Harley Davidson’s CEO Matt Levatich just confirmed that the company is on track to meet its goal of releasing a fully electric motorcycle in 2019. According to Levatich, Harley Davidson wants to use the new line of electric motorcycles to help reach a younger audience focused more on utilitarian, urban transportation.
It is no secret that Harley Davidson’s core base is aging, resulting in year after year of declining sales. Without a serious pivot, Harley Davidson’s ridership will keep plummeting.
But it appears that Harley Davidson is keenly aware of the challenge they face and will need to adopt a shift in mentality in order to be successful moving forward. According to Levatich:
Our future must be more about the software. Not digital code software, but people. And how they think, and why they ride, and in fact, maybe why they don’t ride. The numbers are clear and they do not support the status quo. Overall ridership needs to grow in order for our industry to remain vital. It’s plain and simple.
In an interview with TheStreet, Levatich further laid out how the company’s plans for a fully electric motorcycle in 2019 can help achieve their goal of reaching a younger audience:
We continue to see electric vehicles as a tremendous opportunity. These motorcycles are easier to ride than bicycles, they lend themselves to urban environments where our product is maybe less targeted or less suited. They are suited to a generation of people that don’t have the mechanical depth of experience that maybe boomers had with manual transmissions and clutches.
With an anticipated late summer ’19 release of their first production electric motorcycle, Harley Davidson could be well on their way to redefining their focus towards a younger, more urban customer base that values utility and convenience over decibels and chrome.
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