Honda India to Launch First Electric Scooter by March 2025

• Honda to establish a dedicated electric motorcycle production plant in India by 2028.
• The plant will produce various electric models using commonised modules, aiming for the largest market share in the Indian ebike segment.
• This ...

• Transport minister Nitin Gadkari announced that India's EV market will be worth INR 20 Lakh Cr by 2030.
• Gadkari is optimistic that India will become the largest global automotive manufacturing hub, with the PLI scheme boosting batter...

• Hero MotoCorp reported a significant 18% increase in sales for October 2024, selling 6,79,091 two-wheelers compared to 5,74,930 in October 2023.
• The majority of sales were motorcycles, with 6,35,787 units sold, marking a 20% growth ...

Following are the few reasons that came into my Insites

1. Biofuels would be far cheaper + inhouse production

2.Electric Cars might be like walking Bombs with Batteries dying early

3.Low Milage

4.EV buyers are younger population w...