LiveWire

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

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, […]

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

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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Custom LiveWire One Motorcycles Debut at Autopia 2099 in Los Angeles

Reimagined Electric Motorcycles Launch the Future of Customization LOS ANGELES, CA (December 9, 2021) – The customization potential of the LiveWire One™ electric motorcycle was on full display on Saturday, Dec. 4 at Autopia 2099, a new and dedicated EV event held at Optimist Studios in Los Angeles designed to showcase electric cars, trucks, motorcycles, bicycles, and other mobility solutions. The event featured more than 80 vehicles, from home-built and conversion EVs to brand new cars and trucks, plus a display of what the event organizers called retrofuturism. Two custom motorcycle builders, SMCO and Earle Motors, presented the first fully customized LiveWire One motorcycles, both of which originated in Los Angeles, a city rapidly becoming LiveWire’s most successful market. “The custom bikes showcased at Autopia make a big statement on behalf of LiveWire,” said Ryan Morrissey, Chief Electric Vehicle Officer. “Personalization has always been an element of motorcycle culture, and this weekend SMCO and Earle Motors demonstrated the customization potential of LiveWire One. These custom bikes and components are early indicators of our intent to incorporate limited edition builds and accessories into the digital bike builder on LiveWire.com.” SMCO: LiveWire One Hooligan Racer Brothers Aaron and Shaun Guardado started racing as young teenagers, first in shifter karts and then in high performance import cars before they turned their attention to motorcycles. They founded SMCO in 2010 to sell branded T-shirts and started building custom competition motorcycles in their Long Beach, Calif., shop to back up the brand and feed their appetite for racing and performance. Now in their mid-30s, the brothers have built serious Harley-Davidson flat trackers and performance bikes for hooligan racing, and even converted a pair of Harley-Davidson® Street Rod® motorcycles into snow bikes for a winter hill climb at the ESPN X Games. “When we got our

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Ducati to Make Electric Motorcycle for MotoE World Cup

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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Harley-Davidson Reports Global Bike Sales Up 24 Percent In 2021 Q2

You can read the Company Announcement at their Official Website by Clicking Here. Second Quarter 2021 Highlights and Results, and Recent Announcements Delivered Q2 GAAP diluted EPS of $1.33, up $1.93 over Q2 2020 Q2 H-D, Inc. total revenue up 77 percent over Q2 2020 North America Q2 retail sales up 43% over Q2 2020 and up 5% over Q2 2019 Delivered strong Motorcycles and Related Products (Motorcycles) segment gross margin and operating margin driven by the Rewire product portfolio adjustments Delivered Financial Services segment Q2 2021 operating income growth of $90 million over Q2 2020 driven by a lower provision for credit losses Launched LiveWire as a standalone brand and introduced LiveWire ONE™ – the electric motorcycle built for the urban experience, with the power and range to take you beyond Revealed Sportster® S, the all-new Sportster motorcycle built on the Revolution Max platform Launched H-D1™ Marketplace today, the ultimate online destination for pre-owned Harley-Davidson motorcycles in North America Rolling in the right direction. by Janaki Jitchotvisut from https://www.rideapart.com On July 21, 2021, Harley-Davidson reported its 2021 Q2 results. The numbers are definitely moving in the right direction, especially when compared to the same time period in 2020. Worldwide Harley motorcycle sales are up 24 percent, due entirely to an impressive sales rebound in North America. North American sales are up 43 percent year-on-year in Q2, which is the only positive number when broken down by sales region. Europe, the Middle East, and Africa (commonly referred to among some OEMs as “EMEA”) are down by 7 percent for the same time period. Asia Pacific sales are down 13 percent, and Latin America sales are down 31 percent. Taking the entirety of the first six months of 2021 into consideration, worldwide Harley-Davidson bike sales are up 18 percent—which is still

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Zero FXE launched: Review and Details

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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Harley-Davidson’s Livewire One electric motorcycle debuts at $21,995

Up to 146 Miles on a Single Charge Customizable Riding Experience Connected Communication 105 HP 30″ Seat Height All-Electric DC Fast Charge Compatible Charging time is 0-100% charge in 11 hours using the included charging cord $19,799 *Price includes tax credit of $2,200 ADDITIONAL ACCESSORIES: Radius Carbon Fiber Kit $1,299.95* and Rizoma® Precision Billet Kit $1,299.95* CHECK FOR Federal Government Electric Vehicle Tax Credit by Clicking Here by Gary Gastelu from https://www.foxnews.com Reboot of H-D’s original electric motorcycle. Harley-Davidson’s rebooted electric motorcycle has been revealed. The LiveWire One is an updated version of the Harley-Davidson LiveWire that was introduced in 2019 and will be sold under the newly established LiveWire electric motorcycle brand. The LiveWire One has a claimed range of 146 miles per charge in urban driving and can be recharged to 100% in an hour at a public DC fast charging station. The starting price has been reduced from $29,799 to $21,999, which will make it more competitive against similar offerings from Zero Motorcycles. Twelve dedicated LiveWire showrooms located in California, Texas and New York are scheduled to be open this fall with additional locations to be added by the end of the year. International sales will begin in 2022 and the LiveWire brand will be expanded with additional models in the coming years. Harley-Davidson Launches LiveWire One Electric Motorcycle from https://www.rttnews.com Harley-Davidson (HOG) on Thursday launched its first electric motorcycle under LiveWire brand, LiveWire One, as the iconic motorcycle company re-attempts to make a mark in the electric motorcycle segment. LiveWire ONE is priced at $21,999 and available to order at LiveWire.com, in addition to select LiveWire dealers. The price could go below $20,000 for most customers after federal tax credit for electric motorcycles. The city range of the LiveWire One is listed as 146 miles, which

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BMW Motorrad to reveal a New “Pioneering Electric Vehicle” Next Week

by Daniel Patrascu from https://www.autoevolution.com For the better part of the last ten years, electricity seemed like the way forward for four-wheeled vehicles alone. Sure, countless motorcycle startups popped up over the years, each trying to break the mold, but each has so far failed. The first in the large group of established bike makers to go down the electrification path is Harley-Davidson. The Americans have the LiveWire on sale for some time now, but they also seem to struggle to make it stick. But maybe over in Europe, things will be a bit different. There, BMW’s Motorrad has been more or less secretly working for some time on an electric motorcycle that, at least on paper, should forever change the segment. Back in 2019, an amazing contraption called Vision DC Roadster was shown. In the place one would usually find a boxer engine, that thing packed a vertically mounted battery, complete with cooling ribs and integrated ventilators. Under the battery, shaped like a cylinder, resided the motor meant to spin the wheels. Now, the Vision DC was just a concept, but a bit later that same year, something else came into the spotlight. It was called E-Power Roadster, a Frankenstein machine that took the front end of an S1000R and tied it to the rear of an R1200RS. A lot of time has passed since, and it seems there is still no reveal in sight for electric motorcycles branded by BMW. But there are other things, possibly even as exciting, coming our way from Munich in lesser segments, namely the “urban single-track mobility“ one. That’s where the Germans say their unveiling from next week will be playing, a pioneering electric vehicle whose teaser image you can see as the main photo of this piece. No additional info was provided,

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J J Solari on CEO of Harley-Davidson

A fictional account of leadership and vision by the one and only J J Solari. Oh yes, we were talking about me and my vision for Harley-Davidson and whatever it is they do. While I am depicted here with my two-wheeled cycle of manly mayhem, you will notice I am not actually riding it. And the animals and the birds have come to me to ask ‘Good sir, canst thou not defile our sacred home with thine fumes?’ And to this I say ‘consider it done! I shall merely pose with this monster of manliness: I shall not actually start it up! The forest shall be safe!’ And speaking of not starting things up, this accoutrement to my portrait does not actually have an engine. It is a prototype of what I hope will become the future of Harley- Davidson: engine-free coasting cycles. Noise, smoke, gasoline, decimated rubber forests, asphalt, bugs in the face……these nightmares, under my leadership and guidance, shall be eliminated, to be replaced by happy animals safely crossing non existing roads, bluebirds chirping happily on the ends of our outstretched index fingers, green grass and pine trees reclaiming once again their rightful ownership of the planet. Click Here to Read this Fun Ride into a new sunset only on Bikernet. Join the Cantina for more – Subscribe Today. https://www.bikernet.com/pages/custom/subscription.aspx

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