By 2030, HMSI plans to roll out 10 lakh electric 2W units in Karnataka

Honda Motorcycle & Scooter India has said it plans to launch its first two electric two-wheelers next fiscal at its Narsapura plant in Karnataka. By 2030, the company expects to produce 10 lakh electric vehicles per year.

"Electric mobility is growing in India and our aim is to build the country's best EV business structure. To fulfil our EV business requirements we are coming up with a dedicated factory in Narsapura," Honda Motorcycle &Scooter India (HMSI) Managing Director, President and CEO Atsushi Ogata told reporters here.

"We aim to reach one million annual EV production at Narsapura by 2030," he said.

In the future, HMSI plans to introduce multiple EV models with fixed and swappable batteries on a dedicated platform.

Ogata said the company will utilise its existing sales network of around 6,000 touchpoints to come up with charging stations and for utilizing battery swapping.

Besides providing convenient battery-swapping solutions to EV users, HMSI plans to utilize the entire ecosystem, including battery-swapping stations at petrol pumps, metro stations, and other locations.

Ogata noted that in line with Honda's global direction to increase electric vehicle and fuel cell vehicle unit sales ratio to 100% per cent by 2040, the company will continue to improve the efficiency of ICE engines with the introduction of flex-fuel engines and follow government direction for alternate fuels while expanding electrification of models and ecosystem.