H-D and Alta Motors Part Company in EV Land
#1
H-D and Alta Motors Part Company in EV Land
I just saw this on the "Asphalt and Rubber" web site:
https://www.asphaltandrubber.com/rum...p/#more-156853
Dunno what to make of it. I kinda thought Alta was supposed to be H-D's EV brain trust going forward. Anyway, the article is kinda interesting in so far as discussing where H-D is left in getting EV design/build help.
https://www.asphaltandrubber.com/rum...p/#more-156853
Dunno what to make of it. I kinda thought Alta was supposed to be H-D's EV brain trust going forward. Anyway, the article is kinda interesting in so far as discussing where H-D is left in getting EV design/build help.
#2
Personally, I thought the HD ambitions towards an E-bike were misplaced. They rode a wave of interest in the marketplace over the last few years by prototyping the Livewire, then someone expressed interest in pairing with Alta (who make outstanding E-bikes IMO, I've ridden one and was very impressed), but now I feel like the interest is fading for a couple reasons. This confirms it further, but firstly was the unspoken delay in the claimed 2019 release of the Livewire with absolutely no mention of it as a 2019 model during the Dealer Show in San Diego.
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Unless I'm wrong and everything I read is wrong, please correct me but Alta was in this deep....
#9
Alta has been around for 8 years, has pulled in over 40 million in investor capital and their first bike, Redshift, just came to market this year. Despite all the press fawning, it doesn't appear they have caught much attention from buyers though.
To me it sounds like a classic silicon valley start up story: Open doors, make something derivative but say it's ground breaking, hope a bigger company buys you out before all your investment capital dries up.
Last edited by Gazzalodi; 08-31-2018 at 12:44 PM.
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