Harley-Davidson spins off LiveWire electric bikes via SPAC

Harley-Davidson has announced that it is spinning off its electric motorcycle unit, LiveWire, into a separate company.

The new company will be formed through a SPAC merger with AEA Bridges with a valuation of $1.7 billion.

LiveWire expects to be selling over 100,000 bikes by 2026.

With the ticker symbol LVW, LiveWire will be the first pureplay electric motorcycle company on the New York Stock Exchange.

Ewan McGregor and Charley Boorman used Harley LiveWire bikes in their ‘Long Way Up‘ TV road trip up South America to the USA in 2019.

Leave a Reply

Watch More

Learn More