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HONDA MOTORCYCLE INDIA FULL
Similarly, Chennai-based TVS Motor will launch a full range of two- and three-wheeled electric vehicles with a power output of 5-25 kW in the next two years. The company also entered into a tie-up with Taiwan-based Gogoro Inc to bring the latter’s battery swap platform to India. With the government pushing towards clean technologies in the automotive sector, the electric vehicle sector is witnessing a lot of action in the country.Īlready, Hero MotoCorp, the country’s largest motorcycle maker, has announced that it is looking to launch an electric model next year. Ogata stated that not only is it an EV product, but the company will also look to take advantage of the opportunity in battery management systems. He pointed out that the upcoming electric scooter will be added to the company’s lineup in the country and there are no plans to convert the current range such as Activa or Shine to electric during the next three years. We are thinking about that because we have the technical know-how in EV technology from the past several decades, so why not consider it for the Indian market.”
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He added, “So far I don’t think there will be a radical shift from ICE drives to EVs. The current ICE engine specification has a lot of positive points.” So these customers are starting to consider such options but I still think that major customer segments prefer to keep our current lineup because they are still ahead of electric vehicle products. “Some customers are using two-wheeled electric vehicles for very short commutes or very flat street conditions in big cities. In detail, Ogata mentioned that customers have started using electric vehicles for short commutes in a city environment but for long-distance travel and rural areas, the two-wheeled internal combustion engine still has an advantage. He said that many companies, including foreign companies, have entered the electric vehicle sector as the government has been supporting investments in green infrastructure. When asked if the company has started testing the product in India, Ogata said, “Not officially yet but after Diwali…we will formally prepare the feasibility study at our dealerships.” He noted that in-depth details were not finalized yet, but “we have pledged to launch (the EV product) within the next fiscal year.” In an interaction with PTI, HMSI President, Managing Director and CEO Atsushi Ogata said that the company decided to enter the sector after having a detailed discussion with its parent company – Honda Motor Company of Japan. The company, which sells popular models such as Activa and Shine in the country, aims to start operating electric scooters with its dealer partners at the end of the festive season this year. Decent in style and best in class mileage of 74 kmpl, Honda Dream YUGA is an affordable bike which is a dream. India’s Honda Motorcycle and Scooter (HMSI) is preparing to launch its first electric product in the country in the next fiscal year, a senior company official said. Honda Dream YUGA is a 110cc, 4 stroke motorcycle that has been designed and created especially for India.