09:13 AM EDT, 06/17/2025 (MT Newswires) -- Honda Motor ( HMC ) said Tuesday it has launched Fastport, a business-to-business micromobility venture, which will unveil its first product at the Eurobike conference in Frankfurt, Germany at the end of June.

Honda ( HMC ) said Fastport's first product will be an all-electric eQuad quadricycle designed to use city bike lanes to make last-mile deliveries.

The automaker said "last-mile delivery has become one of the most complex and costly segments of the logistics chain."

Honda ( HMC ) said deliveries of the micromobility vehicle in North America and Europe are expected to begin in late 2025, with general mass production slated for the summer of 2026.