Like its rivals Suzuki and Honda, Yamaha also wants to step in the four-wheeler market. A recent report by Nikkei says that Yamaha is mulling a two-seat mini car for Europe. The world’s second-biggest motorcycle maker after being in the auto industry for almost five decades, is planning to foray in the four-wheeler industry with gasoline and electric urban cars, reveals the report.
Reportedly, the Japanese company will invest tens of billions of Yen to set up a plant for the two-seater car. However, the proposed plant’s location and output capacity are still to be decided. The mini car will be available in two versions – one will be powered by a 1-litre gasoline engine and the other will run on a battery powered electric motor.
Yamaha engines are currently used in Toyota Motor Company-owned Lexus-branded cars. The Lexus LFA supercar’s 4.8-litre V10 engine was co-developed by Toyota and Yamaha.
Yamaha did show its interest in cars with the Motiv.e concept car. The concept car was designed by Gordon Murray – designer of Formula 1 race cars and the McLaren F1 – and unveiled at the 2013 Tokyo Motor Show. This concept car could eventually get into production now that Yamaha has a plan for launching a city car.