LiveWire cited 'recurring operating losses' despite an 80 percent US market share in its segment.
LiveWire
Harley-Davidson's electric motorcycle spinoff LiveWire has raised "substantial doubt" about its ability to continue as a going concern, the company said in its latest financial report . LiveWire cited "recurring operating losses, negative cash flows... and limited liquidity resources" as contributing factors to its determination. The warning comes despite a rise in LiveWire's sales this quarter and its 80 percent market share in the 50+ kW on-road EV segment.
To address those issues, LiveWire said it has formed a "special restructuring committee" to explore financing, a sale, restructuring, strategic partnerships and other options. It withdrew previous guidance projecting a 2026 operating loss in the $70 million to $80 million range.…