Did you hear the news? Yamaha is planning to introduce electric two-wheelers for India in a matter of time. Read more to learn more!
Electric vehicles are the new sustainable model of mobility that has the potential to reduce the contribution of IC vehicles to the overall carbon footprint of the country.
It is never been enough said that electric vehicles are the future of the country. India has a good stance in terms of EV technology and infrastructure that is required to boost the demand for electric vehicles. Now with the amendment of the Fame II scheme, electric vehicles are bound to get incentives and will have a lesser cost of ownership.
In addition to all this, each state government in the country has been initiating new schemes and policies to help two, three and four-wheeler customers to upgrade from IC vehicles to electric vehicles in the hope to have a controlled and sustainable environment.
At this juncture, all the ICV makers in the two and four-wheeler segment are focusing on entering the EV market with products that have a distinctive design unique to the automakers' taste. One such company which is ready to step into the game of electric vehicles is Yamaha, a two-wheeler brand that needs no introduction at all due to the familiarity of the Indian customers with the brand's unique and reliable motorcycles and scooters.
Yamaha has confirmed that it is in the process of developing a new electric scooter for the Indian Market. However, the manufacturer mentioned that the new electric scooter under development will also be sold globally. The two-wheeler maker has been keeping a close watch on the EV market and is waiting to strike at the right moment. The manufacturer mentioned that they are keen to enter the EV market, however, are waiting to see how the EV policy develops and how the government will work towards formulating the entire EV policy of the country.
The company is learning how the EV market would respond and is waiting to see how the adoption of EV technology coupled with EV infrastructure is going to turn out for the automaker. Yamaha mentioned that a newer version of 125cc scooters will be the stepping stone to their ideal EV market. The company, for now, has a roadmap that is focused on converting their products such as the Yamaha Fascino 125 FI and RayZR scooters into Hybrid vehicles. Yamaha believes that hybrid technology which involves the use of electric power-assisted petrol engines will be a major game-changer for the company and would lay down the path for them to enter the EV segment.
Ravinder Singh, Senior Vice President, Sales and Marketing, India Yamaha Motor, said, "Our initial step towards entering the EV space is by converting the Fascino 125 FI into a hybrid vehicle that is assisted by electric power. This is just one of the technological advancements that the company has achieved which would pave the way to electric mobility."
He added," Our company and its team members are working towards developing an all-new electric two-wheeler platform for the Indian market and also for other global markets as well. We do have the technology to enter the EV challenge. For the last two years, Yamaha has been successfully selling EVs in Taiwan."
"However, there are many factors that should be considered like the pricing of the vehicle, performance and most importantly the infrastructure to set up for EVs. By infrastructure, we mean various challenges like setting up charging stations, battery production plants and battery swapping facility. These are considered by Yamaha as the major challenges which if not properly addressed, would create problems for the customers. These are the reasons why we are looking for a clear roadmap and good EV policy from the Indian Government. If everything aligns perfectly, we will introduce an EV specifically for India." Added Singh.
Yamaha had presented its E 01 electric two-wheeler which was an initial concept version, at the Tokyo Motor Show and the Yamaha EC-05 is another electric scooter that has taken shape thanks to the collaboration with Gogoro, a company in Taiwan. Yamaha has acquired knowledge in this field and is ready to introduce similar electric two-wheelers in India if it finds the EV market in India has matured enough.
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