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Agreement reached to standardize swappable batteries for electric motorcycles

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The Swappable Battery Consortium for Electric Motorcycles has reached an agreement to standardize swappable batteries and replacement systems, allowing battery sharing and paving the way for increased adoption of electric motorcycles in Japan. Suzuki Motor Corporation and Yamaha Motor Co., Kawasaki Heavy Industries, Ltd.,

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Honda targeting 100% BEV & FCEV sales in N America by 2040; new e:Architecture EVs coming in second half of this decade

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In Japan, Honda will strive for a BEV/FCEV sales share of 20% by 2030, 80% by 2035 and 100% by 2040. Including hybrid-electric vehicles, it will strive to electrify 100% of its automobile unit sales in Japan by 2030. With this aim, Honda will be starting development for testing in Japan from this year.

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Honda to invest $40B over 10 years in electrification and software; launching 30 EV models by 2030; > 2M units p.a.

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In a press briefing held in Tokyo on its initiatives in automobile electrification, Honda announced that it will spend approximately ¥5 trillion (US$40 billion) in the area of electrification and software technologies to further accelerate its electrification over the next 10 years, including both R&D expenses (¥3.5

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Hitachi Automotive Systems, Keihin, Showa, and Nissin Kogyo begin operations as Hitachi Astemo; CASE-driven mobility solutions

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Keihin Corporation, Showa Corporation and Nissin Kogyo Co., As a global mega-supplier, Hitachi Astemo will create advanced mobility solutions in its core businesses of powertrain systems, chassis systems and advanced driver assistance systems for both automobiles and motorcycles.

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Honda introducing new Honda Sensing 360 omni-directional safety and driver-assistive system

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These latest safety advances reflect a global vision announced by Honda global CEO Toshihiro Mibe in April 2021 to strive for both zero traffic collision fatalities involving Honda motorcycles and automobiles globally by 2050 and carbon-neutrality for its products and corporate activities by 2050.

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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.)

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Honda to begin reuse of rare earth metals extracted from used NiMH batteries before year end; targeting extraction from motors and Li-ion batteries as well

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which has been extracting rare earth metals from used nickel-metal hydride batteries at the plant of Japan Metals & Chemicals Co., Automobiles. Motorcycles. Motorcycles. Honda obtained third-party validation of the estimates from Bureau Veritas Japan Co., Click to enlarge. Honda Motor Co., 2020 Targets (vs.