E-Motorcycle Product Report

Motorcycle purists either love them or hate them, but electric motorcycles are fast becoming a popular reality.  From daily commuters to off-roading to track racing, we’ve seen all kinds of electric bikes hit the road over the past couple of years. There’s an increasing array of e-bikes catering to riders of all shapes, sizes, and kinds coming to market.

Here is a small sample of some of the leading OEMs and their electric motorcycle products.

Can-AM/BRP. The first Can‑Am motorcycles are expected to hit the road before the end of 2024. The Canadian Can-AM team is testing bikes in all possible usage conditions, and early feedback from test riders is that two new models deliver a powerful and smooth riding experience. The models include the Can-Am Origin dual-sport and Can-Am Pulse street bike, both slated to launch in mid-2024. Both models are still undergoing testing while construction is underway for a new plant in Querétaro, Mexico, which will produce the electric bikes.

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Outboard Marine Engine Market Hits $5.5 Billion

GLOBAL REPORT

The global Outboard Marine Engine Market size is estimated at $5.54 billion in 2023, and is expected to reach $8.99 billion by 2035, growing at a CAGR of 4.1% during the forecast period, according to research by Power Systems Research.  

The COVID-19 outbreak significantly impacted the boat manufacturing industry and caused a decline in recreational activities worldwide, which hurt outboard motor sales. However, in 2021, the market regained momentum due to the easing of restrictions. The market is expected to register healthy growth in the coming years.

There are generally three types of boat drives including inboard, outboard, and sterndrive. One obvious distinction among them is their placement of motor in the boat.

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Van Hool To End City Bus Production in Belgium

GLOBAL REPORT
Chris Fisher
Chris Fisher

Van Hool has announced its exit from the City Bus business and focus on Hydrogen fuel cell coaches which appears to have been a serious miscalculation.  As the market transitions away from internal combustion engine buses toward battery electric buses, Van Hool has been left behind.

Van Hool recently lost a bid for 300 electric city buses to BYD which assembles their buses in Hungary at a lower cost than Van Hool could manufacture these in Belgium.  It was reported that the BYD bid was approximately 20% less than the Van Hool bid. This along with other issues will result in Van Hool ending most if not all of their bus and coach operations in Belgium and transfer the bus and coach making activities to their assembly plant in Macedonia. 

However, Van Hool will need a significant cash infusion in a short period of time to cover the cost of their existing debt and the coming redundancy payments in order to stave off insolvency.

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