Yamaha, Honda, KTM, and Piaggio Team Up to Produce Swappable Batteries Consortium

• Yamaha Motor Co., Ltd. has introduced that the company has signed a Letter of Intent with Honda Motor Co., Ltd., KTM AG, and Piaggio & C SpA to set up a Swappable Batteries Consortium for Motorcycles and light electrical cars (EVs).

By expanding the range, reducing the charging time, and also reducing automobile and infrastructure prices, the makers will try to resolve crucial client worries on electromobility.

The new consortium aims to specify the standard technological requirements of the swappable battery system for lorries belonging to the L-category; mopeds, motorcycles, tricycles, as well as quadricycles.

The founding members of the Consortium will be involved in the development of international technical standards.

In the context of the Paris Climate Agreement and also the shift to electromobility, the charter member of the Consortium think that the accessibility of a standard swappable battery system would certainly both advertise the extensive use light electrical automobiles as well as contribute to even more sustainable life-cycle monitoring of batteries made use of in the transport market.

The Consortium is expected to start its activities in Might 2021. The 4 charter member urge all interested stakeholders to join the collaboration to enrich the consortium's expertise.

Talking on the creation of swappable battery consortium, the Executive Officer & Chief General Manager of Motorcycle Service Operations, Yamaha Motor, Takuya Kinoshita stated, "I think the development of this consortium holds excellent importance not just for Europe yet the globe as we relocate towards developing standards for swappable batteries for light electrical automobiles."

"I'm confident that with job similar to this, the technical specifications and also requirements that currently differ by local attributes of the state of the market in different markets will be unified, and, in the future, will certainly aid lead towards making the most of the qualities of electrical power for clients on a global level," Takuya included.

The debate in between swappable batteries versus tailor-maked batteries, as some manufacturers have actually gone for, has actually ended up being well established now. Suppliers making use of heir very own batteries declare that it is required to provide the special features, service warranties and competitive advantage they supply. Critics point out that more probable, it is an effort to validate brand premiums and margins on a part that is still almost 30 percent of an EV's price.

Our company believe the future will require to have a swappable battery eco system, if nothing else than to drive costs reduced and also make ease of fostering quicker. In an age of international production ideal practices, battery manufacturing will absolutely develop to a standardised and modular format suitable with multiple lorry groups.