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Harley Receives DoE Grant for Ebikes

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  #1  
Old 07-20-2024 | 09:47 PM
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Default Harley Receives DoE Grant for Ebikes

I'm curious to see what they come up with
 
  #2  
Old 07-21-2024 | 05:20 AM
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I went to another site and looked this up so I may have interpreted it wrong.

Harley will not come up with anything....

This is part of the Inflation Reduction Act targeting at risk or closed manufacturing sites. It will bring new jobs to the area and designed to expand existing facilities. "Harley-Davidson, Wisconsin’s iconic motorcycle maker, will receive an $89 million grant to expand a manufacturing plant in Pennsylvania for electric motorcycle production."
They also get money to supplement transportation (for employees I gather), day care and mental wellbeing.

Senator Casey said that the demand for electric vehicles is growing stronger! per the article (which is the fed press release)

The "live wire" is also mentioned in the article. So it really did not matter if the Live Wire failed miserably when they get that amount of our money to continue.

Make of it what you will. I realize that is my opinion regarding the Live Wire and it means nothing.

They already did satisfy the criteria to get a grant and I cannot blame them for taking advantage of government programs. This impacts the York facility.

They are ok with being called a "at risk" or "closed" manufacturing site I guess.
 

Last edited by GeneseeGap; 07-21-2024 at 05:29 AM.
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  #3  
Old 07-21-2024 | 06:38 AM
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Weird so much misinformation… I could sware I recently just read a article I thought was legit, saying Harley just did or is going to, completely shutdown Live-Wire due to loosing money? So much fake news out there now… I guess I’m gullible.
 

Last edited by Rains2much; 07-21-2024 at 06:39 AM.
  #4  
Old 07-21-2024 | 10:07 AM
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Originally Posted by Rains2much
Weird so much misinformation… I could sware I recently just read a article I thought was legit, saying Harley just did or is going to, completely shutdown Live-Wire due to loosing money? So much fake news out there now… I guess I’m gullible.
You are not wrong....it is in plenty of respected magazine/stock sites that HD lost a ton of money but when the govt. gives you back that money to continue they will not stop the brand....

I do not blame them from a business sense....

The info I read was for the DoE and its press release regarding the grant so it is straight from the "source"....
 

Last edited by GeneseeGap; 07-21-2024 at 10:09 AM. Reason: spelling
  #5  
Old 07-21-2024 | 10:15 AM
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I'm not a fan of government subsidized businesses, especially this green sector bullshit. A good business model is to make good products with a reasonable price that there's a demand for, and the business will thrive. The consumer makes the decision, not the government with the subsidies.
 
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  #6  
Old 07-21-2024 | 10:55 AM
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The market for ebikes, from bicycles to motorcycles, is definitely there and it will continue to grow. If the MoCo can get a piece of it, I'm okay with that. But I don't want to subsidize that with my tax dollars.
 
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  #7  
Old 07-21-2024 | 11:53 AM
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If Harley closes, Wall Street and big banks will lose money. Far easier to get the DoE to cough up money to bail out the investors and lenders.
 
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