Technology · 2 views
Harley-Davidson's electric motorbike brand has 'substantial doubt' about its future
LiveWire cited 'recurring operating losses' despite an 80 percent US market share in its segment.
AI Summary
Harley‑Davidson’s electric‑motorcycle spinoff LiveWire warned that its ability to continue as a going concern is in serious doubt. The company cited recurring operating losses, negative cash flows and limited liquidity resources as the primary reasons for the warning. Despite the cautionary note, LiveWire reported a rise in sales for the quarter and said it holds an 80 percent share of the U.S. market for on‑road electric motorcycles rated above 50 kW. The financial report underscores the contrast between strong market position and ongoing cash‑flow challenges.
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