Latest!

Honda’s first e-scooter will launch in India by March 2024: Report

Highlights

  • This e-scooter will reportedly feature a top speed of 50 kmph
  • There’s also a budget-oriented 100cc petrol motorcycle in the pipeline
  • The company’s CEO explained the reasoning behind the delay in launching an e-scooter in India

Automotive enthusiasts in India can currently choose from a wide selection of e-scooters, including from manufacturers like Ather, Ola Electric, and since recently, Hero MotoCorp. One automaker that has been conspicuously absent in this space is Honda. But that’s changing soon, as per the CEO and Managing Director of the Honda Motorcycle & Scooter Pvt Ltd, Atsushi Ogata.

The executive told reporters that the company’s Indian subsidiary, Honda Motorcycle & Scooter India (HMSI), will launch its first electric scooter by March 2024. Furthermore, Ogata shared that the first Honda e-scooter reaching Indian shores will feature a non-removable battery pack, while the second model will carry a removable variant for added convenience.

Also ReadHonda to launch 10 electric scooters and motorcycles by 2025

We also learn that the vehicle will have a top speed of up to 50 kmph, with Ogata adding that the team began working on the first e-scooter six months ago. The executive didn’t reveal the name of the upcoming e-scooter.

Why did Honda wait so long to launch e-scooters in India?

Honda India has been somewhat slow in catching up with the electric scooter market. We now learn that this was a conscious decision and not a case of being slow to catch up to the competition.

“Our market share in total two-wheeler sales in India is at its highest because of a very strong portfolio, efficient dealership network, etc. So, it (launching an EV) was not an urgent matter from a business point of view,” Ogata told the media.

The Honda EM1 e was unveiled in November 2022

Elaborating further on the company’s upcoming e-scooters, the CEO said they would be based on an all-new e-scooter platform and not a remodelled version of existing petrol-powered scooters. The executive said there are currently no plans to develop an electric motorcycle.

Lastly, Ogata talked about HMSI’s upcoming 100cc motorcycle, which will break cover in March. Targeting the low-end motorcycle market, the manufacturer expects customers to be “positively shocked” at its price tag. However, the CEO didn’t provide an estimate of the upcoming motorcycle’s price range.

Source: Business Standard

Via: Moneycontrol

Comments
Tags: