PODCAST 503 The return of Oscar the Romantic Hispanic.
https://www.youtube.com/@ClevelandMoto/streams
Show notes:
Are we done with electric motorcycles?
Livewire Way back in 2019:. "The range of new bikes are expected to haul in more than $1 billion of annual sales in 2022 compared to 2017".
Then back in 2021...The $1.7 billion Harley-Davidson electric motorcycle SPAC deal, Jochen Zeitz, Harley’s chief executive, will be the chairman of LiveWire for up to two years following the completion of the deal. In an investor presentation, LiveWire projected units sales volume of 100,961 electric bikes by 2026
https://www.cnbc.com/.../harleys-electric-motorcycle...
Dec 14, 2021 Can Harley-Davidson's LiveWire spin-off go from selling fewer than 400 electric motorcycles this year to selling nearly 101,000 around the world in 2026?
Ouch in just 4 years, that did not age well.
"LiveWire sold over 117 electric motorcycles through March 2024, an 86% increase compared to last year"
July 2024 "The company expects to sell between 1,000 and 1,500 e-motorcycles by the end of this year" Nope, not even close, you sold just over 600.
Great, let's give them more money!
Harley-Davidson’s electric motorcycle business, LiveWire, is getting a Tax-Payer funded $89 million boost to support a five-year project to increase production of zero-emissions motorcycles.
Since its inception in 2019, LiveWire has only sold somewhere around 2,350 motorcycles
LiveWire claimed to have sold 1648 bikes in 2019Later recall data had shown only 390 actual sales. LiveWire sold 177 bikes in 2020LiveWire sold 461 bikes in 2021Livewire sold 597 in 2022LiveWire sold 660 bikes in 2023LiveWire sold 612 bikes in 2024LiveWire has sold only 33 bikes in 2025 so far. ClevelandMoto has doubled Livewires sales numbers, can we get a govt. check?
Based on the $1.7BN initial funding and a $100M Loan from HD to Livewire and the $89M Govt. Grant that makes each bike worth $808,510 - And you're only paying $22k for it, such a deal!
But wait, their latest shareholder report says they sold 1970 bikes in the first quarter of 2025!?!? What a revival, that 89 mil bump is paying off...
Look super, duper closely, read the fine print....that's a COMBINED number for both stacyc kids $600 balance bikes and $23,000 motorcycles?!?!?
Sorry bud, time to get in the motorcycle graveyard, scooch over Energica.
VERMONT BANS LOUD PIPES - The news aint the story, so much as the comments are fire!
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