Scooter (motorcycle)

Global Electric Scooter Market 2024-2031: 3.6 kW to 7.2 kW Segment is Projected to Exhibit the Highest Growth Rate

Retrieved on: 
Thursday, March 14, 2024

The global electric Scooter market is projected to reach $408.1 billion by 2031, at a CAGR of 21.6% from 2024-2031.

Key Points: 
  • The global electric Scooter market is projected to reach $408.1 billion by 2031, at a CAGR of 21.6% from 2024-2031.
  • The market in North America is projected to register the highest growth rate during the forecast period.
  • The 3.6 kW to 7.2 kW segment is expected to register the highest CAGR during the forecast period.
  • Who are the local emerging players in the global electric scooters market, and how do they compete with other players?

LiveWire Group, Inc. Reports 2023 Fourth Quarter and Full Year Financial Results

Retrieved on: 
Thursday, February 8, 2024

The Company’s consolidated net loss was $109.6 million for the year ended 2023 compared to $78.9 million for the year ended 2022.

Key Points: 
  • The Company’s consolidated net loss was $109.6 million for the year ended 2023 compared to $78.9 million for the year ended 2022.
  • LiveWire Group, Inc. is comprised of two business segments:
    Electric Motorcycle revenue increased in fourth quarter 2023 compared to the same quarter in the prior year due to sales of Del Mar units.
  • STACYC volumes were up in the fourth quarter of 2023 compared to 2022, while revenue and operating income were down due to product mix and pricing.
  • LiveWire leadership will be joining the Harley-Davidson, Inc. audio webcast to discuss our results, developments in the business, and updates to the Company’s outlook.

Damon Motors Collaboration with NXP Semiconductors to Integrate Performance-Driven Automotive Integrated Circuits Into Its Electric Motorcycles

Retrieved on: 
Wednesday, January 10, 2024

Damon Motors Inc. (“Damon” or the “Company”) today announced a collaboration with NXP® Semiconductors (“NXP”), a leader in automotive processing and renowned provider of vehicle electrical/electronic (E/E) architecture and electrification solutions.

Key Points: 
  • Damon Motors Inc. (“Damon” or the “Company”) today announced a collaboration with NXP® Semiconductors (“NXP”), a leader in automotive processing and renowned provider of vehicle electrical/electronic (E/E) architecture and electrification solutions.
  • Through this collaboration, NXP's state-of-the-art technology has been integrated into Damon's electronic control units (ECU) and other electronic systems.
  • View the full release here: https://www.businesswire.com/news/home/20240110362495/en/
    Damon Motors is collaborating with NXP Semiconductors to integrate Performance-Driven Automotive Integrated Circuits Into Its Electric Motorcycles.
  • Damon Motors and NXP Semiconductors are teaming up at CES 2024 to showcase the critically-acclaimed Damon HyperFighter motorcycle.

Electric Motorcycle Market size to grow by USD 109.78 billion from 2022 - 2027| The increase in demand for e-motorcycles to drive the market growth- Technavio

Retrieved on: 
Wednesday, December 6, 2023

The market size is set to grow by USD 109.78 billion between 2022 and 2027 and register a CAGR of 24.05%.

Key Points: 
  • The market size is set to grow by USD 109.78 billion between 2022 and 2027 and register a CAGR of 24.05%.
  • Buy the full report
    The increase in demand for electric motorcycles is significantly driving the growth of the e-motorcycles market.
  • In recent years, there has been a significant rise in the demand for electric motorcycles and similar environmentally friendly alternatives.
  • High-performance Electric Motorcycle Market : The high-performance electric motorcycle market size is estimated to grow at a CAGR of 9.65% between 2022 and 2027.

BIZCLIK MEDIA LAUNCHES NOVEMBER EDITION OF SUSTAINABILITY MAGAZINE AND EV MAGAZINE

Retrieved on: 
Tuesday, November 7, 2023

LONDON, Nov. 7, 2023 /PRNewswire/ -- BizClik, the UK's fastest-growing publishing company, has published the latest editions of Sustainability Magazine and EV Magazine. These publications are highly regarded within the sustainability and electric vehicle sectors for their in-depth reports and interviews with prominent figures in the respective industries.

Key Points: 
  • The November edition of Sustainability Magazine and EV Magazine includes interviews with leading experts and executives from Sellafield and General Motors.
  • LONDON, Nov. 7, 2023 /PRNewswire/ -- BizClik, the UK's fastest-growing publishing company, has published the latest editions of Sustainability Magazine and EV Magazine .
  • This month's edition features an extensive lead interview with Eirini Etoimou of Sellafield, about how Sellafield operationalises sustainability moving from the ambition to action and to long-term results.
  • You can visit EV Magazine and Sustainability Magazine for daily news and analysis of the ever-changing sustainability industry.

BIZCLIK MEDIA LAUNCHES NOVEMBER EDITION OF SUSTAINABILITY MAGAZINE AND EV MAGAZINE

Retrieved on: 
Tuesday, November 7, 2023

LONDON, Nov. 7, 2023 /PRNewswire/ -- BizClik, the UK's fastest-growing publishing company, has published the latest editions of Sustainability Magazine and EV Magazine. These publications are highly regarded within the sustainability and electric vehicle sectors for their in-depth reports and interviews with prominent figures in the respective industries.

Key Points: 
  • The November edition of Sustainability Magazine and EV Magazine includes interviews with leading experts and executives from Sellafield and General Motors.
  • LONDON, Nov. 7, 2023 /PRNewswire/ -- BizClik, the UK's fastest-growing publishing company, has published the latest editions of Sustainability Magazine and EV Magazine .
  • This month's edition features an extensive lead interview with Eirini Etoimou of Sellafield, about how Sellafield operationalises sustainability moving from the ambition to action and to long-term results.
  • You can visit EV Magazine and Sustainability Magazine for daily news and analysis of the ever-changing sustainability industry.

LiveWire Group, Inc. Reports Third Quarter Financial Results

Retrieved on: 
Thursday, October 26, 2023

LiveWire Group, Inc. is comprised of two business segments:

Key Points: 
  • LiveWire Group, Inc. is comprised of two business segments:
    Electric Motorcycle revenue was down compared to the same quarter in the prior year due to lower unit sales of LiveWire ONE.
  • STACYC revenue was down in the third quarter due to lower sales of electric balance bikes to independent distributors compared to the third quarter of 2022.
  • STACYC operating income for the third quarter decreased from prior year largely due to a reduction in gross margin driven by lower volumes and increased selling, administrative and engineering expense relating to personnel costs, and increased marketing initiatives.
  • The audio replay will be available by approximately 10:00 a.m. CT.

LiveWire Group, Inc. Reports Second Quarter Financial Results

Retrieved on: 
Thursday, July 27, 2023

LiveWire Group, Inc. is comprised of two business segments:

Key Points: 
  • LiveWire Group, Inc. is comprised of two business segments:
    Electric Motorcycle revenue was down compared to the same quarter in the prior year due to lower unit sales of LiveWire ONE.
  • Increased operating losses also incorporate the added planned costs of standing up a new organization as compared to the same quarter in the prior year.
  • STACYC revenue was down in the second quarter due to our retail partners for electric balance bikes taking a more conservative approach to inventory in response to the macro-economic environment as compared to the second quarter of 2022.
  • STACYC operating loss for the second quarter was $0.1 million versus operating income of $0.8 million a year ago, largely due to gross margin driven by lower volumes.

UL Solutions Warns of Unauthorized UL Marks on Battery Chargers

Retrieved on: 
Friday, June 23, 2023

NORTHBROOK, Ill., June 23, 2023 /PRNewswire/ -- The following is a notification from UL Solutions that the Battery Charger identified below bears unauthorized UL Certification Marks.

Key Points: 
  • NORTHBROOK, Ill., June 23, 2023 /PRNewswire/ -- The following is a notification from UL Solutions that the Battery Charger identified below bears unauthorized UL Certification Marks.
  • The battery charger has not been evaluated by UL Solutions to the appropriate Safety Standards and it is unknown if the battery charger complies with any safety requirements.
  • Name of Product: FN 48V Battery Charger.
  • Identification on the Product: The battery charger bears an unauthorized UL Certification Mark and the following:

Chinese electric vehicle manufacturer supports Thailand to promote electric scooters

Retrieved on: 
Friday, June 23, 2023

BANGKOK, June 23, 2023 /PRNewswire/ -- In the morning of June 23 (local time), the launching ceremony of the "electric scooters as motorcycle-taxi" project of the United Nations Environment Programme was held in Bangkok of Thailand.

Key Points: 
  • BANGKOK, June 23, 2023 /PRNewswire/ -- In the morning of June 23 (local time), the launching ceremony of the "electric scooters as motorcycle-taxi" project of the United Nations Environment Programme was held in Bangkok of Thailand.
  • TAILG of China donated electric scooters to the Bangkok government to support the promotion of the project.
  • There is great potential to promote electric scooters as motorcycle-taxi in Thailand.
  • It is learned that all the scooters TAILG donates to Thailand this time adopt the independently developed patented system, boasting both high power and longer range.