LIVEWIRE GROUP INC - LVWR STOCK NEWS

LiveWire has unveiled dedicated Patrol versions of its S2 Del Mar and Alpinista electric motorcycles, specifically designed for law enforcement and security use. Built in York, Pennsylvania, these models leverage Harley-Davidson's fleet and law enforcement expertise.

The company has secured its first fleet deal with St. Cloud, Florida police department for S2 Patrol Del Mar models. Standard S2 models are priced from $15,999 to $16,249 USD, featuring safety elements like cornering enhanced ABS, drag-torque slip control, and traction control. They come with a 5-year unlimited mileage warranty on the high-voltage battery and 2-year warranty on the motorcycle.

The Patrol kit includes additional features such as tip-over protection, storage cases, 120dB siren, LED lights, and AUX power supply. The vehicles offer benefits including twist-and-go operation, low heat signature, minimal vibration, and excellent low-speed maneuverability, making them suitable for various patrol scenarios including indoor use at conventions and stadiums.

LiveWire Group's subsidiary STACYC has announced the launch of its first adult electric bike, the 20hDRIVE. This Class 2 E-Bike represents the company's expansion into new markets, designed to complement their existing line of electric balance bikes for young riders.

The 20hDRIVE features both pedal assist and twist-throttle capabilities, reaching speeds up to 20mph with a range of 25-35 miles per charge. The bike is powered by two 36V 6Ah batteries with a 45-minute charge time per battery and includes a 500W Brushless Hub Motor. Key features include three speed modes, hydraulic disc brakes, and a full-color LED display.

The product will be available starting March 11th at select retailers and online, priced at $2,199. The bike maintains compatibility with STACYC's existing battery platform, allowing families to share power sources across multiple STACYC products.

LiveWire Group (NYSE: LVWR) reported its Q4 and full-year 2024 results, highlighting a planned 40% reduction in cash burn for 2025. The company recorded a consolidated net loss of $93.9 million for 2024, an improvement from $109.6 million in 2023. Q4 2024 saw unit sales of 236, marking a 138% increase over Q3 2024.

Key financial metrics include a 30% decrease in consolidated revenue to $26.6 million and a 5% improvement in consolidated operating loss to $110.4 million. The Electric Motorcycles segment saw a 27% revenue decline, while STACYC segment revenue dropped 31%. The company's selling, administrative and engineering expenses decreased by $12.6 million.

For 2025, LiveWire projects Electric Motorcycle sales of 1,000 to 1,500 units and expects an operating loss between $70-80 million.

LiveWire Group (NYSE: LVWR) has announced it will release its fourth quarter and year-end 2024 financial results before market hours on Wednesday, February 5, 2025. The company will host an audio webcast from 8-9 a.m. CST, where LiveWire leadership will join Harley-Davidson's webcast to discuss financial results, business developments, and company outlook updates.

Participants are advised to register at least 10 minutes before the start time and can access presentation slides through the investor relations website. A replay will be available approximately two hours after the call ends. LiveWire, which is majority owned by Harley-Davidson, specializes in the electric motorcycle sector.

LiveWire has launched its third motorcycle on the S2 platform, the S2 Alpinista, now available in North American and European dealers at an MSRP of $15,999 USD. This sport standard motorcycle features 17" wheels and tires, combining street, sport, and hyper-tourer characteristics.

The Alpinista boasts impressive specifications including 84 horsepower, 194 lb-ft of torque, and accelerates from 0-60 mph in 3.0 seconds. Weighing 434 pounds, it offers a range of up to 120 miles in city driving and 71 miles on highways. The motorcycle includes Level 1 and Level 2 charging capabilities, with charging times of 5.9 hours (L1, 20-80%) and 78 minutes (L2, 20-80%).

Key features include a 6-axis IMU from Bosch providing enhanced cornering and traction control, four preset ride modes, and two custom modes. The company plans to release various accessories throughout Q1 and Q2, including seats, windscreens, and luggage options.

Damon Inc. (Nasdaq: DMN) has made its debut on the Nasdaq Global Market with over $100 million in deposit-backed reservations for its flagship HyperSport and HyperFighter electric motorcycles. The company's motorcycles deliver up to 200 hp, 200 mph, and 200 miles of range, competing directly with premium ICE motorcycles. Notable demographics show 24% of reservations are from non-motorcycle owners, and their customer base is 19 years younger than the average American motorcyclist. Damon's technology includes CoPilot™, an AI-enhanced collision warning system, and Shift™, electronically adaptive ergonomics. The company aims to begin production in 2025, targeting a motorcycle market projected to reach $225.8 billion by 2032.

LiveWire Group announces an exclusive collaboration with Anti Social Social Club (ASSC) to create a one-of-one edition S2 Del Mar electric motorcycle. The custom-built motorcycle, priced at $22,509, celebrates ASSC's 10-year anniversary with Y2K gaming hardware-inspired design. Features include transparent body panels with ASSC logo, custom embroidered seats, and a matching Alpinestars helmet. The motorcycle will debut at ComplexCon Las Vegas (Nov 16-17, 2024) and will be available for purchase online through ASSC's website. The S2 Del Mar offers 113 miles city range, 70 miles highway range, and can accelerate from 0-60 in 3.0 seconds.

LiveWire (LVWR) and KYMCO have expanded their strategic partnership to develop LiveWire's first electric maxi-scooter, primarily targeting the European market. The new vehicle will utilize LiveWire's S2 powertrain and is scheduled for launch in the first half of 2026. This collaboration builds upon their existing partnership from 2022, when KYMCO invested in LiveWire. The project combines KYMCO's expertise in premium scooters and EV technology with LiveWire's S2 Arrow powertrain technology to create a commute-friendly maxi-scooter focused on urban mobility.

Azenta (NASDAQ: AZTA) has appointed three new independent directors to its Board: William Cornog (former head of KKR Capstone), Quentin Koffey (Founder of Politan Capital Management, owning 9.4% of Azenta), and Alan Malus (former Executive VP of Thermo Fisher). The company established a new Value Creation Committee to focus on long-term value creation, growth initiatives, and capital deployment. The committee will be chaired by William Cornog and includes the new directors along with CEO John Marotta and current director Martin Madaus. Azenta has also reaffirmed its full-year 2024 financial guidance previously announced on August 6th, 2024.