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Powersports Business • January 2024 • 27

LEV Manufacturing , Inc . ( formerly known as Life Electric Vehicles , Inc .), a prominent e-bike manufacturer and Lane VC and mobility-focused investment firm , announced the acquisition of Serial 1 Cycle Company , LLC , formerly owned by Harley-Davidson .

The establishment of Serial 1 as an independent brand in 2020 combined Harley- Davidson ’ s product development capability and leadership in two-wheel electric propulsion with the agility and innovation of a startup brand dedicated to an e-bike product . The acquisition positions Serial 1 for even greater success and long-term growth with its expertise in USA-Based E-Bike Production , Service and Support .

Serial 1 ’ s partnering with LEV Manufacturing ensures its commitment to quality and its premium e-bike offerings will be upheld by a dedicated in-house production team in the U . S . The addition of new U . S . -based service and support teams will help lower bike prices throughout the Serial 1 network .

Serial 1 ’ s executive team expressed enthusiasm , stating , “ Bringing E-Bike production to the USA is an important next step for the Serial 1 Brand . We couldn ’ t be more thrilled to announce this acquisition with a perfect partner in LEV Manufacturing , which will help Serial 1 better serve our customers , dealers and master distribution partners worldwide . The added benefit of reducing production costs and subsequently lowering the MSRP is a significant win for our consumers and partnerships .”

LEV Manufacturing says ,“ This is the perfect marriage of a great premium American brand with exceptional quality-driven American manufacturing . We are very excited to add more jobs to the USA and continue to create world-class products with the acquisition of Serial 1 .”

Serial 1 , a former Harley-Davidson brand , has been acquired by LEV Manufacturing . Photo courtesy of

Serial 1

With more than 25 years of EV innovation , KYMCO announced three technologies at EIMCA 2023 to accelerate the adoption of electric motorcycles : The Ionex Battery-asa-Service Solution for energy companies , the Ionex Battery Metering Unit for EV manufacturers and the Ionex Energy Station for battery-swapping network operators .

“ Today , we stand on the brink of a remarkable transformation in the world of mobility .

A shift that reshapes the way we move , a change that KYMCO leads ,” says Allen Ko , chairman of KYMCO .

KYMCO ’ s vision for the EV future focuses on energy companies providing riders with battery services for electric motorcycles . With this battery service , riders receive batteries from energy companies with guaranteed performance and pay only for battery usage .

According to KYMCO , EV manufacturers can use this technology to introduce electric motorcycles with integrated onboard battery metering . Without battery costs , electric motorcycles are more affordable .

Battery-swapping network operators can then deploy thousands of battery-swapping stations , KYMCO says , erasing range anxiety . Battery-swapping networks provide riders with zero-wait charging and unlimited range .

KYMCO ’ s vision for the EV future focuses on energy companies providing riders with battery services for electric motorcycles . Photo courtesy of KYMCO