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

Harley-Davidson to spin-out LiveWire electric motorcycle division as public company via SPAC; $545M in proceeds

Green Car Congress

(ABIC), a special purpose acquisition company (SPAC), have entered into a definitive business combination agreement under which ABIC will combine with LiveWire, Harley-Davidson’s electric motorcycle division ( earlier post ), to create a new publicly traded company.

article thumbnail

IDTechEx: Sales of electric motorcycles in Europe grew 50% y-o-y in 2020

Green Car Congress

IDTechEx expects electric motorcycle sales in Europe to have grown at least 50% year-on-year in 2020, building on the momentum of recent years. Growth is also being boosted by consumer awareness and acceptance in Europe of the benefits of electric motorcycles. 2020 is an IDTechEx estimate based on Q1 - Q3 2020 data.

article thumbnail

Suzuki Motor eyes record year, India to drive global sales | Autocar Professional

Baua Electric

Suzuki Motor Corporation expects record sales for the 4th consecutive year and 3rd consecutive year of operating profits in the current financial year, led by a strong outperformance in India. million units, and the sales of motorcycles are expected to be 1.89 million units, guided by Suzuki Motor.

Suzuki 52
article thumbnail

Foton Motor and motorcycle leader Piaggio Group partner on development of light commercial vehicles; EVs to come

Green Car Congress

Foton Motor and Piaggio Group signed the agreement for a joint development project for new light-duty commercial vehicle products in Italy. Since 2016, Foton Motor and Piaggio Group have signed a Memorandum of Understanding and a Framework Agreement in succession. Foton Gratour-T mini truck.

article thumbnail

Honda plans to introduce 10 electric motorcycles

Teslarati

Honda has announced its plans to introduce electric motorcycles to the global market. While many Americans associate Honda with their car brand, they are the world’s largest motorcycle manufacturer. And in many locations worldwide, Honda motorcycles outnumber cars ten to one. million electric motorcycles by 2030.

article thumbnail

TVS Motor Company launches operations in Italy | Autocar Professional

Baua Electric

Chennai-headquartered TVS Motor Company has launched operations in Italy. The company will introduce a selection of its thermic and electric scooters and motorcycles. TVS Motor, ranked as the world’s fourth-largest two and three-wheeler manufacturer and third in market capitalisation, already markets its products in 80 countries.

Italy 52