UBCO was unique, and so was the two-wheel-drive motorcycle that they made. The receivership is a stark reminder of the perils of going too niche in a global E2W market that is yet to mature to create space for small players.
Livewire has further added to the S2 range with a third model. The S2 Alpinsta, the 'cheapest' Livewire, further builds on the S2 platform but is it a significant effort?
The Canadian-Californian company's restructuring seems to be continuing as Derek Dorresteyn, the long-time CTO of the company is gone.
One small step for Yadea, a big leap for the electric mobility industry. The technology comes with all the limitations we expected with Na-ion
The KTM crisis continues to unfold and Pierer Mobility has restructured the board, replacing the chairman.
Being the market leader in India has been the primary calling card of Ola Electric. Acquiring Etergo and getting the AppScooter to production before the competition could enter the market meant that Ola could gain market leadership. Now, the market is maturing and others are inching ahead.
India based Bajaj Auto makes a comprehensive update to the Chetak
Pierer Mobility's problems are even more serious than estimated before. The unsold inventory at KTM is likely a year's worth of sales.
Vmoto has announced its plans to delist from the Australian Stock Exchange (ASX). The company is unhappy with the market cap it attracts on the ASX, which it feels is not in line with its fundamental value.
Jay Giraud is gone, and co-founder Dominique Kwong has stepped in as interim CEO. Meanwhile, funding remains elusive for the Hypersport to be produced
Ola Electric, the E2W market leader in India announced four new moped models. This would be an all new low-power model range energised by the company's new portable battery packs targeted at fleet operators
KTM caused tremors in the motorcycling world by applying for judicial restructuring. The company cannot repay loans due in the near term because of unsold inventory. This is shocking for a motorcycle manufacturer that happily distributed dividends till last year.
