Harley-Davidson’s Electric Division Going Public in 2022

Harley-Davidson’s Electric Division Going Public in 2022
Harley-Davidson's new electric motorcycle, LiveWire, is shown in this handout photo released by Harley-Davidson. Harley-Davidson Motor Company/Handout via Reuters
Naveen Athrappully
Updated:
Harley-Davidson’s electric bike division is going public through merging with a special acquisition company (SPAC) in a deal valued at approximately $1.77 billion, the iconic global motorcycle brand announced on Monday.

The transaction will net the division, Livewire, which has been operating independently since 2019, with proceeds of around $545 million that the company plans on investing in product development and improving on its manufacturing and distribution capabilities.

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