/ News
Harley-Davidson and Kymco partner up, LiveWire to go public
The company will be listed as LVW on the New York Stock Exchange.
Harley-Davidson made the LiveWire brand a few years back, and now the American chopper brand is taking its electric division to another level, so to speak. LiveWire is going public on the stock market in a bid to set a pro forma enterprise value at around $1.77 billion USD.
The company is looking to achieve this by merging with a SPAC, which would allow it to sidestep the process of getting an IPO. The company will be known on the New York Stock Exchange as ‘LVW.’
Kymco is a brand that is known for its expressway-legal scooters in the Philippines, as well as a bevy of other fashionable retro models like the Like series. Based in Taiwan, the company is apparently a part of this LiveWire deal.
LiveWire and Kymco will be strategic partners moving forward. The Taiwanese motorcycle brand will be in charge of distributing and manufacturing LiveWire models. It is not certain whether Kymco will also have a hand in developing models with the LiveWire brand, however.
The paring seems perfect as LiveWire aims to “focus on the urban market and beyond,” which is likely a nod to Kymco’s strengths in fielding small-displacement and highway-legal scooters and motorcycles.
Harley’s EV division appears to be winding up for the electric revolution. Some markets are already spearheading the charge to transition fully into electric vehicles in the next 10 to 15 years, and that could mean good on the investor’s side, instilling confidence in the brand. On top of that, Kymco could be a valuable asset for LiveWire and instill more confidence in Harley-Davidson’s spin-off brand. Kymco themselves have already been dabbling in the field of EVs, and we may also expect new all-electric models from the company soon enough, it’s just a matter of when, and if the Philippines will be able to join in on the electric fun.
Tagged Under
Related Articles
-
Harley-Davidson X350 and X500 make their way to Japan – Philippines next? / News
Harley-Davidson is launching the X350 and X500 in Japan. Would you like to see these mid-sized roadsters in the Philippines?
-
Harley-Davidson trademarks the Nightster 440 in India / News
Harley-Davidson has patented the Nightster 440 name in the Indian market, suggesting that the brand is working on a sportier version of the new X440.
-
Harley-Davidson unveils limited Fast Johnnie Editions as part of its Enthusiast Collection / News
Harley-Davidson has launched the limited Fast Johnnie Editions of the Low Rider ST, Street Glide ST, and Road Glide ST.
-
Harley-Davidson India releases more photos of the upcoming X440 / News
Harley-Davidson of India has dropped even more photos of the upcoming X440 small-displacement model.
-
Check out the new Harley-Davidson X440 slated for launch in the Indian market / News
Harley-Davidson has released images of the highly anticipated X440 developed in partnership with Indian company Hero MotoCorp.
Latest News
-
CFMOTO's new 675NK is poised to revolutionize the naked bike segment / News
CFMOTO has unveiled the 675NK at EICMA 2024.
-
What do you think of the new Royal Enfield Bear 650 scrambler? / News
Royal Enfield has unveiled the new Bear 650, its middleweight offering in the scrambler segment.
-
Ducati unveils 2025 Panigale and Streetfighter V2 / News
Ducati has wasted no time in launching two new sportbikes powered by its all-new V2 engine.