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Nikkei: India passes Japan to become world’s No. 3 auto market in 2022

Green Car Congress

million sold in Japan, according to a Nikkei report. In Japan, 4,201,321 vehicles were sold in 2022, down 5.6% from 2021, according to data from the Japan Automobile Dealers Association and the Japan Light Motor Vehicle and Motorcycle Association. million vehicles, followed by Japan at 4.44

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Terra Motors starting electric two-wheeler sales in Iran

Green Car Congress

Japan-based Terra Motors, a manufacturer of electric two and three-wheelers ( earlier post ), has started sales of the A4000i electric scooter—with new products to follow—in Tehran, Iran with Jahanro Industrial Co, exclusively for next five years. started from just a small motorcycle shop. Jahanro Industrial Co.

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Honda Motorcycle is all set to foray into EV segment next year 

Electric Vehicles India

Honda Motorcycle is all set to foray into EV segment next year . Honda Motorcycle a leading and well-known two-wheeler manufacturer and Scooter India (HMSI) is all set to launch its first electric product in India in the next financial year. It had made its debut at the Tokyo Motor Show 2019. Honda Motor Company, Ltd.

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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.)

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Terra Motors & FCC Corporation partners to develop futuristic EVs

Electric Vehicles India

Terra Motors & FCC Corporation partners to develop futuristic EVs. Terra Motors Corporation a Japanese electric vehicle maker has partnered with a Japan-based FCC Corporation to develop futuristic electric vehicles for global markets. Terra Motors & FCC Corporation.

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TVS & BMW Motorrad extends partnership to develop electric vehicles 

Electric Vehicles India

TVS Motor Company India’s leading two-wheeler company and BMW Motorrad are extending their partnership to develop electric vehicles. TVS and BMW Motorrad has first signed their long-term strategic partnership in April 2013 to manufacture sub-500cc motorcycles for the global markets.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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Broadly, Navigant expects expansion in both the higher end of the market (thereby putting competitive pressure on Tesla Motors), as Audi, BMW, Cadillac, Mercedes, Saab, and Volvo introduce their first plug-in cars. Tesla Motors will have a bumpy year. Electric motorcycles breakout.

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