Analyzing LiveWire's e-bike business failure from @maxxrosenblum
The creator analyzes the failure of Harley Davidson's LiveWire brand by presenting sales data and comparing it to Tesla. He diagnoses the problem as a lack of product-market fit and high pricing, arguing that the future of electric two-wheelers lies in affordable scooters for Asian markets rather than expensive motorcycles for the US.
Creator: @maxxrosenblum on Instagram
Transcript
Ebikes have an adoption problem. Let's talk about it. You thought electric cars were having a tough year? Harley Davidson spun off its EV motorcycle brand Livewire, betting it could sell 101,000 bikes by tier. '6. That meant growing sales faster than Tesla ever did, a 600% jump in a single year. But in q two this year, they sold just 55 bikes. That's less than one bike per day, even with a modular $500,000,000 capital infusion, unit sales are collapsing down 65% year over year. Operating losses
Topics: Business, Automotive, Marketing, Entrepreneurship
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