- To introduce two electric vehicles in FY2024
- Will manufacture electric vehicles in Karnataka
- Electric motor to be produced in-house
Honda Motorcycle and Scooter India has made new announcements for its electric vehicle plans in our market. The company has announced a new ‘E’ platform for electric vehicles, which will serve as the foundation for a variety of electric models, including fixed battery type, swappable battery type, and mid-range electric vehicles.
Further, as part of Project Vidyut, the company will launch two new electric two-wheelers in India in FY2024 (April 2023-March 2024). The first one will be a mid-range Electric Vehicle, while the second will feature a swappable battery type and utilise the Honda Mobile Power Pack e:.
Apart from introducing new products, Honda Motorcycle and Scooter India will also set up a comprehensive charging network in our market. The company said in its press statement that it would install charging stations across the existing 6,000+ network touchpoints.
The manufacturer will eventually transform some of these outlets into Workshop ‘E’. This exclusive setup will house HEID battery exchangers and mini battery exchangers for swappable battery type and charging cables for fixed battery type. The Indian arm of the Japanese manufacturer also added that it plans to leverage the overall ecosystem, including Battery swapping stations at petrol pumps, metro stations, and other locations, to provide charging solutions to its customers.
The company added that the Narsapura Plant in Karnataka will exclusively focus on the production of electric vehicles. These electric vehicles will utilise domestically manufactured components such as batteries and PCU. Further, the motor for the electric vehicles will be designed and produced in-house by Honda.
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