SWAPPABLE BATTERIES MOTORCYCLE CONSORTIUM AGREEMENT SIGNED BETWEEN KTM F&E, HONDA MOTOR, PIAGGIO GROUP AND YAMAHA MOTOR  FOR MOTORCYCLES AND LIGHT ELECTRIC VEHICLES



September 6th, 2021 – Following the signing of the Letter of Intent on March 1, KTM F&E GmbH, HONDA Motor Co., Ltd., PIAGGIO Group (PIA.MI) and YAMAHA Motor Co., Ltd., have officially signed the agreement for the creation of the Swappable Batteries Motorcycle Consortium (SBMC).

Committed to the promotion of the widespread use of light electric vehicles, such as mopeds, scooters, motorcycles, tricycles and quadricycles in the transport sector and to the more sustainable life-cycle management of batteries in the context of international climate policies, the founding members of the Consortium believe that the availability of a commonly developed swappable battery systems is key to the development of low-voltage electromobility.

The underlying aim of the Consortium is to find solutions to the concerns customers may have regarding the future of electromobility, such as the range, the charging time and infrastructure, and costs. This will be achieved in accordance with four primary goals:

Develop common technical specifications of the swappable battery systems
Confirm common usage of the battery systems
Make and promote the Consortium’s common specifications a standard within European and International standardization bodies
Expand the use of the Consortium’s common specification to global level

By working closely with interested stakeholders and National, European and International standardization bodies, the founding members of the Consortium will be involved in the creation of international technical standards. Indeed, the availability of charging stations varies between countries and there is still limited information for end users. Therefore, with this Consortium, KTM, HONDA, PIAGGIO and YAMAHA aim at engaging the decision makers for the development and deployment of charging infrastructure to promote the increase of light electric vehicles.

The four founding members encourage all interested stakeholders to join the cooperation to enrich the Consortium’s expertise in order to ensure a large diffusion of standard swappable batteries in the future. Parties who are interested to join the SBMC can contact one of the founding members for further information.

Stefan Pierer, CEO PIERER Mobility AG: “The signing of this Consortium agreement is a key step in ensuring that PIERER Mobility AG, can continue to move forward, deliver innovation at pace, and advance its clear strategic vision for electric powered two-wheelers. Together with our partners, we will work to deliver a swappable battery system for low-voltage vehicles (48V) up to 11kW capacity, based on international technical standards. We very much look forward to ensuring that powered two-wheeler vehicles maintain their role in the future of both urban and non-urban mobility."