Goldwin signs contract with Swedish company to sell electric motorcycles

Goldwin $Goldwin(8111.JP)$ has signed an exclusive partner agreement with the Swedish electric motorcycle manufacturer CAKE 0 emission AB (hereafter, CAKE) within Japan. It is scheduled to start accepting reservations for the company's electric motorcycles in the spring of 2023, and aims to sell 5,000 units domestically over 3 years. CAKE founder and CEO Stefan Ytterborn (Stefan Ytterborn) said, “There is nothing better than being able to partner with a high quality partner like Goldwin with a deep knowledge of manufacturing when expanding into Asia. The company has been familiar with for many years, and their commitment to quality, passion for innovation, and ability to build relationships with customers lead the industry. I'm honored to be able to work with them.”