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TVS overtakes Yamaha’s Market Capitalisation

TVS overtakes Yamaha’s Market capitalisation to become third-largest two-wheeler maker in the world. The market capitalisation (Mcap) of Chennai-based (India) TVS Motor has surged 37% to $9.2 billion over the past six months, as per Bloomberg’s data. In contrast, Yamaha Motor saw an Mcap erosion of $1.6 billion from its August highs. Only seventeen months […]

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Harley’s electric motorcycle division to go public via $1.7 billion SPAC deal

from https://www.cnbc.com/ Key Points : Harley-Davidson’s electric-motorcycle division will go public through a merger with a blank-check firm in a deal valued at $1.77 billion, the company said on Monday. The company launched LiveWire earlier this year, hoping to claw back lost market share as its core baby boomer customer base grows older and interest

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Harley-Davidson Has Missed the Mark in Electric Transportation

by Travis Hoium from https://www.fool.com The company can’t get over its past success. The iconic Harley-Davidson (NYSE:HOG) brand is in trouble. The company has seen revenue fall for a half-decade, and earnings have evaporated. Strategies to get into electric motorcycles have largely failed, and the core business doesn’t show any signs of a turnaround. Despite

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Harley-Davidson faces proxy fight with investor Impala

by Svea Herbst-Bayliss from https://www.reuters.com The $2.8 billion hedge fund run by Robert Bishop, which owns 1.9 million Harley shares, or 1.2% of the company, has nominated former auto industry executive Brent Dewar and Leo Hindery, Jr., who has public board experience, as directors to Harley’s nine-member board. BOSTON: Harley-Davidson Inc faces a battle with

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China’s Ninebot unveils scooters that drive themselves to charging stations

Ninebot said Uber and Lyft, the ride-hailing giants that are expanding into scooter-sharing, would be among the customers for the new semi-autonomous vehicles that are expected to hit roads early next year. BEIJING/HONG KONG – Segway-Ninebot Group, a Beijing-based electric scooter maker, on Friday unveiled a scooter that can return itself to charging stations without

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Electric scooter sharing firm VOI raises $30 million for European expansion

VOI-Electric scooter sharing firm VOI raises $30 million for European expansion STOCKHOLM: Electric scooter sharing firm VOI Technology has raised $30 million in another fundraising round since being set up seven months ago for its European expansion and investment in research to fend off growing competition, it was reported on Monday. Uber Technologies Inc, Alphabet

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