The Automobile industry has experienced significant growth over the past several years. This is because of the continued improvement in the economy, government subsidies, and a pent up demand following the 2011 flooding. However, this growth has come with challenges.
For example, Honda has had difficulty capturing a share of the electrified vehicle market. In order to address this, the company is planning to increase investment in R&D to develop new technologies and business areas.
One such area is autonomous driving. Another is the introduction of more common parts to global models. Yet another is the rollout of standardized replaceable batteries for mid-sized motorcycles.
Motorcycles are often confused with automobiles. While the term can be used interchangeably, it’s important to understand what a motorcycle actually is.
In the world of automotives, the definition of an automobile is usually very technical. It refers to a motor vehicle with four wheels and four-wheel drive. These vehicles can be made to carry one to eight people. They can also be adapted to carry more cargo, such as tools or supplies.
Motorcycles have been known to be more convenient for the rider, but not necessarily for passengers. Aside from having a seat, a motorcycle must also have two wheels and be self-propelling. There are also rules requiring a helmet.
But while a motorcycle may be considered a vehicle, the legal definition can be a bit tricky. Some states have created a patchwork of regulations to address this confusion.