Motorcycles

inDrive remains the world’s second most downloaded ride-hailing app and ranks as fourth most downloaded travel app worldwide

Retrieved on: 
Friday, January 19, 2024

InDrive also achieved a notable milestone, ranking as the fourth most downloaded application worldwide in the Travel category.

Key Points: 
  • InDrive also achieved a notable milestone, ranking as the fourth most downloaded application worldwide in the Travel category.
  • Total downloads of the inDrive app amounted to 66.6 million in 2023, based on Google Play and App Store data (China is iOS only), data.ai said.
  • In 2023, inDrive launched its services in multiple new locations, including the Miami and South Florida region of the U.S.
  • inDrive was also the most downloaded ride-hailing app in 13 countries, including markets like Pakistan, Colombia, Egypt, Peru and Morocco, according to data.ai.

Livewire Group, Inc. To Report Fourth Quarter and Year-End 2023 Results on February 8, 2024

Retrieved on: 
Thursday, January 18, 2024

Inc. (NYSE: LVWR) will release its fourth quarter and year-end financial results before market hours Thursday, February 8,2024.

Key Points: 
  • Inc. (NYSE: LVWR) will release its fourth quarter and year-end financial results before market hours Thursday, February 8,2024.
  • The public is invited to attend an audio webcast from 8-9 a.m. CT. LiveWire leadership will be joining the Harley-Davidson, Inc. audio webcast to discuss LiveWire’s financial results, developments in the business, and updates to the Company’s outlook.
  • A replay of the audio webcast will be available approximately two hours after the call concludes.
  • LiveWire is majority owned by Harley-Davidson, Inc. and has a dedicated focus on the electric motorcycle sector.

Global Scooter Market Size, Share & Trends Analysis Report 2023-2030 - A $111.37 Billion Market by 2030, Expanding at a Compound Annual Growth Rate of 6.1% - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 10, 2024

The "Global Scooter Market Size, Share & Trends Analysis Report by Product Type (Normal Scooter, Electric Scooter), Electric Scooter Type (Conventional Electric Scooter, Swappable Electric Scooter), Region, and Segment Forecasts, 2023-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Scooter Market Size, Share & Trends Analysis Report by Product Type (Normal Scooter, Electric Scooter), Electric Scooter Type (Conventional Electric Scooter, Swappable Electric Scooter), Region, and Segment Forecasts, 2023-2030" report has been added to ResearchAndMarkets.com's offering.
  • The global scooter market is expected to reach USD 111.37 billion by 2030, expanding at a compound annual growth rate (CAGR) of 6.1% during the forecast period.
  • The rising demand for comfortable rides with a gearless driving system is propelling the growth of the scooter market.
  • Besides, the increasing adoption of rental electric scooters for local travel and sightseeing is expected to foster scooters' market growth.

Mitsubishi Electric J1 Series Power Semiconductor Modules Optimizes Electric Motorcycle Performance

Retrieved on: 
Wednesday, January 10, 2024

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    LiveWire’s S2 Del Mar® and S2 Del Mar LE® motorcycles are the first in the nation to incorporate Mitsubishi Electric’s advanced electric-power technology.
  • “This reflects our commitment to working with other highly innovative companies to help create a smarter, more sustainable world,” said Adam Falcsik, senior product manager, of Mitsubishi Electric US’s Semiconductor and Device Division.
  • “In addition to eliminating costs for fuel, and reducing maintenance and repair, our electric motorcycles offer single-speed transmission and acceleration capabilities creating a compelling ownership experience for motorcyclists globally.”
    Mitsubishi Electric’s J1 series power semiconductor modules are compact, lightweight, and power-dense silicon-based modules.
  • They are currently used in the automotive industry and are also suitable for various types of electric vehicles.

NTHU Unveils Self-Balancing Motorcycle

Retrieved on: 
Tuesday, January 9, 2024

At National Tsing Hua University (NTHU) in Taiwan, a student team guided by Distinguished Professor Ting-Jen Yeh from the Department of Power Mechanical Engineering (PME) has created a self-balancing motorcycle using AI.

Key Points: 
  • At National Tsing Hua University (NTHU) in Taiwan, a student team guided by Distinguished Professor Ting-Jen Yeh from the Department of Power Mechanical Engineering (PME) has created a self-balancing motorcycle using AI.
  • View the full release here: https://www.businesswire.com/news/home/20240109435262/en/
    NTHU students, guided by Distinguished Professor Ting-Jen Yeh from the Department of Power Mechanical Engineering, successfully created a prototype of a self-balancing motorcycle.
  • What is difficult to believe is that this accomplishment emerged from an undergraduate capstone course within PME at NTHU.
  • Drawing inspiration from Yamaha's concept, the NTHU team used machine learning to optimize the control of the dual-steering motorcycle to achieve self-balancing.

Haig Partners Serves as the Exclusive Sell-Side Advisor to Team Automotive Group on the Sale of Team Chevrolet GMC Boone, NC

Retrieved on: 
Tuesday, January 9, 2024

Haig Partners LLC , the leading buy-sell advisory firm to higher-value auto dealers, served as the exclusive sell-side advisor to Team Automotive Group on the sale of Team Chevrolet GMC Boone to Keffer Automotive Group of Charlotte, NC.

Key Points: 
  • Haig Partners LLC , the leading buy-sell advisory firm to higher-value auto dealers, served as the exclusive sell-side advisor to Team Automotive Group on the sale of Team Chevrolet GMC Boone to Keffer Automotive Group of Charlotte, NC.
  • Team Automotive Group is a family-owned dealership group headquartered in Charlotte, NC, with locations throughout the Carolinas.
  • In addition to Team Chevrolet GMC Boone, John advised us on divesting Team Chevrolet of Creedmoor, NC, late in 2023.
  • "I would also like to extend a sincere thank you to Jim Keffer and Keffer Automotive for making this such a smooth transition for the Team Chevrolet GMC Boone team.

Damon Motors Selects Molicel to Power Its 20 kWh Volt Exoskeleton Superbike

Retrieved on: 
Tuesday, January 9, 2024

Damon Motors Inc. (“Damon” or the “Company”) today announced a strategic partnership to build its award-winning motorcycles using E-One Moli Energy Corp. (“Molicel”) batteries.

Key Points: 
  • Damon Motors Inc. (“Damon” or the “Company”) today announced a strategic partnership to build its award-winning motorcycles using E-One Moli Energy Corp. (“Molicel”) batteries.
  • Combined with Damon’s patented exoskeleton design, Damon motorcycles are expected to deliver more range, higher power, and shorter charge times than industry competitors.
  • Damon and Molicel engineers will work in close collaboration on current and future applications, enabling Damon to deploy the latest technology and developments into its motorcycles.
  • (Photo: Business Wire)
    “Molicel’s innovative and superior battery technology will further position Damon at the leading edge of EV tech,” said Derek Dorresteyn, CTO, Damon.

Damon Motors Returns to CES 2024 With HyperFighter Superbike

Retrieved on: 
Monday, December 18, 2023

(“Damon” or the “Company”) today announced it will return to CES, organized by the Consumer Technology Association, to showcase its award-winning HyperFighter electric motorcycle.

Key Points: 
  • (“Damon” or the “Company”) today announced it will return to CES, organized by the Consumer Technology Association, to showcase its award-winning HyperFighter electric motorcycle.
  • It will be on display in the NXP® Semiconductors booth CP-19 at the Las Vegas Convention Center Central Plaza, January 9-12, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20231218764880/en/
    Damon Motors returns to CES to showcase the HyperFighter motorcycle, a naked, electric streetfighter outfitted with award-winning technology.
  • “We’re eager to give CES attendees an up-close look at the future of motorcycling with our HyperFighter superbike.

AT&T and Rivian Team up to Reduce CO2 Emissions and Enable Smart, Connected Vehicles

Retrieved on: 
Thursday, December 14, 2023

AT&T expects to begin adding the Rivian Commercial Van and R1 vehicles to its fleet in early 2024 to begin evaluating the various ways these vehicles help improve safety, reduce costs and cut its carbon footprint.

Key Points: 
  • AT&T expects to begin adding the Rivian Commercial Van and R1 vehicles to its fleet in early 2024 to begin evaluating the various ways these vehicles help improve safety, reduce costs and cut its carbon footprint.
  • The company expects to reduce its fleet emissions in support of its carbon neutral commitment.
  • In addition to Rivian collaborating with AT&T to provide fleet vehicles for a pilot, AT&T is the exclusive provider of connectivity to all Rivian vehicles, in the U.S. and Canada, enabling a smarter, safer and more connected driving experience.
  • With AT&T connectivity, Rivian uses over-the-air software updates to consistently improve its vehicles with new features that elevate the driving experience for its customers.

Toprak Razgatlioglu makes excellent ROKiT BMW Motorrad WorldSBK Team debut at Portimao Test

Retrieved on: 
Monday, December 11, 2023

Toprak Razgatlioglu has tested the ROKiT BMW M1000 RR for the first time in a shakedown test at Portimao in advance of the first round of the 2024 WorldSBK season which begins in February at Phillip Island in Australia.

Key Points: 
  • Toprak Razgatlioglu has tested the ROKiT BMW M1000 RR for the first time in a shakedown test at Portimao in advance of the first round of the 2024 WorldSBK season which begins in February at Phillip Island in Australia.
  • View the full release here: https://www.businesswire.com/news/home/20231211867934/en/
    Jonathan Kendrick and ROKiT BMW Motorrad WorldSBK rider Toprak Razgatlioglu (Photo: Business Wire)
    “On the first lap, I was just smiling,” Toprak said after testing.
  • “I felt unbelievable power and over the hill, it was still going.
  • The 2024 ROKiT Motorrad WorldSBK Team will feature Toprak riding alongside Michael van der Mark as team-mates.