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.
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.
To address those issues, LiveWire said it has formed a "special restructuring committee" to explore financing, a sale, restructuring, strategic partnerships and other options. It withdrew previous guidance projecting a 2026 operating loss in the $70 million to $80 million range. (Harley-Davidson held a 74 percent stake in LiveWire when it spun the company off into a separate unit by a SPAC merger in 2022.)
The...
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