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Honda aiming to sell 3.5M electric motorcycles per year by 2030

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Honda will introduce more than 10 new electric motorcycle models by 2025, with an aim to reach annual electric motorcycle sales of 1 million units within the next five years, and 3.5 Honda has been offering the Honda e: Business Bike series models and accelerating the global launch of business-use electric motorcycles.

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Intelligent Energy and Suzuki Motor Corporation establish joint venture company to develop and manufacture fuel cell systems

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Intelligent Energy and the Suzuki Motor Corporation have created a joint venture company called SMILE FC System Corporation to develop and manufacture air-cooled fuel cell systems for a range of industry sectors. SMILE FC System Corporation will be headquartered in Hamamatsu City, Shizuoka, with operations initially based in Yokohama.

Suzuki 250
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Yamaha, Honda, Kawasaki and Suzuki partner on hydrogen engines for small mobility; HySE

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Yamaha Motor, Honda Motor, Kawasaki Motors and Suzuki Motor received approval from Japan’s Ministry of Economy, Trade and Industry (METI) to form a technological research association called HySE (Hydrogen Small mobility & Engine technology) for developing hydrogen-powered engines for small mobility.

Suzuki 308
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American Suzuki restructures under Chapter 11; exiting auto market in US

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American Suzuki Motor Corporation (ASMC), the sole distributor in the continental United States of Suzuki Motor Corporation automobiles, motorcycles, all-terrain vehicles and marine outboard engines, will restructure under chapter 11.

Suzuki 225
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Volkswagen and Suzuki to Establish Strategic Partnership; VW to Take 19.9% Stake in Suzuki, Suzuki to Invest in VW

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Volkswagen AG and Suzuki Motor Corporation have signed a framework agreement to establish a close long-term strategic partnership. of Suzuki’s issued shares, in a deal worth about ¥200 billion (about US$2.3 Suzuki intends to invest up to one half of the amount received from Volkswagen into shares of Volkswagen.

Suzuki 210
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American Suzuki Motor receives bankruptcy court approval of up to $100M in Debtor-In-Possession (DIP) financing

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American Suzuki Motor Corporation (ASMC) has received court approval for Debtor-In-Possession (DIP) financing. As a result, the Company will be able to borrow up to $50 million for operations and up to $50 million for purchases of inventory from Suzuki Motor Corporation (SMC). Earlier post.)

Suzuki 218
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Suzuki Introduces Concept Burgman Fuel-Cell Scooter at Tokyo Show

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At the Tokyo Motor Show, Suzuki introduced its concept Burgman Fuel-Cell Scooter, based on technologies from the Crosscage concept motorcycle that it displayed at the 2007 Tokyo Motor Show ( earlier post ), thereby realizing a more practical and accessible fuel-cell bike. Burgman Fuel-Cell Scooter. Click to enlarge.

Suzuki 210