After the hike, Honda’s top-of-the-chain CB150F will cost for Rs252,900.
The country’s top selling motorcycle Honda CD70 also saw its price move up by Rs1,000. It will now be selling for Rs82,900. The company jacked up CD70 Dream price by Rs1,000 and it can now be bought for Rs88,900.
The Japanese automaker, which builds about a tenth of the 1.5 million car output in Britain, made the decision two years after it announced its intention in 2019 to cease production at its Swindon plant. The plant closer is expected to lead to 3,500 job losses.
"We will firmly try to help the Naka factory achieve swift restoration by helping it quickly acquire alternative manufacturing equipment," Chief Cabinet Secretary Katsunobu Kato told a regular news conference on Monday.
For now, analysts say automakers are still a long way from a true Level 4 system, in which a car is considered to no longer have a driver, just passengers.
“The aim of the consortium will, therefore, be to define the standardised technical specifications of the swappable battery system for vehicles belonging to the L-category - mopeds, motorcycles, tricycles and quadricycles,” said Honda.
The consortium, which will start operating in May and is open to all investors interested in joining, aims to define standard technical specifications for swappable batteries for mopeds and motorcycles, Piaggio said.
We welcome very much the Japanese trade agreement which as a Japanese businesses was very welcomed.
On the point around confidence, that certainly amongst my peers in Japanese companies was very much welcomed, and probably settled a lot of nerves in terms of their trading prospects in the UK going forward.
Tesla's rivals and Chinese partners of General Motors, Toyota and Honda also follow NIO's lead to develop cutting-edge batteries that can allow automobiles to achieve the 1000km driving range on a single charge.
Chip-testing equipment maker Advantest surged 5.45 percent to 8,710 yen, while chip-making equipment manufacturer Tokyo Electron climbed 5.27 percent to 42,950 yen.