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Business financial make money capital trading A game-changing electric vehicle is set to take off in 2020 — and it’s not from Tesla (HOG, TSLA)
LiveWire — a whole new breed of Hog. Reuters Harley-Davidson’s LiveWire electric motorcycle went on sale in 2019, priced at about $30,000.The LiveWire is part of Harley’s global strategy to remain viable and ensure the iconic company’s future.In 2020, Harley could put the electric motorcycle on the map; for a decade, various startups have entered…
Business financial make money capital trading
- Harley-Davidson’s LiveWire electric motorcycle went on sale in 2019, priced at about $30,000.
- The LiveWire is part of Harley’s global strategy to remain viable and ensure the iconic company’s future.
- In 2020, Harley could put the electric motorcycle on the map; for a decade, various startups have entered the fray, but electric bikes remain a niche thing.
- Harley-Davidson doesn’t do niche. The LiveWire could be the most exciting electric vehicle of 2020.
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The much-anticipated Harley-Davidson LiveWire electric motorcycle officially launched in late 2019.
The price — $30,000 — is steep, but the potential is enormous.
Here’s a rundown of why LiveWire could be this biggest electric-vehicle story of 2020:
Business financial make money capital trading The LiveWire is … live! Harley-Davidson announced the motorcycle in 2014, then launched it in 2019, when deliveries commenced late in the year.
Harley-Davidson
Business financial make money capital trading LiveWire was the star of the New York Motorcycle Show in December, and the centerpiece of the Harley booth.
Matthew DeBord/BI
Business financial make money capital trading Here’s what LiveWire isn’t: A Tesla. Elon Musk’s carmaker has dominated electric-vehicle news for a decade.
Tesla
Business financial make money capital trading But Musk, a one-time biker in his youth, doesn’t want to do a Teslacycle. He had some close calls when he was a teen.
REUTERS/Hannibal Hanschke
Business financial make money capital trading Another thing the LiveWire isn’t: A throwback to Harley’s chopper era.
Getty Images
Business financial make money capital trading The LiveWire also isn’t an Evel Knievel wheelie-popper.
Getty Images
Business financial make money capital trading The LiveWire is the biggest electric motorcycle of all time. It has a range of 146 miles, an 85-horsepower motor, a 15.5 kilowatt-hour battery, and can be recharged either overnight on Level 2 or in about an hour on DC fast-charging.
Electrify America
Business financial make money capital trading LiveWire is a strong effort to bring American leadership to electrifying the two-wheeled world.
Reuters/Jim Young
Business financial make money capital trading Harley CEO Matt Levatich has made the LiveWire a cornerstone of the iconic company’s 21st-century strategy.
Thomson Reuters
Business financial make money capital trading Harley needs a new strategy, as the company stock endured a 40% slide over the past five years. Harley’s customer base is aging, and new riders have been hard to find.
Markets Insider
Business financial make money capital trading Harley legendary V-Twin motor is not a factor on LiveWire.
Harley-Davidson
Business financial make money capital trading But the bike is still built with pride in the USA.
Scott Olson/Getty Images)
Business financial make money capital trading This ought to placate President Donald Trump, who has criticized Harley for moving some production to new markets that its want to open up, especially in Asia.
Drew Angerer/Getty Images
Business financial make money capital trading The brand has incredible potential in Asia; here’s a band of Chinese riders hitting the road.
REUTERS/Carlos Barria
Business financial make money capital trading LiveWire looks … impressive. And it’s priced accordingly, starting at about $30,000.
Harley-Davidson
Business financial make money capital trading But the bike is still something special and has a bright future.
Electrify America
I’ve rarely been as excited as I am about the LiveWire, which despite the naysayers marks a HUGE departure for Harley in the US, charts a brave new future for the brand at home, and suggests some interesting strategies for the rest of the world.
But more to the point, I want an electric motorcycle, perhaps foolishly, and the electric motorcycle I want is a Harley-Davidson LiveWire. This fact was brought home to me the moment I threw a leg at this year’s New York Motorcycle Show. It was like the insistent thrum of a V-Twin: want, want, want, want …
Except that it was my two-wheelin’ heart, a beatin’ a seduced rhythm.
I was already prepared to have my game changed by LiveWire, but I think that it should generate if not massive sales in 2020 then certainly buzz around electric motorcycles. Here’s what could happen.
A bunch of guys are out on a weekend ride on their beloved hogs. They stop for a break. There’s a LiveWire in the picture. Before you know it, one LiveWire adopter has become a brand ambassador for a dozen grizzled dudes in denim and black leather.
It’s gonna be a slow build, in other words. But given the exceptionally underwhelming condition of the electric bike market now, a slow build is preferable to the alternative, which is no build.
But the endgame, versus the game-change, to me looks promising. Harley has committed, and when you’re as big as the Milwaukee legend, that matters.
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Harley-Davidson LiveWire
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