Harley-Davidson halts production of e-motorcycles:
Harley-Davidson Inc. has stopped production and deliveries of its first electric motorcycle after discovering a problem related to the vehicle's charging equipment, a major setback for a product the company is counting on to rejuvenate sales.
"This is disappointing for all of us," Michelle Kumbier, the company's chief operating officer, wrote in a memo sent to dealers last week and viewed by The Wall Street Journal. Car and motorcycle makers have invested heavily in developing battery-powered vehicles. But broad adoption of electric motorcycles is expected to be tempered by the high cost of the bike batteries, limited range before they need to be recharged and charging times themselves.
Dealers have said that charging so much for the LiveWire leaves it vulnerable to losing sales to lower-priced competitors in the nascent electric-motorcycle market. Analysts said Harley needed a smooth rollout of the electric bike after years of disappointing sales for new models.
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