Honda Motorcycle & Scooter India (HMSI) has on Wednesday 2024-11-27 marked its foray in the electric two wheeler market with two scooter models – Activa e and QC1. Without sharing their price, the company showcased the Activa e with swappable battery technology and the QC1 in a fixed battery setup.
Built on a new scalable platform, both the models will be produced at the two wheeler maker’s Narasapura plant in Karnataka with an annual production target of 1 lakh units for the first year.
The Japanese automaker will announce the price of the two models and open their bookings in January 2025. Deliveries are set to commence from February onwards.
Currently, electric two-wheeler penetration in India stands at approximately 6%. In the period from January to October 2024, the segment recorded over 9.54 lakh units sold, reflecting a year-on-year growth of over 30%, compared to 6.92 lakh units in the same period of 2023. Ola Electric, a new-age EV manufacturer, currently leads the market, while established players like TVS Motor and Bajaj Auto are intensifying the competition.
.
.
.
* Indian Roadie Automotive News
No comments:
Post a Comment