A couple of weeks ago, we wrote a comprehensive report on what went wrong with KTM. While we covered most of the facts in the public domain at that time, it seems that KTM has more problems than we initially thought. According to the German publication Der Standard, citing court documents, KTM has...
From Vmoto’s press release: We have regularly reported on Vmoto’s newfound energy and strategy of entering markets through early-stage investments in fleet-operating businesses. Most of these investments have been in the form of scooters, batteries, chargers, and swapping stations. A couple of days back, Vmoto stitched together another similar relationship in Mexico...
As 2024 ends, it is time to reflect on the strides the electric mobility industry has made this year. Honda Honda has finally started taking baby steps towards electrification. This year, it entered the CR Electric Pro in the international electric motor racing series, the FIM Explorer World Cup. However, the CR Electric is...
Editor’s Note: We recorded this a few days before Jay Giraud was replaced as CEO. However, that does not change the importance of the interview. Damon Motors just went public a few days ago through a listing on the NASDAQ. This is a significant event for the E2W industry. Damon is...
Management Shakeout at Damon There is a lot of flux at freshly listed Damon Motorcycles as they struggle to get the promising HyperSport electric superbike to production. Yesterday, they announced a new interim CEO and a new Chairman of the Board. Jay Giraud is out as CEO. In his place, the board...
We have covered Vmoto in detail in the past. They are a high-quality electric two-wheeler manufacturer focusing on design and engineering, but their lack of scale hampers them. This means they are unlikely to be a significant player in the two most important global two-wheeler markets—India and China. So, Vmoto has...
Typically, we don’t cover any European lifestyle motorcycle brands filing for bankruptcy. Most brands have been in trouble more than once in their history. The lifestyle motorcycle industry is passionate, and the market is brutal. But when KTM’s parent, Pierer Mobility AG, announced plans for voluntary judicial restructuring a few days...
Honda is good at making different iterations of the same platform to cater to the local flavor of the market. It does so well with its 110cc—125cc scooter range in Asia, employing the same engines, transmissions, and even mainframes across the ASEAN and Indian markets. Some then make their way...
We write this just a few weeks after Royal Enfield unveiled the Flying Flea sub-brand and the C6 and S6 motorcycles at EICMA 2024. Royal Enfield makes 350cc air-cooled singles, 450cc liquid-cooled singles, and 650cc air-cooled twins. RE stands for calm Nearly all of these motorcycles have a signature exhaust note. So ‘signaturish’...
We covered Ola’s likely product launches in our previous Daily Update; the CEO had teased a new scooter/moped and a portable battery pack. Ola came good with the announcement yesterday (26-Nov-24) with an online reveal of the portable battery, the PowerPod dock that can work as a home power backup,...
DMN Under Pressure Damon started trading on the Nasdaq on November 18th with the DMN ticker. The developer of the Hypersport electric superbike has been struggling due to a lack of funding, and the listing was expected to ease the pressure. That hasn’t happened. DMN opened at USD 4.0 on November 18th...
KTM to apply for judicial restructuring Yesterday afternoon (GMT), Pierer Mobility AG, KTM's parent company, announced that it is preparing an application for judicial restructuring proceedings with self-administration. This is seen as a defense against forced liquidation that the company may face soon. KTM needs finance amounting to a high three-digit...
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