HarleyDavison invests in electric vehicle company

The Milwaukee company said Thursday that it has made an equity investment in Alta Motors, an innovator in lightweight electric vehicles. Harley-Davidson wasn’t specific on the investment.The company has previously said it’s committed to aggressively investing in electric vehicle technology and has announced the planned release of its first electric motorcycle in 2019. Alta Motors’ manufacturing operation is headquartered in Brisbane, California. Citation: Harley-Davison invests in electric vehicle company (2018, March 1) retrieved 18 July 2019 from https://phys.org/news/2018-03-harley-davison-invests-electric-vehicle-company.html Explore further Nissan to invest $9.5 billion in China to drive sales Harley-Davidson says it will collaborate with Alta Motors on the motorcycle maker’s plans for an electric bike. © 2018 The Associated Press. All rights reserved. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.