KYMCO likely to follow Harley-Davidson’s lead, spin-off electric motorcycle division with IPO
December 18, 2021
KYMCO, the largest motorcycle and scooter manufacturer in Taiwan, says it is likely to spin-off its IONEX line of electric vehicles as a new public entity with an overseas IPO. The move would take a page out of Harley-Davidson’s book.
Back in the summer, Harley-Davidson announced that its single electric motorcycle, the Harley-Davidson LiveWire, would be spun off into its own startup known…