Yamaha to launch its electric vehicle in India only after seeing a stable roadmap from the government
- Yamaha is developing electric scooters for the Indian market
- The electric scooter will be launched after reviewing government policy
- A stable roadmap will lead to Yamaha’s electric scooter launch in India
Yamaha had revealed that it is developing a new platform for EVs at its headquarters in Japan, that will be used for making the EVs for Indian and global markets. However, Yamaha has not revealed details about the launch yet.
As per a report from Autocar India, Yamaha Motors is expecting a stable roadmap from the government for the adoption of EVs in India before launching its electric vehicle. They are looking at the infrastructure, the facilities for EVs and are confident that the government is serious about EVs, which was seen from the revised FAME II policy.
Fame II scheme aims to promote electrification of public and shared transportation through subsidies. About 7090 e-buses, 5 lakh e-3 wheelers, 55000 e-4 wheeler passenger cars and 10 lakh e-2 wheelers are likely to be supported through subsidies that will cut the price of EVs in India.
The electric scooter market has seen considerable growth in recent years and is expected to grow as biggies like TVS and Bajaj have already launched their EVs while Hero and Suzuki have also announced their 2-wheeler EVs. Also, there are some promising EV startups like Ather that have shown promising consumer response in Tier 1 cities.
Yamaha has been manufacturing EC-05 for the Taiwanese market in collaboration with GoGoro. GoGoro is a Taiwanese platform that has a wide battery-swapping network. EC-05 will not be launched in India as GoGoro has partnered with Hero MotoCorp for the battery swapping network and the development of new scooters based on GoGoro platform.
AdvertisementYamaha recently unveiled Fascino 125 Fi Hybrid in India, which is available in both disc and drum brake versions. It features a ‘Smart motor-generator (SMG)’ that adopts the hybrid system and provides smooth acceleration and a quieter engine start.
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