Slide 1: PIERER Mobility AG – Company Presentation Half Year 2022
PIERER MOBILITY AG THE LEADING EUROPEAN POWERED TWO-WHEELER GROUP COMPANY PRESENTATION Half Year 2022
Slide 2: Disclaimer
DISCLAIMER This document is for information purposes only and shall not be treated as giving any investment advice and/or By their nature, forward-looking statements involve known and unknown risks and uncertainties because they relate to recommendation whatsoever. This presentation and any informat
Slide 3: Table of Contents
TABLE OF CONTENTS 00. PIERER MOBILITY AG AT A GLANCE 4 01. CONTINUED GROWTH & FOCUS ON RETURNS 10 02. GROWTH BY ACQUISITION & STRATEGIC PARTNERSHIPS 17 03. TECHNOLOGY & INNOVATION 25 04. PREMIUM BRANDS 28 05. PIONEER IN ELECTRIFICATION OF POWERED TWO-WHEELERS 39 06. VALUE CREATION THROUGH SUSTAINABI
Slide 4: PIERER Mobility AG at a Glance
PIERER MOBILITY AG AT A GLANCE 4 PIERER Mobility AG | Edisonstraße 1, 4600 Wels
Slide 5: Pillars of Success
GLOBALIZATION PILLARS PEOPLE OF SUCCESS INNOVATION BRANDS 5 PIERER Mobility AG | Edisonstraße 1, 4600 Wels
Slide 6: The Leading European Powered Two-Wheeler Group
THE LEADING EUROPEAN POWERED TWO-WHEELER GROUP 50% 100% 100% 100% 100% 100% 100% 100% DESIGN, CONCEPT DEVELOPMENT MOTORCYCLES NEW MOBILITY & DIGITALIZATION Simplified presentation as of November 2022 Other shareholdings: ACstyria Mobilitätscluster GmbH 12.3%; Platin 1483. GmbH 100% , Pierer E-Commer
Slide 7: Vision: Become a Global Leader
VISION BECOME A GLOBAL LEADER IN THE POWERED TWO-WHEELER INDUSTRY 7 PIERER Mobility AG | Edisonstraße 1, 4600 Wels
Slide 8: PIERER Mobility DNA
PIERER MOBILITY DNA 30 YEARS IN THE FAST LANE. 01. CONTINUED 02. GROWTH BY 03. HIGH GROWTH ACQUISITION & INNOVATION & STRONG FOCUS STRATEGIC RATE ON RETURNS PARTNERSHIPS ▪ ~16% sales unit CAGR since ▪ Expanding motorcycles and (e-) ▪ Research & Development 1992 resulting in € 2,042 bicycles portfoli
Slide 9: PIERER Mobility DNA
PIERER MOBILITY DNA 30 YEARS IN THE FAST LANE. 04. PREMIUM 05. PIONEER IN 06. VALUE CREATION BRANDS ELECTRIFICATION THROUGH OF POWERED SUSTAINABILITY TWO-WHEELERS ▪ Strong brands secure ▪ E-Mobility sales €181 million in ▪ Thorough sustainability sustainable profitability and 2021 process based on m
Slide 10: Continued Growth & Focus on Returns
CONTINUED GROWTH & FOCUS ON RETURNS 01. PIERER Mobility AG | Edisonstraße 1, 4600 Wels
Slide 11: Twenty-Nine Years of Successful Track Record – Revenues
TWENTY-NINE YEARS OF SUCCESSFUL TRACK RECORD MOTORCYCLES & BICYCLES REVENUES Guidance 2022 + 10 - 15% €m CAGR 92-21: 16.9% 2,042 ▪ H1 2022 revenue of € 1,154 million (+ ~7%), 2000 CAGR 09-21: 13.3% of which already € 79 million E-Mobility sales 1800 (E-Motorcycles/E-Bicycles) 1600 1,530 1400 ▪ Recor
Slide 12: Twenty-Nine Years of Successful Track Record – Unit Sales
TWENTY-NINE YEARS OF SUCCESSFUL TRACK RECORD POWERED TWO-WHEELERS (PTW) UNIT SALES ▪ 198,163 PTW’s (Motorcycles and E-Bicycles) and further 16,588 Bicycles sold in first Half Sales units CAGR incl. Bajaj 92-21: ~15.7% 409,797 Year 2022 400 000 Sales units CAGR incl. Bajaj 09-21: ~16.8% Units KTM 350
Slide 13: Motorcycle Wholesales – H1 2022
MOTORCYCLE WHOLESALES – H1 2022 DELIVERIES TO MOTORCYCLE DEALER NETWORK & GENERAL IMPORTERS EUROPE NORTH INDIA / SOUTH ASIA AUS/NZ AFRICA / 163,334 AMERICA INDONESIA AMERICA MID. EAST UNITS SOLD 61,435 44,689 18,251 17,650 13,295 6,707 1,307 IN H1 2022 UNITS SOLD UNITS SOLD UNITS SOLD UNITS SOLD UNI
Slide 14: Bicycle Wholesales – H1 2022
BICYCLE WHOLESALES – H1 2022 EUROPE NORTH AMERICA REST OF WORLD 51,417 42,311 6,918 2,188 UNITS SOLD UNITS SOLD UNITS SOLD -20% (-10,672) UNITS SOLD >100% (+1,890) IN H1 2022 >100% (+6,821) -1,961 | -4% E-Bicycles 33,765 units -14% E-Bicycles 933 units +862% E-Bicycles 131 units -50% -12% Bicycles 8
Slide 15: Business Growth Driver: Dealers
BUSINESS GROWTH DRIVER: DEALERS MORE THAN 4,200 MOTORCYCLE DEALERS & NEARLY 1,700 BICYCLE DEALERS 575 604 4,230 Motorcycle Dealers 290 1 455 1 410 ▪ more than 1,200 dual or multi 810 brand dealers ▪ Europe: ~1,570 dealers 2 175 2 200 2 200 ▪ North America: ~800 dealers ▪ India/Indonesia: ~1,300 deal
Slide 16: Motorcycle Market Insights
MOTORCYCLE MARKET INSIGHTS 2022 H1 – GLOBAL MARKET DEVELOPMENT ▪ Growing availability over all three brands will ensure market share growth in H2 ▪ Stable motorcycle demand in Europe ▪ Recovery of Indian motorcycle market Main Motorcycle Markets (>120cc) Europe ~430,000 units (+0%) North America ~27
Slide 17: Growth by Acquisition & Strategic Partnerships
GROWTH BY ACQUISITION & STRATEGIC PARTNERSHIPS 02. PIERER Mobility AG | Edisonstraße 1, 4600 Wels
Slide 18: Strong Global Partners – Bajaj
STRONG GLOBAL PARTNERS STRATEGIC PARTNERSHIP WITH BAJAJ Both companies exploring common themes, such as zero-emission exhaust systems and light electric vehicles for urban environments, including an open approach to different battery solutions. ~1,000,000 ▪ Development of a common 48-volt electric u
Slide 19: Strong Global Partners – CFMOTO Joint Venture
STRONG GLOBAL PARTNERS JOINT VENTURE WITH CFMOTO Through the deeper cooperation with partner CFMOTO, sole distributor for KTM in China, additional production facilities and supply chains were established. ▪ The high-end chinese motorcycle market Production capacity of grew by ~50% in 2021 vs. 2020 ~
Slide 20: Global Production Facilities
GLOBAL PRODUCTION FACILITIES Austria Mattighofen (HQ) BICYCLE PRODUCTION Bulgaria MOTORCYCLE PRODUCTION FACILITIES Plovdiv (Maxcom, JV) ~179,000 UNITS IN 2021 FACILITIES Taiwan India Pune (Bajaj) Taichung City ~142,500 UNITS IN 2021 China Hangzhou (CFMOTO, JV) COLOMBIA Cartagena (CKD) ~10,000 UNITS
Slide 21: Infrastructure Projects – KTM North America
INFRASTRUCTURE PROJECTS KTM NORTH AMERICA HQ CAMPUS CALIFORNIA,USA ▪ 8,094 square meters ▪ More than 13,935 square meters of technical, office, warehouse and racing departments ▪ € 48.4 million investment 21 PIERER Mobility AG | Edisonstraße 1, 4600 Wels
Slide 22: Infrastructure Projects – GASGAS Spain
INFRASTRUCTURE PROJECTS GASGAS SPAIN TRIAL HUB IN TERRASSA, SPAIN ▪ 1,700 square meters ▪ R&D, motorsport, purchasing, customer service, quality ▪ Production capacity: approx. 5k units per year / in one shift ▪ € 3.8 million investment 22 PIERER Mobility AG | Edisonstraße 1, 4600 Wels PIERER Mobilit
Slide 23: Felt Bicycles
FELT BICYCLES INTEGRATION INTO PIERER E-BIKES GMBH 01 Acquisition Objective: ▪ Part of the strategy to assume a leading global role in the bicycle sector. ▪ Expand the bicycle portfolio. ▪ Enter the North American market with an established, high-performance brand. 02 FELT Product Focus: Speed & Inn
Slide 24: Growing Portfolio of Premium Brands
GROWING PORTFOLIO OF PREMIUM BRANDS 2013 2017 2018 2019 2021 PEXCO: R RAYMON GASGAS Stefan Pierer founds PEXCO Entering the trial segment with together with Susanne and a Spanish brand with strong Felix Puello. The R Raymon heritage and offroad expertise. HUSQVARNA brand released its first model HUS
Slide 25: Technology & Innovation
TECHNOLOGY & INNOVATION 03. PIERERMobility PIERER MobilityAG AG | | Edisonstraße Edisonstraße 1, 1, 4600 4600 Wels Wels
Slide 26: Shaping the Future on Two Wheels
SHAPING THE FUTURE ON TWO WHEELS FOR OUR CUSTOMERS AND DEALERS KTM FORSCHUNGS- & PIERER Innovation GmbH & ENTWICKLUNGS GmbH (R&D) KISKA Avocodo GmbH ▪ 976 employees in R&D* ▪ KISKA is an international Brand and Design ▪ Shaping the digital transformation of PIERER ▪ € 131 million invested in product
Slide 27: Technology Innovation at the Core of Sustainable Two-Wheel Transportation
TECHNOLOGY INNOVATION AT THE CORE OF SUSTAINABLE TWO-WHEEL TRANSPORTATION SAFETY TECHNOLOGY ▪ Technological openness of the powertrain concepts is seen as a future Trend and Connectivity in traffic Electronic assistance Adaptive cruise control Optimization of ICE Low-voltage electric drive High-volt
Slide 28: Premium Brands
PREMIUM BRANDS 04. PIERER Mobility AG | Edisonstraße 1, 4600 Wels
Slide 29: House of Brands
HOUSE OF BRANDS We manage multiple customer facing brands in one corporate portfolio in order to grow our business. Increased brand performance through individual identity, strength, differentiation and clear positioning. 29 PIERER Mobility AG | Edisonstraße 1, 4600 Wels
Slide 30: Sharply Positioned Motorcycle Brands
SHARPLY POSITIONED MOTORCYCLE BRANDS The Racing Brand With Extreme Performance Purity | Performance | Adventure | Extreme The Pioneering Brand With Smart Performance Smart | Progressive | Dynamic | Pure Design The Vibrant Playful Brand With Inviting Performance Daring | Capable | Vibrant | Inviting
Slide 31: Clearly Distinct Bicycle Brands
CLEARLY DISTINCT BICYCLE BRANDS The Pioneering Brand With Smart Performance Smart | Progressive | Dynamic | Pure Design Performance bikes that ignite The fun of two-wheeled action! Daring | Capable | Vibrant | Inviting The Clever Brand With Surprising Performance Clever | Easy | Surprising The Radic
Slide 32: KTM – The Racing Brand
KTM – THE RACING BRAND PRODUCT PORTFOLIO The world just got smaller. The Beast, evolved. Extreme hyper-focus. Long-distance thrills. SUPERSPORT 1290 SUPER ADVENTURE S 1290 SUPER DUKE R EVO RC 8C 1290 SUPER DUKE GT TOURER SPORTS TRAVEL NAKED Unrivalled Legacy. Legendary Enduro. Fully charged. Street
Slide 33: Husqvarna Motorcycles – The Pioneering Brand
HUSQVARNA MOTORCYCLES – THE PIONEERING BRAND PRODUCT PORTFOLIO Trust in the North. Urban explorer. Premium urban micro-mobility The essence of riding. SUPERMOTO Norden 901 Svartpilen 401 for progressive individuals. 701 Supermoto E-MOBILITY Skutta TRAVEL NAKED Masterstroke. A smart approach. Fully c
Slide 34: Husqvarna E-Bicycles – The Pioneering Brand
HUSQVARNA E-BICYCLES – THE PIONEERING BRAND PRODUCT PORTFOLIO Versatile E-MTBs for trails E-Bikes for off-road Reliable E-Bikes for Bringing two-wheel thrills to or long trips over rugged adventures and easygoing everyday use. the next generation. terrain or in the mountains. terrain. Gran City 4 El
Slide 35: GASGAS Motorcycles – The Vibrant Playful Brand
GASGAS MOTORCYCLES – THE VIBRANT PLAYFUL BRAND PRODUCT PORTFOLIO Built to deliver enjoyment Limited MC 450F machines The ideal dirt bike for by the bucket load, it's state of with improved power, youngsters to learn on. the art 2-stroke technology. handling, and comfort. MC-E 5 EC 300 MC 450F TLD EN
Slide 36: GASGAS Bicycles – The Vibrant Playful Brand
GASGAS BICYCLES – THE VIBRANT PLAYFUL BRAND PRODUCT PORTFOLIO G LIGHT TRAIL 3.0 TRAIL CROSS 7.0 ENDURO CROSS 11.0 LIGHT TRAIL ENDURO CROSS COUNTRY 7.0 TRAIL DUAL CROSS 6.0 TECHNOLOGY TREKKING COUNTRY CROSS 36 PIERER Mobility AG | Edisonstraße 1, 4600 Wels
Slide 37: R Raymon Product Portfolio
R RAYMON PRODUCT PORTFOLIO AirRay 12.0 TrailRay 160E 11.0 FullRay 170 10.0 HardRay 5.0 SUSPENSION LIGHT E-MTB E-MTB TRAIL HARDTAIL MTB FULL MTB GravelRay 6.0 TourRay E 6.0 CityRay E 7.0 FourRay 3.0 E-TREKKING E-URBAN GRAVEL /CITY KIDS 37 PIERER Mobility AG | Edisonstraße 1, 4600 Wels
Slide 38: Felt Bicycles Product Portfolio
FELT BICYCLES PRODUCT PORTFOLIO AR FRD FR VR Breed ENDURANCE AERO ROAD ROAD RACE GRAVEL IA TECHNOLOGY FX TA FRD Aero Advantages | CYCLOCROSS Carbon Prowess TRIATHLON TRACK 38 PIERER Mobility AG | Edisonstraße 1, 4600 Wels
Slide 39: Pioneer in Electrification of Powered Two-Wheelers
PIONEER IN ELECTRIFICATION OF POWERED TWO-WHEELERS 05. PIERER Mobility AG | Edisonstraße 1, 4600 Wels
Slide 40: Our Electric PTW Vision
PIONEER IN ELECTRIFICATION OF POWERED TWO-WHEELERS OUR ELECTRIC PTW VISION. BECOME A GLOBAL LEADER OF ELECTRIC POWERED TWO-WHEELERS IN THE POWER RANGE 250W TO 15KW OUTLOOK By 2030, at least one-third of the Group's sales will be generated with electrified two-wheelers: ▪ Road vehicles up to 125cc fo
Slide 41: Product Development Centers
PRODUCT DEVELOPMENT CENTERS INVESTMENTS IN ELECTRIC MOBILITY E-Mobility Research & Development Center (Anif, Austria) ▪ E-Mobility competence center ▪ Cutting-edge facility on ~20,000 square meters floor space, 150 employees ▪ E-drivetrain and E-products KISKA Design Studios (Anif, Austria & Munich,
Slide 42: New Mobility – Joint Venture with Maxcom in Bulgaria
NEW MOBILITY JOINT VENTURE WITH MAXCOM IN BULGARIA ▪ Both partners hold a 50% interest ▪ Investment volume € 40 million ▪ Our goal: expansion of the bicycle and E-Bike production capacity in Europe ▪ Annual production capacity around 350,000 units 42 PIERER Mobility AG | Edisonstraße 1, 4600 Wels
Slide 43: The Electric PTW Opportunity
THE ELECTRIC PTW OPPORTUNITY PIERER MOBILITY REVENUES AND MARKET OPPORTUNITY E-Mobility Sales (€m) Global E-Bicycle Market Potential Sales CAGR E-Bicycles 2020–2025: >35 % Gross Margin: ~ 25% Europe North America Oceania Sales CAGR E-Bicycles tbd Market volume 2021: Market volume 2021: Market volume
Slide 44: E-Motorcycle Product Line-Up
E-MOTORCYCLE PRODUCT LINE-UP PERFORMANCE E-MOBILITY BALANCE BIKES E5 SPORT MINI E2 SPORT MINI GASGAS E-TRAIL ▪ 100 – 150 W ▪ 2 kW (5 kW Top ▪ 500 W nominal power, ▪ 15 kW ▪ On the market since 2020 Performance) 340 Wh battery capacity ▪ On the market since 2019 ▪ On the market since 2019 ▪ Market la
Slide 45: Under Development: Husqvarna Skutta
UNDER DEVELOPMENT URBAN E-MOBILITY HUSQVARNA SKUTTA ▪ 0.5 kW nominal power ▪ 324 Wh battery capacity ▪ Swappable battery (36V 9Ah) ▪ Market launch 2023 45 PIERERMobility PIERER MobilityAG AG | | Edisonstraße Edisonstraße 1, 1, 4600 4600 Wels Wels
Slide 46: E-Motorcycles Under Development: Husqvarna E-Pilen
E-MOTORCYCLES UNDER DEVELOPMENT PERFORMANCE AND URBAN E-MOBILITY HUSQVARNA E-PILEN ▪ 10 kW nominal power ▪ 5.5 kWh battery capacity ▪ Fixed battery ▪ Market Launch tbd 46 PIERERMobility PIERER MobilityAG AG | | Edisonstraße Edisonstraße 1, 1, 4600 4600 Wels Wels
Slide 47: E-Motorcycles Under Development: KTM E-Duke Concept
E-MOTORCYCLES UNDER DEVELOPMENT PERFORMANCE AND URBAN E-MOBILITY KTM E-DUKE CONCEPT ▪ 10 kW nominal power ▪ 5.5 kWh battery capacity ▪ Fixed battery ▪ Market launch tbd 47 PIERERMobility PIERER MobilityAG AG | | Edisonstraße Edisonstraße 1, 1, 4600 4600 Wels Wels
Slide 48: E-Motorcycles Under Development: Husqvarna Freeride E LV Concept
E-MOTORCYCLES UNDER DEVELOPMENT PERFORMANCE E-MOBILITY HUSQVARNA FREERIDE E LV CONCEPT ▪ 9 kW nominal power ▪ 5.5 kWh battery capacity ▪ Removable battery ▪ Market launch tbd. 48 PIERERMobility PIERER MobilityAG AG | | Edisonstraße Edisonstraße 1, 1, 4600 4600 Wels Wels
Slide 49: Value Creation Through Sustainability
VALUE CREATION THROUGH SUSTAINABILITY 06. PIERERMobility PIERER MobilityAG AG | | Edisonstraße Edisonstraße 1, 1, 4600 4600 Wels Wels
Slide 50: Our Key Areas
OUR KEY AREAS Reliable Sustainable employer mobility Environmentally Fair business conscious practices production ESG report in line with GRI Standards and Directive 2014/95/EU (in AT “NaDiVeG”) incl. relevant UN SDGs 2021 ESG ratings 50 PIERERMobility PIERER MobilityAG AG | | Edisonstraße Edisonstr
Slide 51: Sustainability Highlights 2021
SUSTAINABILITY HIGHLIGHTS 2021 KEY FIGURES €131M 18.4% €2.3M 8.4 INVESTED IN 61.14 G/KM UNIT SALES INVESTED IN LOST TIME FLEET ELECTRIFIED FURTHER PRODUCT FREQUENCY E M I S S I O N S 1) TWO- E D U C AT I O N DEVELOPMENT I N J U R Y R AT E 3 ) W H E E L E R S 2) OF EMPLOYEES 90% €18.8M C O M P L I AN
Slide 52: Sustainability Activities and Goals
SUSTAINABILITY ACTIVITIES AND GOALS MAIN TOPICS AND MEASURES 2021 GOALS FOR 2022 AND BEYOND ▪ COVID-19: Measures to protect employees, vaccination bonus ▪ Electrify the car fleet – target 20% ▪ ISO 14001 certification for environmental management system ▪ Focus on the use of reusable packaging, incr
Slide 53: Development of Employees
DEVELOPMENT OF EMPLOYEES AS OF 30.06.2022 Key Facts ▪ 5,656 employees (of which 4,674 in Austria), incl. around 200 apprentices ▪ Increase by 768 staff in H1 2022 (compared to 4,888) ▪ High-quality approach in apprentice training – investment of € 2.5 million in our training workshop ▪ 36 years aver
Slide 54: ESG Reporting and Ratings
ESG REPORTING AND RATINGS ▪ ESG report in line with GRI Standards and Directive 2014/95/EU (in AT “NaDiVeG”) ▪ Climate reporting with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) ▪ External assurance: conformity with the International Standard on Assurance En
Slide 55: Financials & Guidance
FINANCIALS & GUIDANCE 07. PIERERMobility PIERER MobilityAG AG | | Edisonstraße Edisonstraße 1, 1, 4600 4600 Wels Wels
Slide 56: Financials – Consolidated Profit & Loss
FINANCIALS CONSOLIDATED PROFIT & LOSS FIGURES UNDER IFRS 1 ▪ Record revenue was achieved once again (+ € 76 million) in €m H1 2021 H1 2022 ∆ 2021/22 ▪ Strong growth in North America (+47% motorcycles unit sales) Revenues 1,078.0 1,154.1 +7.1% 1 ▪ H1 2022: 53% of revenues in Europe (-9.0ppts); 30% in
Slide 57: Financials – Business Segments
FINANCIALS BUSINESS SEGMENTS UNDER IFRS H1 2022 1 ▪ Motorcycles segment revenues in H1 2022 increased by around € 80 million vs. H1 2021 (+8%) in €m GROUP MOTORCYCLES BICYCLES OTHERS ▪ Bicycles segment revenues around € 5 million slightly below the previous year mainly due to a change in the product
Slide 58: Financials – Consolidated Balance Sheet and Cash Flow
FINANCIALS CONSOLIDATED BALANCE SHEET AND CASH FLOW FIGURES UNDER IFRS in €m 12/31/2021 6/30/2022 ∆ 2021/22 Balance sheet total 2,033.7 2,256.8 +11.0% 1 1 ▪ Due to the unavailability of components, unfinished products within inventories increases significantly 2 ▪ This significant increase in invent
Slide 59: Free Cash Flow and Net Debt Analysis
FINANCIALS FREE CASH FLOW AND NET DEBT ANALYSIS Net debt Net debt FREE CASH FLOW - in €m H1 2021 H1 2022 ∆ 2021/22 12/31/2021 06/30/2022 EBITDA 171.2 162.3 -8.9 (+) Interest receipts and (-) payments -5.7 -6.7 -1.0 (-) Taxes -5.7 -20.9 -15.2 -189.9 (+) Non-cash expenses and (-) income 1.6 -1.0 -2.6
Slide 60: Financial Guidance 2022
FINANCIAL GUIDANCE 2022 FINANCIAL OUTLOOK GUIDANCE KEY KEY 2022 FIGURES FIGURES UPDATE AUGUST 29, 2022 2021 2020 Revenues in €m/ Revenue growth in % 10 – 15% 2,041.7 1,530.4 EBIT margin 8 – 10% 9.5% 7.0% EBITDA margin 15 – 17% 16.3% 15.3% Previous guidance BY 2022 6-10% revenue growth announced on J
Slide 61: Management Team & Contact Details
MANAGEMENT TEAM & CONTACT DETAILS PIERER Mobility AG CONTACT DETAILS PIERER Mobility AG Stefan Pierer Edisonstrasse 1 CEO 4600 Wels Austria Friedrich Roithner CFO www.pierermobility.com Hubert Trunkenpolz Member of the Executive Board Melinda Busáné Bellér, Investor Relations E-Mail: ir@pierermobili
Slide 62: Appendix
APPENDIX 08. PIERERMobility PIERER MobilityAG AG | | Edisonstraße Edisonstraße 1, 1, 4600 4600 Wels Wels
Slide 63: Data Sources for Motorcycle Market Information and Intelligence
APPENDIX DATA SOURCES FOR MOTORCYCLE MARKET INFORMATION AND INTELLIGENCE Sources by market Europe Reported countries: DE, FR, IT, ES, UK, SE, BE, NL, AT, CH, FI, NO, BALTIC Data source: National data providers Motorcycles: >120cc & electric, no MX available North America Data source: MIC (US), MMIC