LiveWire Group, Inc. Reports First Quarter Financial Results

Cycle News Staff | April 28, 2023

LiveWire Group, Inc. reported its first quarter results.

LiveWire S2 Del Mar

“LiveWire continues to invest in advancing our core technologies and expanding our product portfolio. The Del Mar is rapidly moving towards production with the first deliveries in the U.S. targeted for Q3 2023. We’re excited to bring the brand to Europe with two outstanding products, first the LiveWire ONE® and then the Del Mar™,” said Ryan Morrissey, President, LiveWire.

First Quarter 2023 Business Highlights

  • Sold 63 LiveWire ONE electric motorcycles compared to 72 LiveWire ONE electric motorcycles in the prior year.
  • Continued development of the Del Mar platform during the quarter to ready Del Mar for production ramp-up with first deliveries targeted for Q3 2023.
  • On track to expand European distribution with retail partners in 4 priority markets with sales of LiveWire ONE expected to begin mid-May followed by Del Mar introduction.

To view the complete report, visit https://investor.livewire.com

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