← All tech news

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.

Read full news at engadget.com

What the community thinks

Be the first to weigh in.

Log in to join the conversation.

No comments yet. Be the first to reply.