maker Piaggio announced that it had set up a consortium with Honda Motor Co.,
KTM AG and Yamaha Motor Co. The consortium would encourage using swappable
batteries for electric motorcycles and light electric vehicles (EVs).
statement by the four companies mentioned that the consortium was named the
Swappable Batteries Motorcycle Consortium (SBMC). It aims to broaden the use of
light electric vehicles, such as scooters, mopeds and motorcycles. It would
also support the sustainable management of batteries in light electric
would also focus on issues such as battery life, recharging times,
infrastructure and costs. It would work on defining international standard
technical specifications for swappable batteries.
companies stated that they were open to welcoming other companies to join them
in this consortium and look to include and work with
many more brands.
A Letter of
Intent to form a consortium was signed on March 01, 2021. The official
agreement for the creation of the SBMC was finalised by Yoshishige Nomura,
Managing Officer, Chief Officer, Motorcycle Operations, Honda Motor Co., Ltd.,
Stefan Pierer, CEO, PIERER Mobility AG, Michele Colaninno, Chief of Strategy
and Product, Piaggio Group and Takuya Kinoshita, Senior Executive Officer,
Chief General Manager of Land Mobility Business Operations, Yamaha Motor Co.,
Source – ET Auto
Image Source: Piaggio Website