Despite being unveiled less than a year ago, it feels like we’ve been waiting forever for LiveWire’s new S4 Honcho to reveal its official pricing and begin production. Today, we got both, as the Harley-Davidson spinoff pulled the last curtain off, revealing the final secrets behind the brand’s new low-cost electric motorcycles headed to streets and trails near you soon.

The new S4 Honcho is seen as LiveWire’s attempt to break into the e-moto market, dominated by small, affordable, and approachable electric two-wheelers with enough power and range for a good time, but modest enough to keep pricing reasonable.

The company has already shown us two versions of the bike, the S4 Honcho Trail designed for off-road shenanigans, and the street-legal S4 Honcho Street designed for commuter fun and urban riding.

Official pricing was just announced, putting the S4 Honcho Trail at US $4,999 and the S4 Honcho Street at $5,499. Those figures landed lower than some analysts had expected, especially considering the lofty launch pricing previously seen on LiveWire’s larger flagship electric motorcycles.

LiveWire S4 Honcho Street (street-legal for use on public roads)