as inspirational float for 134th Rose Parade®
  • From the road to the racetrack to the skies, Honda’s float will feature a range of mobility products, as Honda prepares for an electrified future
  • Honda float will serve as the stage for ‘Rose Parade Opening Spectacular’ for the first time, featuring musical performance by multi-platinum artists, Fitz and The Tantrums
  • All-new 2023 Honda CR-V hybrid and 2023 Pilot TrailSport SUVs are official vehicles

Honda will bring its latest brand marketing campaign to life aboard an inspirational float that will lead the 134th Rose Parade on January 2, 2023. Honda’s “Forever Determined” Rose Parade float showcases Honda’s commitment to making people’s lives better by constantly advancing mobility through innovative technology and sheer determination. Honda’s “Forever Determined” float marks the 13th time that Honda has led all floats as Presenting Sponsor of the Rose Parade.

Honda will kick off the 2023 Rose Parade with its float serving as the stage for the “Opening Spectacular” for the first time. Honda is proud to announce that the Rose Parade “Opening Spectacular” will feature a musical performance by multi-platinum artists, Fitz and The Tantrums, performing their latest high-energy, infectious new single, “Let Yourself Free.” Honda and Fitz and The Tantrums will be joined by youth singers and the Rose Parade Youth Dance Group, a collection of talented youth dancers, who will help to redefine the term “dance floor-ready bounce” during their “Opening Spectacular” performance.

The “Forever Determined” Rose Parade float highlights new initiatives that Honda is taking on – from the road to the racetrack to the skies – as Honda prepares for an all-electric future. Honda is pursuing the global goal of carbon neutrality for all products and corporate activities by 2050, including a vision for 100% electrified vehicle sales in North America by 2040.

“Our determination to advance the future of mobility is embodied in the Honda products on our parade float and in the 2023 Rose Parade theme of ‘Turning the Corner,’” said Jessika Laudermilk, Assistant Vice President of Marketing for American Honda. “Honda continues to embark on new initiatives utilizing our core technologies that will help people make their own lives better, today and tomorrow, and we’re proud to showcase that in this year’s Rose Parade.”

“Forever Determined” 2023 Rose Parade Float Brings Honda Mobility Products to Life
The groundbreaking Honda products featured on the “Forever Determined” float showcase innovative technology, driven by the ideas and sheer determination of Honda engineers. Represented on the base of the float is the Prologue, Honda’s first all-electric SUV, arriving in 2024, as well as the electrified Acura ARX-06 race machine that will soon compete in the 2023 IMSA WeatherTech SportsCar Championship, and a Honda electric motorcycle. Flying high above are the HondaJet Elite II, the fastest, farthest and highest-flying aircraft in its class, and a product of the future, the Honda eVTOL (electric vertical take-off and landing aircraft) which will fly on a new layer of the sky that is much closer to the ground than the existing layer used by airplanes and is a key part of Honda’s future “mobility ecosystem.” Honda’s 2023 Rose Parade float is powered by a specially configured 3.5L V6 engine from Honda.

Official Honda Rose Parade Vehicles
The Pace Car of the 2023 Rose Parade is the all-new hybrid-electric 2023 Honda CR-V hybrid, the most powerful and fuel efficient CR-V ever. Perfect for daily life or weekend escapes, CR-V is America’s outright best-selling SUV of the past 25 years and the all-new 2023 CR-V hybrid backs up its rugged new looks with a more fun-to-drive personality, excellent fuel economy ratings and increased capability. This all-new hybrid-electric 2023 Honda CR-V represents the latest step in Honda’s effort to reduce greenhouse gas emissions and progress toward the ultimate goal of achieving a carbon-free society. The all-new CR-V hybrid will be built at both Honda’s Indiana Auto Plant in Greensburg, Indiana and East Liberty Auto Plant in Ohio, continuing the 40-year legacy of Honda’s commitment to build products close to the customer*.

The all-new 2023 Honda Pilot TrailSport serves as the Sound Car for the 2023 Rose Parade. The most off-road capable SUV in Honda history, the all-new 2023 Honda Pilot TrailSport is the ultimate rugged family SUV with tough new styling, more passenger and cargo space and a class-leading combination of off-road capability and sporty on-road dynamics. Special rugged features on this all-new Pilot TrailSport include a raised off-road tuned suspension, all-terrain tires, steel skid plates and expanded all-wheel drive system capabilities. Designed in California and developed in Ohio, the all-new Honda Pilot is built exclusively at Honda’s Alabama Auto Plant in Lincoln, Alabama. Since 2006, Honda has produced more than 2 million Pilots in the U.S*.

Honda’s Long-standing Partnership with the Pasadena Tournament of Roses®
Honda and the Pasadena Tournament of Roses® have worked side-by-side for more than 60 years to contribute to a strong sense of community in Southern California and bring entertainment and tradition to people around the world. Honda became the Rose Parade’s first-ever presenting sponsor in 2011. As presenting sponsor for 13 years, the Honda float leads the Rose Parade and showcases the annual event theme.

Honda first collaborated with the Tournament of Roses to provide two-wheeled vehicles for the 1962 Parade. Honda has been a float participant since 1977 and has provided the official Tournament of Roses vehicle since 1994. Honda continues to supply two-wheeled and side-by-side (multi-utility) vehicles for Parade operations.

*Honda vehicles are built using domestic and globally sourced parts.

NCOM Biker Newsbytes for November 2022

By General Posts

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.

This Month’s Bytes -+- Click to read at Bikernet.com

  • AVID MOTORCYCLIST ELECTED AGAIN TO NEW HAMPSHIRE HOUSE
  • ARIZONA SENATOR CALLS FOR PASSAGE OF THE RPM ACT
  • U.S. LAWMAKERS PURSUE “RIGHT TO REPAIR” CONSUMER PROTECTIONS
  • HARLEY HIT WITH ANOTHER RIGHT-TO-REPAIR LAWSUIT
  • EUROPE MOVES TO BAN INTERNAL COMBUSTION ENGINES
  • INTERNATIONAL TREATY AGAINST FOSSIL FUELS FLOATED AT U.N. CLIMATE SUMMIT
  • WORLD’S BIGGEST BIKE SHOW BREAKS NEW RECORDS
  • SUZUKI-POWERED DRONE TAKES FLIGHT

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NCOM Biker Newsbytes for October 2022

By General Posts

Compiled & Edited by Bill Bish

In the news this month:

  • Arizona Lane Filtering Law
  • Attack on Noise in California
  • Federal Answer on Anti-Biker Profiling
  • Cost of charging e-bike as much as refueling an ICE engine bike
  • Linking Russian Attacks to Potholes in UK
  • Plant-based Asphalt from France
  • Now Watch Videos while you ‘Drive’ a Self-driving Car
  • Gamers to explore Poke-universe on Motorcycles

CLICK HERE To Read the Whole Article on Bikernet.com ….

THE AIM / NCOM MOTORCYCLE E-NEWS SERVICE is brought to you by Aid to Injured Motorcyclists (A.I.M.) and the National Coalition of Motorcyclists (NCOM), and is sponsored by the Law Offices of Richard M. Lester. If you’ve been involved in any kind of accident, call us at 1-(800) ON-A-BIKE or visit www.ON-A-BIKE.com.

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Kawasaki Electric Motorcycle Debuts At Intermot

By General Posts

Launch Expected In 2023
by Staya Singh from https://www.rushlane.com

Kawasaki is aiming for a smooth transition to EVs and doesn’t seem to be in a rush to make the switch

With its ICE-based motorcycles still going strong, Kawasaki has been rather slow in catching up with rivals in EV segment. The company has a long-term plan, wherein it aims to achieve a fully-electrified portfolio by 2035. It will include pure EVs as well as hybrid electric vehicles.

At INTERMOT 2022, Kawasaki has showcased a new EV prototype that appears to be of A1 specification (125 cc, 15 hp). It is the same model, as was showcased at Suzuka 8 Hours endurance racing event earlier this year in August. At the event, Kawasaki had also showcased a hybrid electric vehicle (HEV). Kawasaki electric two-wheelers could be launched in select markets such as US and Europe in 2023.

Kawasaki new EV prototype
Design and styling of Kawasaki EV prototype unveiled at Intermot 2022 is borrowed from Kawasaki’s Z range motorcycles. The EV prototype has a sinewy profile with aggressive front fascia, sculpted fuel tank, sharp body panels, exposed frame and split-seat design. It will be getting an all-LED setup. Riding stance seems fairly committed with low-set flat handlebar and slightly rear set foot pegs.

In terms of hardware, the EV prototype has standard telescopic forks at front and swingarm rear suspension. Alloy wheels have a trendy design and are shod with track-focused performance tyres. The bike has disc brakes at both ends. Sound note of this bike is close to the typical hum of an electric motor, as was revealed at Suzuka 8 Hours racing event.

While the EV prototype has a captivating profile, key details such as range, battery capacity, charging time, etc. are not available at this point of time. Kawasaki has done well to keep things tightly under wraps. Only the VIN information was revealed earlier, which showed that the prototype will generate 15 PS of max power. That should be good enough for some thrilling rides in an urban environment.

It is not certain if Kawasaki EV prototype will have a fixed or removable battery pack. The batteries are placed in the bike’s underbelly, encased by the frame from all sides. The battery pack should be accessible via the faux fuel tank lid.

Focus on ICE models
While it has started working on its electric and hybrid portfolio, Kawasaki has always maintained that its primary focus will be on ICE-based two-wheelers in the near future. That seems like a logical thing to do, as the company has global operations with a comprehensive range of ICE-based two-wheelers.

The capital investments involved, production platforms, human resource skilling, supply chain networks, etc. cannot be altered at short notice. Kawasaki’s 2035 target to achieve full electrification seems just right for enabling a smooth transition. The company has to ensure that its pure EVs and HEVs continue to offer the same level of performance and reliability, as associated with its current breed of ICE two-wheelers.

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LiveWire becomes the first EV motorcycle company to list on the NYSE

By General Posts

Harley-Davidson, LiveWire and AEA-Bridges Impact Corp Announce Closing of Business Combination

• LiveWire raises approximately $334m in gross proceeds
• LiveWire becomes the first EV motorcycle company to list on the NYSE
• Trading beings on September 27th under the new ticker “LVWR” on the New York Stock Exchange

MILWAUKEE, NEW YORK and LONDON (September 27, 2022)  —
Harley-Davidson, Inc. (“Harley-Davidson”) (NYSE: HOG), the world’s most desirable motorcycle company, and AEA-Bridges Impact Corp. (“ABIC”) (NYSE: IMPX), a special purpose acquisition company with a dedicated sustainability focus, sponsored by executives of AEA Investors and Bridges Fund Management, today announced the completion of their previously announced business combination under which LiveWire EV, LLC (the “Company”), Harley-Davidson’s electric motorcycle division, combined with ABIC, to create a new public company.

The business combination was officially approved at an extraordinary general meeting by ABIC stockholders on September 16, 2022. Upon completion of the business combination, the combined public company will operate as LiveWire Group, Inc. (“LiveWire”) and its common stock and warrants will begin trading on the New York Stock Exchange (“NYSE”) under the symbols “LVWR” and “LVWR WS,” respectively today, September 27, 2022.

Through this combination, LiveWire will become the first and only EV motorcycle company in the U.S. to list on the NYSE.

“This transaction represents a proud and exciting milestone for LiveWire towards its ambition to become the most desirable electric motorcycle brand in the world,” said Jochen Zeitz, Chairman, President and CEO of Harley-Davidson, and Chairman and CEO of LiveWire. “We believe LiveWire is well positioned to define the two-wheel EV market, and we’re excited about the future – in celebration of our listing today, we’re pleased to open reservations for the production version of the S2 Del Mar for the U.S. market.”

LiveWire will be ringing the opening bell at the NYSE today, to celebrate LiveWire’s public listing

Soulful by design, LiveWire is transforming the everyday into urban adventure and beyond. Building a future for riders differentiated by look, sound, and feel. LiveWire is leading the electrification of motorcycling by means of design, software and experience. Backed by 119-years of engineering and manufacturing heritage but with the agility of a start-up, LiveWire is well positioned to define the future of two-wheel EV.

About LiveWire
LiveWire is the future in the making for the pursuit of urban adventure and beyond. Drawing on its DNA as an agile disruptor from the lineage of Harley-Davidson and capitalizing on a decade of learnings in the EV sector, LiveWire’s ambition is to be the most desirable electric motorcycle brand in the world. With a dedicated focus on EV, LiveWire plans to develop the technology of the future and to invest in the capabilities needed to lead the transformation of motorcycling. LiveWire benefits from Harley-Davidson’s engineering expertise, manufacturing footprint, supply chain infrastructure, and global logistics capabilities. Innovating by design and attracting industry-leading talent, LiveWire is headquartered virtually, with initial hubs in Silicon Valley, CA (LiveWire Labs) and Milwaukee, WI. www.livewire.com

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About Harley-Davidson : Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services. Our vision: Building our legend and leading our industry through innovation, evolution and emotion. Our mission: More than building machines, we stand for the timeless pursuit of adventure. Freedom for the soul. Our ambition is to maintain our place as the most desirable motorcycle brand in the world. Since 1903, Harley-Davidson has defined motorcycle culture by delivering a motorcycle lifestyle with distinctive and customizable motorcycles, experiences, motorcycle accessories, riding gear and apparel. Harley-Davidson Financial Services provides financing, insurance and other programs to help get riders on the road. www.harley-davidson.com

Advisors : J.P. Morgan Securities LLC served as financial advisor to Harley-Davidson, and Latham & Watkins LLP acted as legal counsel to Harley-Davidson. Credit Suisse Securities (USA) LLC served as financial advisor and capital markets advisor to ABIC. Citigroup Global Markets Inc. served as capital markets advisor to ABIC. Kirkland & Ellis LLP acted as legal counsel to ABIC.

Forward-Looking Statements Legend
This communication may contain a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning LiveWire’s possible or assumed future results of operations, business strategies, debt levels, competitive position, industry environment, potential growth opportunities and the effects of regulation, including whether the business combination between the Company and ABIC (the “Business Combination”) will generate returns for shareholders. These forward-looking statements are based on Harley-Davidson’s or LiveWire’s management’s current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. When used in this communication, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements.

These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Harley-Davidson’s or LiveWire’s management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions and other important factors include, but are not limited to: (a) the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of LiveWire to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (b) costs related to the Business Combination; (c) changes in applicable laws or regulations, including legal or regulatory developments (including, without limitation, accounting considerations) which could result in the need for LiveWire to restate its historical financial statements and negatively impact the trading price of LiveWire’s securities; (d) the possibility that Harley-Davidson and LiveWire may be adversely affected by other economic, business, and/or competitive factors; (e) Harley-Davidson’s ability to execute its business plans and strategies, including The Hardwire; (f) LiveWire’s estimates of expenses and profitability and (g) other risks and uncertainties indicated from time to time in the final prospectus of LiveWire, including those under “Risk Factors” therein, and other documents filed or to be filed with the Securities and Exchange Commission by Harley-Davidson or LiveWire. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Harley-Davidson and LiveWire assume no obligation and, except as required by law, do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Neither Harley-Davidson nor LiveWire gives any assurance that LiveWire will achieve its expectations.

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