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Electric scooter sharing firm VOI raises $30 million for European expansion

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VOI-Electric scooter sharing firm VOI raises $30 million for European expansion STOCKHOLM: Electric scooter sharing firm VOI Technology has raised $30 million in another fundraising round since being set up seven months ago for its European expansion and investment in research to fend off growing competition, it was reported on Monday. Uber Technologies Inc, Alphabet and several other high-profile investors are very interested in gambling on scooter-sharing leading to rapid rise in Europe thanks to large commuter populations and lower levels of car ownership compared to USA. Domestic startups such as Tier and Dott and U.S. rivals Bird and Lime raised thousands of dollars in 2018 to expand further into the crowded marketplace after having successfully put many scooters on European roads. VOI is backed by investors such as BlaBlaCar CEO Nicolas Brusson and venture fund Balderton Capital. Their belief they can beat rivals by building closer relationships with city authorities gives them an edge over competitors such as Uber. Unlike major rivals, “asking ‘permission’ before we enter new towns and cities means we can work with the authorities on the ground to offer more than just a viable alternative to cars,” CEO Fredrik Hjelm said. We could also “help people to combine their e-scooter journeys with the existing public transport network,” he added. People can locate nearby VOI scooters via an app or maps and then ride it by paying a 1 euro unlocking fee plus riding costs of 0.15 euro per minute. August launch has seen VOI build up over 400,000 riders, taking more than 750,000 rides, and it said it would use the new funds to expand in Italy, Germany, Norway and France. Critics warn operators could face similar issues as bike sharing firms. Forced into price wars due to competition and facing backlash from authorities over […]

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H-D 2019 Electra Glide Standard new model announcement

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Harley-Davidson ELECTRA GLIDE STANDARD delivers an elemental Touring experience powered by the Milwaukee-Eight engine MILWAUKEE (Mar. 4, 2019) –Powered by the muscular Milwaukee-Eight™ 107 engine, the new Electra Glide Standard is a “Dressed down Dresser” that provides a raw, fundamental riding experience inspired by Harley-Davidson’s Grand American Touring roots. Designed for the traditional touring customer, the Electra Glide Standard is for the rider seeking to disconnect from all the noise of the day-to-day through riding. No screens, simply a motorcycle that provides and heightens the experience of the journey. This fundamental experience is a key element in the design and engineering of the Electra Glide Standard. The Electra Glide Standard features essential Harley-Davidson styling elements such as the iconic batwing fairing, chrome trim, standard saddle bags, and cast aluminum wheels. Chrome accents are added in high-impact design areas and complemented by polished rocker, cam and derby covers and select blacked out components – a blend of traditional elements and modern trends. “To express the stripped-back essence of the Electra Glide Standard we focused on finishes that were simple, timeless, and fundamental to the Harley-Davidson’s touring line. Chrome was added to key components and complimented by polished and blacked out parts, said Harley-Davidson’s Vice President of Styling & Design Brad Richards. “The rocker, cam, and derby covers are finished with chrome to emphasize the V-Twin shape of the Milwaukee-Eight 107 engine. In addition, they add a dose of nostalgia that draws a through-line all the way back to the first Electra Glide.” To provide a raw touring motorcycle experience without riding compromises, the Electra Glide Standard features all the latest ride and handling technology of Harley-Davidson’s Touring line such as standard electronic cruise control, hand-adjustable emulsion-technology rear shock absorbers, 49mm front forks with Showa dual bending valve suspension, and Brembo brakes

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The 2019 Ducati Model lineup arriving to American Dealerships

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Season Opening Events Taking Place March 22 – 24 at Showrooms Nationwide Mountain View, Calif. (February 22, 2019) – Ducati North America is celebrating the warm riding weather just around the bend by bringing its national Season Opening to participating dealerships March 22 – 24. The annual event offers Ducati owners and new fans their first opportunity to experience the Italian brand’s new line of motorcycles in person, which includes 10 new models for 2019, built for every riding level and encompassing all the Ducati worlds, ranging from Racetrack, Travel, Lifestyle and Scrambler, to Sport & Fun. For details, motorcyclists – or anyone interested in learning how to ride – can sign up here to learn more about the 2019 bikes or can locate their nearest Ducati dealership online at: https://www.ducati.com/us/en/dealers One relevant addition to the 2019 Ducati stable is the all-new Diavel 1260, the first significantly new Diavel since its debut in 2010, with a new 1262 cc engine and muscular styling – making it a completely new motorcycle. It’s perfect for experiencing summer winds along the coast, refreshing spring breezes down winding mountain roads or cruising with style down the backroads of America. Power and technology mix in the new Diavel 1260 to create the most advanced Diavel to date and, with low monthly payments, financing for the Diavel 1260 can be priced starting as low as $265.95 per month. Sign up here to learn more about the new Diavel 1260: https://contact.ducati.com/ww/en/season-opening-2019/light/s Also, existing 2018 models can be available with APR as low as 0% through Ducati Premier Financing, or with special offers on Ducati Apparel and Ducati Accessories. For more information, clients should contact their nearest Ducati dealership. Ducati 2019 Season Opening Motorcycles Scrambler Icon [As Low As $118.17 Per Month] – The Scrambler brand was launched

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