The Honda Motor logo is seen at the Bangkok International Motor Show in Bangkok, Thailand, March 22, 2022. REUTERS/Athit Perawongmetha
Sept 13 (Reuters) – Honda Motor Co Ltd ( 7267.T ) is considering taking its electric motorcycle division public, the Wall Street Journal reported on Tuesday, citing the Japanese manufacturer’s managing officer Yoshishige Nomura.
The report, which did not disclose where the company will list the units, said that talks about the pros and cons of the plan are still at an early stage. (https://on.wsj.com/3La5Vi2)
Honda did not immediately respond to a request for comment.
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In the year Aiming to achieve carbon neutrality for motorcycles by the 2040s, the company announced last Tuesday that it plans to launch more than 10 electric motorcycle models globally over the next three years. Read more
Honda dominates the global motorcycle business, but faces challenges in introducing high-priced electric variants in developing economies.
The WSJ report also said that some of Honda’s rivals in markets such as India have neglected the company in introducing battery-powered motorcycles and bicycles.
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Reporting by Nathan Gomes in Bengaluru; Editing by Devika Syamnath
Our Standards: The Thomson Reuters Trust Principles.
