Harley-Davidson scoots into kids electric two-wheelers with StaCyc deal
FILE PHOTO - The logo of U.S. motorcycle company Harley-Davidson is seen on one of their models at a shop in Paris, France, August 16, 2018. REUTERS/Philippe Wojazer/File Photo
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(Reuters) – Harley-Davidson Inc on Tuesday acquired StaCyc Inc, which makes electric two-wheelers for kids, the U.S. motorcycle maker said.
StaCyc’s ‘EDRIVE’ two-wheelers retail in the range of $649 (493.4 pounds) and $699, Harley said.
Harley did not disclose the price of the deal.
(Reporting by Ankit Ajmera in Bengaluru; Editing by Shinjini Ganguli)