Harley-Davidson is releasing details about the electric motorcycle it's rolling out this year that it hopes will capture the imagination of a new generation of riders and put a charge into its diminishing sales.
The LiveWire, which will soon be available in a limited number of dealerships, will cost nearly $30,000 and can go zero to 60 mph in three seconds. There is no clutch and no shifting.
The company said Thursday that buyers will have access to free charging at participating LiveWire dealers for the first two years.
The Milwaukee motorcycle company has struggled with declining sales and an aging client base in the U.S. and abroad.
Its U.S. motorcycle sales declined 4.2% and international sales fell 3.3% in the first quarter of this year.
Harley's traditional, non-electric motorcycles range from about $6,900 for a compact, urban model to nearly $44,000 for a fully-loaded touring bike.
Additional free charging will be provided by Electrify America, a Volkswagen subsidiary created to build charging sites after Volkswagen settled charges that it cheated on diesel emissions.
Before you consider Harley-Davidson, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Harley-Davidson wasn't on the list.
While Harley-Davidson currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
