article thumbnail

Suzuki Motorcycle India reaches 8-million-unit milestone in cumulative two-wheeler production | Autocar Professional

Baua Electric

Suzuki Motorcycle India Pvt. SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan, today celebrated the landmark of producing 8 million cumulative two-wheelers in India. ” SMIPL currently manufactures a diverse range of scooters and motorcycles for Indian as well as international markets.

Suzuki 52
article thumbnail

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

Green Car Congress

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.

article thumbnail

Agreement reached to standardize swappable batteries for electric motorcycles

Green Car Congress

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.,

article thumbnail

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

Green Car Congress

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. Under the terms of the contract, both companies will take a 50% stake in the joint venture. —Osamu Honda.

Suzuki 250
article thumbnail

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

Green Car Congress

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
article thumbnail

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

Green Car Congress

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
article thumbnail

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

Green Car Congress

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