Honda Will Produce Electric Motorcyles in Two Years Time

After announcing that both the participation in the Formula One and NSX super car project were being canceled, Honda CEO Takeo Fukui said in a press conference speech held yesterday that there is still hope for Honda and that hope lies in a motorcycle.

“History shows that motorcycles remain strong in a difficult market environment and have always supported Honda in difficult times. People showed renewed interest in the value of motorcycles which consume less fuel for commuting purposes as well as for their easy-to-own/easy-to-use efficiency,” said Takeo Fukui.

In response to the consistent drop car sales face, they will develop a Honda electric powered motorcycle.

"Honda is currently developing a battery-powered electric motorcycle which emits no CO2 during operation, because the characteristics of a battery can be better utilized in the area of motorcycles, which are often used for short distance travel. Honda is aiming to introduce this electric motorcycle to the market about two years from now," Honda CEO Takeo Fukui said.

But don't imagine that these motorcycles will be pure breed racing sportbikes as they will be designed to be practical, cheap to run and cheap to buy, something more of a scooter.