During the corresponding time, Livewire Group Inc recorded a revenue increase by 55.2 % year on year, sequentially revenue grew by 78.2 %. While revenue at the Livewire Group Inc 's corporate clients
Livewire Group Inc's Comment on Sales, Marketing and Customers
The Electric Motorcycles segment sells S2 electric motorcycles through dealers who conduct local marketing and events, with retail sales aligned seasonally from mid-March through August. These motorcycles are purchased from Harley-Davidson (H-D) under a Contract Manufacturing Agreement, with powertrains assembled at H-D's Powertrain Operations in Menomonee Falls, Wisconsin, and vehicle assembly in York. The segment sources raw materials such as battery cells, semiconductor chips, steel, aluminum castings, forgings, steel sheet and bar, as well as motorcycle components including batteries, tires, seats, electrical components, instruments, and wheels from various suppliers.
The STACYC segment designs and sells electric balance bikes for children and an adult pedal-assist electric bike. It distributes products wholesale to independent dealers and distributors and sells directly to consumers online. STACYC's product lineup includes 12- and 16-inch electric balance bikes for riders aged 3 to 8 years, with some co-branded products developed in partnership with other brands.
Livewire Group Inc’s Comment on Sales, Marketing and Customers
The Electric Motorcycles segment sells S2 electric motorcycles through dealers who conduct local marketing and events, with retail sales aligned seasonally from mid-March through August. These motorcycles are purchased from Harley-Davidson (H-D) under a Contract Manufacturing Agreement, with powertrains assembled at H-D's Powertrain Operations in Menomonee Falls, Wisconsin, and vehicle assembly in York. The segment sources raw materials such as battery cells, semiconductor chips, steel, aluminum castings, forgings, steel sheet and bar, as well as motorcycle components including batteries, tires, seats, electrical components, instruments, and wheels from various suppliers.
The STACYC segment designs and sells electric balance bikes for children and an adult pedal-assist electric bike. It distributes products wholesale to independent dealers and distributors and sells directly to consumers online. STACYC's product lineup includes 12- and 16-inch electric balance bikes for riders aged 3 to 8 years, with some co-branded products developed in partnership with other brands.
Sources:
Livewire Group Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Livewire Group Inc’s corporate clients.
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