The companies see the $48 billion deal as a move to "capture the opportunities and manage effectively the challenges of the new era in mobility.”
The carmaker plans to invest proceeds into transforming auto production as it readies to launch electric vehicles.
The combined company is poised to become a leader in the race for developing electric and autonomous vehicles.
While the automaker sees a return to profitability in Q3 after the $702 million Q1 loss, S&P is predicting only limited improvement.
The addition of StaCyc's electric bikes for kids “reinforces [Harley's] commitment to lead in the electrification of motorcycling."
Risks and challenges aren't the only effects climate change will have on companies. There's good news too.
Even if one in four passenger vehicles is electric by 2040, global oil demand would not drop “meaningfully” over the next 23 years.
