4 Japanese Makers to Team Up for Electric Motorcycles

Economy

Tokyo, April 4 (Jiji Press)--Four major Japanese motorcycle makers, including Honda Motor Co. <7267>, said Thursday that they have established a consortium to unify standards for batteries and charging stations for electric motorcycles.

The other three are Yamaha Motor Co. <7272>, Suzuki Motor Corp. <7269> and Kawasaki Heavy Industries Ltd. <7012>.

The four companies, which together account for half of the world's motorcycle sales, hope to take the initiative to set global standards.

With environmental regulations tightening around the world, demand is increasing for electric motorcycles that do not emit exhaust fumes.

Meanwhile, Chinese and other companies have launched electric motorcycle businesses, intensifying concerns about an increase in competing standards.

[Copyright The Jiji Press, Ltd.]

Jiji Press