You most likely do not want me to inform you that occasions are robust proper now. To some extent or one other, you are seeing it in your personal life. Whether or not it is the value of eggs, the value of heating your own home this winter, or one thing else fully. Residing is pricey.
Firms nonetheless aren’t folks as we begin off 2025. However in a bizarre method, it is nonetheless type of comprehensible that LiveWire moved again in with father or mother firm Harley-Davidson in 2024. As a result of stuff, it’s costly, and it does not look to be getting any cheaper any time quickly.
In that vein, LiveWire seems to be drawing in even nearer to Harley-Davidson’s heat to kick off the New Yr. In a brand new submitting with the US Securities and Change Fee, the American EV motorbike maker spells out in nice element the phrases of a brand new settlement it is simply put into place with its father or mother firm.
Put merely, it’s ‘outsourcing’ an enormous variety of enterprise features again to Harley-Davidson, for which it’s going to pay its father or mother a month-to-month payment. Is that just like the enterprise model of when your mother and father ask you to pay hire?
What sort of providers are we speaking about? This is the total listing:
Companies supporting testing and growth
Product regulatory help
Coloration supplies
Finishes
Paint and graphics
Technical publication
Utility help and upkeep
Service desk help
Warehousing help
Manufacturing growth
Security investigation
Advertising and marketing automobile and fleet middle
Information privateness and safety providers
Administration
Human assets
Surroundings Well being and Security (EHS)
Insurance coverage
High quality Administration System (QMS)
Guarantee analytics
Provide chain administration
Engineering
Buyer and vendor help
Environmental Social and Governance (ESG) help
Monetary reporting and accounting providers
Finance help providers
Fleet gross sales and advertising and marketing help
Contemplating that Harley-Davidson already produces LiveWire bikes for its EV baby, which it then ships to wherever LiveWires are offered (each within the US and Europe at the moment), it is turning into much less clear the place Harley ends and LiveWire begins.
For all intents and functions, LiveWire is legally a separate enterprise entity. That was your complete objective of the much-ballyhooed SPAC merger the agency accomplished to be spun off in the beginning of 2022. And as all of us at RideApart have stated earlier than, we’re not a enterprise publication.
However for those who’re utilizing the identical folks and similar assets to make totally different machines, are you continue to your personal firm?
On paper, possibly. However is that each one?
