Harley-Davidson spin-off LiveWire says there’s “substantial doubt” it can continue.
The electric motorcycle brand said issues like “recurring operating losses” and “negative cash flows” are raising concerns about its future, despite an increase in sales compared to last year. As Engadget reports, LiveWire said it “formed a special restructuring committee” to look into possible solutions, including a sale or restructuring. [Link: Harley-Davidson's electric motorbike brand has 'substantial doubt' about its future - Engadget | https://www.engadget.com/2302065/harley-davidsons-electric-motorbike-brand-has-substantial-doubt-about-its-future/ | Engadget]
The electric motorcycle brand said issues like “recurring operating losses” and “negative cash flows” are raising concerns about its future , despite an increase in sales compared to last year. As Engadget reports, LiveWire said it “formed a special restructuring committee” to look into possible solutions, including a sale or restructuring.
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