Harley-Davidson LiveWire

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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Ducati to Make Electric Motorcycle for MotoE World Cup

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by Daniel Patrascu from https://www.autoevolution.com Ducati to Make Electric Motorcycle for MotoE World Cup, Road Machines to Follow. To date, despite the advances electric mobility is making in the world of motorcycles, there is only one major bike maker that has embraced electric drivetrains: Harley-Davidson, with its LiveWire. But soon, there will be more, and Ducati seems to be keen on becoming the next one. The Italian company announced this week it is officially entering the electric motorcycle segment, but it will not be doing so with a bike that can be sold to the general public. Instead, the Borgo Panigale manufacturer will become the sole official supplier of motorcycles for the electric class of the MotoGP World Championship, the FIM Enel MotoE World Cup. The deal between Ducati and the organizers of the competition, Dorna Sports, will come into effect in 2023 and will run through 2026. That means we’ll probably have to wait some more before we get to see official details and images of the electric bike, but Ducati tried to give us a glimpse of that by releasing a teaser rendering of the two-wheeler (main pic of this piece). What’s more important is that Ducati promises the MotoE bike will influence “the evolution of the product range,” hinting the electric drive is something now under consideration for the general public. “The goal is to study how to produce, as soon as the technology allows, a Ducati electric vehicle that is sporty, light, thrilling and able to satisfy all enthusiasts,” the Italians promised. MotoE came into existence in 2019 and is presently using Energica Ego Corsa motorcycles. Sadly, the series became famous not for the achievements of these electric machines, but on account of a fire back in 2019 that destroyed all the motorcycles before racing could

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Zero FXE launched: Review and Details

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by Andrew Cherney from https://www.cycleworld.com The brand’s sleekest and most fun ebike yet. The lightweight, agile FXE is a new addition to Zero’s 2022 lineup. In a segment full of either high-priced, tech-heavy options or cheap flimsy junk, the FXE is a step in the right direction, especially for commuters not too concerned with range. It’s also a ton of fun. The design adds a minimal, supermoto style onto the existing FX platform for a more modern, updated feel. Steel frame holds the tried-and-true ZF 75-5 air-cooled motor in the FXE, rated at 46 hp. The 7.2kWh battery is not removable. Certain design elements like the front headlight design (an LED) and “beak” got carried over directly from the Huge Design concept bike. The bike’s light weight and short wheelbase make it easy to work turns, with good lean angle and sticky Pirelli tires aiding in your attack. You can drag the kickstand if you’re super aggressive though. The relaxed, commuter-friendly riding position is even more upright than the SR/F’s but it makes for a comfy perch (except at higher speeds). You’ll find the Cypher II operating system on the FXE displayed on a new 5-inch TFT screen, giving various ride modes and bike data. Pair your phone with the app to tailor them and get more detailed info. Stylish cast wheels hold grippy Pirelli Diablo Rosso II tires, which upped our confidence in deeper high-speed turns. The rear Showa monoshock delivers nearly 8 inches of travel for an impressively stable ride. Inverted Showa fork is adjustable. J.Juan brakes offer excellent feel and good stopping power, and ABS can be turned off. 2022 Zero FXE Specifications MSRP: $11,795 Motor: ZF 75-5 air-cooled IPM motor Battery: 7.2kWh (max capacity) lithium-ion integrated battery Charger type: 650W integrated Charge time: 9.7 hours to

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