Unions End Partnership Agreement with Harley-Davidson

Two labor unions have ended a partnership agreement with Harley-Davidson, citing differences with how the Bar & Shield brand handles staffing issues at its factories (Harley has been accused of replacing hourly union workers with temporary seasonal workers). The move comes after a meeting on Monday, which saw leaders from the International Association of Machinists & Aerospace Workers (IAM), United Steelworkers (USW), and Harley-Davidson President & CEO Matt Levatich unable to agree on how to handle staffing issues going forward. While the disagreement ends an accord that has existed between the unions and Harley-Davidson for the past two decades, it does not affect the collective bargaining agreement that the unions have with Harley-Davidson, which has been incorrectly reported elsewhere.

US House of Representatives Passes Self-Driving Car Bill

Say what you will about American politics, but the US House of Representatives has passed the “SELF-DRIVE Act” (H.R. 3388) – a bipartisan bill that would open up autonomous vehicle regulation for manufacturers. The big advantage of the SELF-DRIVE Act is that it would supersede the varying and ad hoc state rules that manufacturers must currently adhere to while developing their autonomous platforms. The bill would also do away with some safety standards put in place for vehicles with drivers, such as where the steering wheel and foot pedals must be located. Lastly, the SELF-DRIVE Act would require the Department of Transportation (DOT) to research and develop a way of conveying to consumers the level of automation a vehicle possesses.

Is the MV Agusta Brutale 800 the Best Bike on the Market?

In early 2016, I was fortunate enough to ride the revamped and Euro4 version of the MV Agusta Brutale 800. On paper, the Brutale 800 lost power and gained weight, but the reality is that MV Agusta improved upon already one of its best-selling machines, in subtle and clever ways. Now a year-and-a-half later, the 2017 MV Agusta Brutale 800 is finally available in the United States, and I have been reunited with one of the best street bikes on the market. Spending almost all of last month with this motorcycle again, it is clear that not much has changed from a rider’s perspective, though internally improvements have been made to some of the weaker elements of the design, like the sprag clutch and valve train. While not much has changed with this year’s edition of the MV Agusta Brutale 800, I am mostly fine with that.

Lin Jarvis Talks Rossi’s Injury, Replacement, & Training

What happened when Valentino Rossi crashed? How serious is his injury? When will he be back? Who will replace Rossi, if he doesn’t return at Aragon? And what does Yamaha think of Rossi’s training methods? Yamaha boss Lin Jarvis spoke to a small group of journalists at Misano on Saturday morning, to answer these questions and much more. Jarvis knew about the accident very shortly after it had happened. “I knew before he got to the hospital,” Jarvis told us. “Albi [Tebaldi] called Maio Meregalli as soon as he got the news that Vale was on the way to the hospital. Maio called me straight away.” The good news was that Rossi’s injury was not as bad as the last time he broke his leg, at Mugello in 2010. “It’s much less serious,” Jarvis told us, “but probably just as irritating.

Aprilia Debuts Augmented Reality Helmet for MotoGP

While the launch of the Ducati’s Desmosedici Stradale V4 engine and leaked photos of the Ducati Panigale V4 dominated the news on Thursday, Aprilia Racing was quietly changing the sport of motorcycle racing, as it debuted an augmented reality helmet that its mechanics will wear in MotoGP. Aprilia has partnered with DAQRI and Realmore to make the augmented reality helmet come to fruition – DARQI is making the hardware, while Realmore is responsible for the software. As followers of augmented reality (AR) tech may already have guessed, Aprilia Racing’s AR helmet will allow its mechanics to visualize and share information, overlaid on what is occurring in the pit box. Aprilia Racing sees two major scenarios where using augmented reality could be of benefit.

More Leaked Photos of the 2018 Ducati Panigale V4

Apparently today is Ducati Day, as news continues to come from Italy about the Ducati Panigale V4 and its Desmosedici Stradale engine. Ducati has already spilled the beans on the new 210hp V4 engine it has been developing for its next superbike, but now we also get more spy photos of the Panigale V4 that will carry it. These latest spy photos show quite clearly the 2018 Ducati Panigale V4 that will debut later this November, at the EICMA show in Milan. Ducati CEO Claudio Domenicali confirmed the Panigale V4 name today, and for our A&R Pro members, we have gone into a lengthy analysis as to why Ducati is choosing to keep the styling and name of this machine so similar to the previous model.

Ducati Reveals the 210hp Desmosedici Stradale Engine

Hello and welcome to a new era of Ducati motorcycles, which is starting with a very special engine. Named the Desmosedici Stradale, this road-going version of the company’s MotoGP power plant is what is going to power Ducati’s next superbike, the Ducati Panigale V4. Debuting today in Misano, at a special event ahead of the San Marino GP, the mystery around the Desmosedici Stradale engine has finally be revealed, to the tune of 210hp (@ 13,000 rpm) and 88.5 lbs•ft of torque (@ 12,250 rpm). Dropping details on the 90° V4 engine with desmodromic valves, we now know that Ducati will continue to play the displacement game with its superbike, as the street version of the Panigale V4 coming with a 1,103cc displacement.

Verdict Reached in Alpinestars/Dainese Airbag Patent Case

A verdict has finally been reach in the German patent law dispute between Alpinestars and Dainese, concerning their respective airbag suit technologies. In the ruling, the “Landgericht” court in Munich found that Alpinestars violated two Dainese patents concerning its D-Air technology, and thus issued a verdict that sees Alpinestars forbidden from selling its Tech-Air products in Germany. Alpinestars will also have to pay Dainese restitution for damages incurred from Alpinestars selling Tech-Air products in Germany. The monetary amount of the damages will depend on how much Tech-Air product the Italian firm sold in Germany, which has yet to be determined. After the verdict, both companies issued press releases touting their side of the patent dispute story, with clearly no love lost between the two parties.

Ducati Divestiture Seemingly Stalls Out

For the past few months, talk of Ducati’s divestiture from the Volkswagen Group has grabbed the attention from news outlets and Ducatisti alike, as the future of the Italian motorcycle company seemed uncertain. Internally, a power struggle was a play, with Audi keen to unload Ducati from its books, but lacking the support from upper management in the Volkswagen Group. Talks reportedly hit the skids once it was realized that the Volkswagen labor unions, which control half of the seats on the Volkswagen Group management board, weren’t onboard with divesting Ducati from the holding group. This is probably information that investors would have liked to know, before they spent the time and resources putting together purchase proposals for Audi’s consideration.

Ducati Panigale V4 Spotted in Photo

Later this week, Ducati will debut its Desmosedici Stradale engine, the new 90° V4 engine that will power Ducati’s next superbike (amongst other models). To see Ducati’s next superbike though, we’ll have to wait until November’s EICMA show in Milan, Italy…or will we? This photo is going around the internet, purporting to show the new “Panigale V4” superbike. The photo looks legit, and looks very similar to the spy photos that we have seen of the Ducati’s new superbike machine. The bodywork on the Ducati Panigale V4 mimics very closely the previous generation Panigale (the v-twin model), though there are some obvious changes. It looks like the headlight recesses also channel air around the body, likely to aid in cooling the V4 engine.

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Looking to close its Series A round of financing, San Francisco EV startup BRD Motorcycles has had to rethink its investor-appoach strategy, as the venture capital market in California has gone through a reset as a result of the past economic recession.

“It has been brutal this past year talking to investors,” explained BRD Motorcycles CEO Marc Finegstein. “In fact, it was actually easier to raise capital during the recession than it is currently right now. For the last few years, you just had to be bullish…you know, polish your PowerPoint deck, shift your paradigm, and make sure you were best in breed. But now, with all the bad paper that has been going through the market, the traditional funding sources have all but dried up.”

Countless dinners and evenings wasted, Fenegstein often returned to the office the next day with nothing to show for his hard work from the night before. Facing increasing production and development costs, it was clear that something had to change in the company’s funding strategy.

So, when asked what sort of measures BRD was taking to close its funding objectives for the Series A round, the young CEO exhaled slowly, sat back in his chair, and only hinted at BRD’s new investor-pitch strategy. “Let’s just say our funding strategy is more ‘hands on’ than it was before with our investment circle,” he said while staring blankly out his office window.

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Scoot: The Zipcar for Scooters

09/17/2012 @ 4:21 pm, by Jensen Beeler5 COMMENTS

I am actually surprised this idea took this long to come to fruition, but someone has finally built a “Zipcar for scooters” business. For those not familiar with the idea, Scoot promises to offer urban commuters convenient access to its network of electric scooters that it has parked around in major metropolitan areas. From what we can gather, the idea is that members of the Scoot community pay a monthly fee to have access to these scooters (in addition to the hourly-usage rate), and can use the Scoot scooters around to run errands in cities like San Francisco.

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Brammo Raises $13 Million in Series C Funding Round

07/12/2012 @ 4:16 pm, by Jensen Beeler2 COMMENTS

Brammo announced today that it has raised another $13 million, in a Series C funding round that was lead by Polaris Industries. Hoping to secure a total of $45 million over the course of the entire round of funding, the investment by Polaris is the second one that American company has made into the Ashland-based electric motorcycle company.

Polaris first invested in Brammo back in October, as the Minnesota-based company was rumored to be taking a close look at a number of electric motorcycle firms for a strategic partnership. Ultimately settling on Brammo, Polaris was a part of the Oregonian company’s $28 million Series B funding round, and is said to have lead this current Series C tranche.

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After being courted by several major OEMs according to our sources, electric motorcycle manufacturer Brammo received a minority investment by  Polaris Industries today. The move will give Polaris access to Brammo’s proprietary electric powertrain technology, and positions the large OEM to enter further into the electric motorcycle market as a strategic partner to the Oregonian company. In the process of this investment, Brammo has also closed a $28 million Series B round of funding that also included contributions from repeat investor Alpine Energy and first-time Brammo investor NorthPort Investments, LLC.

Polaris has already been aggressively expanding into new market segments this year by buying both Indian Motorcycles and electric car manufacturer GEM. Polaris’s investment in Brammo, the two companies will form a strategic partnership that will presumably see Brammo’s electric drivetrain in different Polaris Industry products, which gives the American company a formidable ally in the move to electric-powered vehicles. For Brammo, the news bodes well as it not only means an infusion of fresh capital, a roadmap to further funding, and a step closer to a possible exit, but Polaris will also be sharing its vast array of technical, sales, and support knowledge to the electric startup.

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News comes to us from across the Bay this morning, as Mission Motors has announced that it has closed a $9 million Series B financing round led by Warbug Pincus. A global private equity firm with $30 billion in assets under management, Warbug Pincus invested $7.5 million in Mission Motors (with room up to an additional $41 million), while Infield Capital, one of Mission’s original investors, doubled-dipped back into the company, presumably with the remaining $1.5 million for the series.

The use of funds will go towards Mission Motors’s continued venture of supplying OEM customers with electric and hybrid drive train solutions — an exclusive endeavor the company has been undertaking for over a year now, but apparently something the less-informed motorcycle press is only now taking notice of today.

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US Highland Idles Factory While Looking for Funding

01/20/2011 @ 5:09 pm, by Jensen Beeler9 COMMENTS

Six months after US Highland lost three members of its executive team in a tragic small-plane accident, the American company has announced that it will be idling its Tulsa plant while it continues to finish its latest round of funding. Despite this news, US Highland is reportedly close to achieving its fundraising goals, and hopes to have production rolling again once the fundraising is complete.

The Southbridge Advisory Group (SAG) has been brought in to help find a new executive team for US Highland, and is also helping the motorcycle manufacturer find new investors. While any one of these goals would be a large undertaking on its own, having to contend both with raising capital and finding a new executive team is a daunting task.

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Zero Motorcycles Scores Another Local Grant

09/28/2010 @ 6:27 pm, by Jensen Beeler2 COMMENTS

Zero Motorcycles may not be amassing as large of a war chest as Brammo, but the Santa Cruz company is getting a lot of free money and help from its local governments. Scoring a $177,906 grant (free, as in beer, money) from the Monterey Bay Unified Air Pollution Control District (MBUAPCD), Zero intends to use the money to continue its R&D efforts in developing its drivetrain components. This money will be added to the $900,000 grant that the California Energy Commission gave Zero last much, whose funds were then matched by the City of Santa Cruz and other investors.

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Brammo Raises $12.4 Million in Series B Funds

09/22/2010 @ 10:56 am, by Jensen Beeler1 COMMENT

Brammo Inc. filed the appropriate forms with the SEC yesterday stating that it has raised $12.4 million in Series B funds, in what is still an open round of financing. Brammo hopes to raise a total of $30 million in the Series B offering, with the use of funds likely going towards expanding Brammo’s reach into the Asian and European markets, as well as building out the company’s product line into other target segments.

Also in the Form D filing with the SEC we get a glimpse of the people behind the company’s management, which includes a presence from Brammo’s initial investors Best Buy & the clean-tech venture capital group Chrysalix, as well as Brammo’s CFO Bruce Gilpin. New to the ranks is David Kurtz from Alpine Inc., an oil and gas exploration and development firm that is leading the Series B round with another firm that is so far unknown.

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Zero Motorcycles Amassing a War Chest of Money

08/05/2010 @ 6:49 pm, by Jensen Beeler9 COMMENTS

Zero Motorcycles has secured a $900,000 grant from the California Energy Commission for the company to begin development of a new advanced compact electric powertrain. The city of Santa Cruz is matching the grant with an additional $900,000; and with other contributions, Zero has raised a total of $1.84 million dollars. This figure would seem to be in addition to the $5.5 million the company raised earlier in the year. The powertrain Zero is developing is rumored to have multiple speeds, and we wouldn’t be surprised if it was water-cooled.

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Hungarian GP in Limbo After Bank Pulls Funds

03/15/2010 @ 6:03 am, by Jensen Beeler1 COMMENT

Loris Capirossi seemed destined to owe Dorna boss Carmelo Ezpeleta a steak dinner after the Balatonring supposedly secured funding from the Hungarian Development Bank. That bad fortune (for Hungarian MotoGP fans, not for Capirex) seems to have changed however as the loan has now been refused by the Hungarian bank, which leaves the Hungarian circuit a big question mark for the 2010 MotoGP calendar as it struggles to raise the needed $80 million. Story gets worse after the jump.

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