LiveWire® & KYMCO Strengthen Strategic Partnership with New Agreement to Expand LiveWire’s S2 Portfolio
05 11월 2024 - 11:20PM
Business Wire
The result of the combined effort of the two
companies will be LiveWire’s first electric maxi-scooter planned to
launch in 1H 2026
LiveWire, a leader in electric motorcycles, and KYMCO, a
globally recognized powersports company, are excited to announce
the expansion of their strategic partnership, creating an electric
maxi-scooter primarily intended for the European market. For this
project, the two companies will leverage their individual strengths
in addition to using LiveWire’s S2 powertrain.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20241105847210/en/
LiveWire prototype concepts shown for
illustration purposes only. (Photo: Business Wire)
LiveWire plans to launch its first-ever electric maxi-scooter,
in the first half of 2026, to offer customers an electric riding
experience that capitalizes on the convenience and benefits of the
category and utilizes the performance and range of LiveWire’s S2
powertrain. LiveWire and KYMCO are combining their strengths and
capabilities to reach new customers looking to experience the
benefits of LiveWire’s electric performance in a commute-friendly
maxi-scooter for the pursuit of urban adventure and beyond.
This new agreement is an expansion from the existing agreement
between both companies, which originated in 2022, with KYMCO’s
investment in LiveWire.
“The belief and recognition that we could create a class-leading
maxi-scooter using our S2 Arrow powertrain has been a constant,
KYMCO sharing their expertise has changed belief into reality, and
we are excited to commence on this journey with such a globally
recognized leader in the category.” - Karim Donnez, CEO
LiveWire
KYMCO is one of the leading OEMs for premium internal combustion
engine (ICE) scooters across global markets, in addition to having
substantial experience in smaller output EV scooters and related
business models. KYMCO providing its experience in the category
adds a new dimension to LiveWire's product line and strengthens its
position as a global leader in electric mobility.
KYMCO has a long tradition of innovation and forward-thinking in
market entry strategies supported by its broad capability set,
including multiple innovations in EVs such as RevoNEX, a
high-performance all-electric street bike which plans to use
LiveWire’s S2 powertrain, and Ionex, an advanced market proven
swappable battery solution for electric two-wheeled vehicles.
“LiveWire is an iconic leader in electric solutions for urban
mobility. We are excited to partner with them as LiveWire embarks
on the development of a S2-based electric maxi-scooter.” - Allen
Ko, Chairman KYMCO
Continuing the development and expansion of the S2 portfolio,
this project will use LiveWire’s S2 Arrow powertrain as the basis
for an all-new premium electric maxi-scooter, bringing the
benchmark performance and range capabilities of LiveWire’s S2
motorcycles to the maxi-scooter category, while developing a new
design language and form factor for LiveWire’s first maxi-scooter
offering. Intended to be distributed globally, the company is
planning a first half 2026 release for the project.
About LiveWire
LiveWire has a dedicated focus on the electric motorcycle
sector. LiveWire’s majority shareholder is Harley-Davidson, Inc.
LiveWire comes from the lineage of Harley-Davidson and is
capitalizing on a decade of its learnings in the EV sector.
LiveWire plans to develop the technology of the future and invest
in the capabilities needed to lead the transformation of
motorcycling.
About KYMCO
With over 60 years of expertise in powersports, KYMCO has
excelled in offering world-class scooters, motorcycles, and ATVs
that combine quality, style, and advanced technology. Committed to
sustainability and innovation, KYMCO empowers riders globally,
pushing the boundaries of performance and shaping a cleaner, more
connected future.
Learn more about KYMCO at www.kymco.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241105847210/en/
LiveWire Jon Bekefy jon.bekefy@livewire.com
Harley-Davidson George Prassas
george.prassas@harley-davidson.com
Media, Images, & Video www.livewire.com/media
media@livewire.com
Livewire (NYSE:LVWR)
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부터 10월(10) 2024 으로 11월(11) 2024
Livewire (NYSE:LVWR)
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부터 11월(11) 2023 으로 11월(11) 2024