indiantechcommunity.com1hr ago
Harley-Davidson's electric motorbike brand has 'substantial doubt' about its future

Harley-Davidson's electric motorcycle spinoff LiveWire has raised "substantial doubt" about its ability to continue as a going concern, the company said in its latest financial report . LiveWire cited "recurring operating losses, negative cash flows... and limited liquidity resources" as contributing factors to its determination. The warning comes despite a rise in LiveWire's sales this quarter and its 80 percent market share in the 50+ kW on-road EV segment.
Opening paragraph from engadget.com. Continues in the full article.
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