>
SpaceX Starship Flight 13 launch updates: Starship undergoing preparations to launch tomorrow
MAJOR WAR UPDATE: Iran & US Both Sinking Tankers In Hormuz As War Spirals Out Of Control...
Why Planned Parenthood Should Not Receive Federal Funds
Ukraine blitzes another 19 Russian tankers overnight, with 136 vessels now hit in ten days...
Modular Reactors To Solve Data Center Hysteria?
DeepSeek Developing In-House AI Chip In Bid To Cut Nvidia Reliance
America just took three brand-new nuclear reactors critical in thirty days, a first for any...
Your brain doesn't peak in your 20s after all: Study reveals your mind is at its sharpest betwee
Compasses, not maps: China is building a different type of AI
Farewell, atom-smashing Large Hadron Collider
It's Not a Conspiracy Anymore: Med Beds Exist and Trump Knows It

It's been a typical market view in recent history that when a European oil major invests in renewable energy, like wind or solar, while ExxonMobil stays away, the decision is as much about being a European company as it is about being a fossil fuels one. But for the new European CEO of iconic American motorcycle maker Harley-Davidson, the push into electric bikes is simply an undeniable part of the motorcycle's future.
"Electrification is a given," Jochen Zeitz, Harley-Davidson CEO, said last week at the CNBC Evolve Global Summit. "The future will be electrified also in motorcycling."
Electric bikes bring a focus on a new urban consumer, and also play into the bigger consumer idea that Zeitz — who took over as CEO last February — is pinning the motorcycle maker's success to: "desirability."
After having shored up the company's financial situation — a strategic plan called Rewire that included cutting back on the company's geographic focus to key global markets, and which the stock market has rewarded Harley for since Zeitz took over — its shares are up 20% this year alone and even more in the one-year period — the CEO and his team are selecting the categories where it can become one of the leaders, or in the least, forge a path to profitability.
Electric bikes are a big part of the plan.
"We want to lead in electric," Zeitz said at the CNBC Evolve event.