Honda Motorcycles and Scooters India plans to launch its first electric scooter in the country next year. The two-wheeler maker has confirmed that the upcoming model will be launched in India in March 2024. The upcoming electric scooter will be the first two-wheeler in a long line of electric vehicles that Honda plans to launch in the domestic market, where scooters in particular have seen sharp growth over the past few years. Honda made the announcement on Monday on the sidelines of the launch of its latest model, the Activa 6G H-Smart scooter.
Atsushi Ogata, managing director, president and CEO of Honda Motorcycles and Scooters India, said the two-wheeler maker plans to come up with charging infrastructure to support its EV roadmap in India. “We hope to launch the first electric model in March 2024…it is developed on a completely new platform and based on the needs of the Indian market,” Ogata was quoted by the PTI news agency as saying.
Ogata added that the first EV to be launched will have a fixed battery, while the second will feature swappable battery technology. The company also plans to use its 6,000 outlets in India to build charging infrastructure for its electric vehicles. While the first model will be launched in March next year, the follow-up model is expected to hit Indian shores in a short time. Ogata said, “It won’t be too far from the launch of the first model. So in a very short period of time, we will introduce new products.”
Honda did not disclose details of its investment in the electric vehicle business in India. The segment is currently led by its rival Hero, with new players such as Ola Electric, Okinawa also having a significant share. Honda is currently the leader in the scooter segment with a 56% market share. The two-wheeler maker also plans to move into motorcycles, launching a 100cc bike next month.
First published date: Jan 24, 2023 at 08:53 AM CST