The Japanese bike manufacturer Yamaha is working on electric two-wheeler platform in India
Yamaha Motor Corporation (YMC) Japan along with Yamaha Motor Research and Development India (YMRI) has inaugurated the development of a new electric vehicle platform for India as well as the International market, confirmed by the Managing director of the company, Yasuo Ishihara.
A few months ago, YMRI conducted a feasibility study to monitor the consumer requirements, usage patterns and climatic conditions of India which plays a vital role in developing an electric two-wheeler market.
“The development of an all-new electric vehicle platform is underway. We always want to start a new product based on a global platform. It won’t be only for the Indian market. It will be for the other global markets, too. Such a global platform strategy we have. We are setting up alliances with some key suppliers. That will hopefully fetch some good results for Yamaha’s India business of electric vehicles in the future. I won’t be able to share more details on this subject.” says the MD of the company.
The Japanese manufacturer already has a good experience in manufacturing and retailing the electric two-wheelers in some countries like Japan and Taiwan.
Yasuo Ishihara, the MD of Yamaha Motor went to Taiwan in past, to study the ecosystem of electric two-wheelers. Confirms that the company is considering the battery swapping model for the electric vehicle charging infrastructure. In addition to that, Ishihara commented “Yes, we are considering the battery-swapping model as one of the energy options. When the customer wants to charge his EV with a swappable battery, he would take a similar amount of time as he currently takes while filling in the gas at the fuel pumps. Our global headquarters follow a policy to not announce any forward-looking plans. However, without disclosing any details, all I can say is that it won’t be much different (from other electric two-wheelers in the market).”
At the 58th SIAM annual convention recently, Union Minister Nitin Gadkari had urged the automakers to work towards achieving a 15 percent electric vehicle penetration in next five years. The two-wheeler segment, which accounts for more than 80 percent of the total domestic auto industry sales every year, will be the key segment contributor in achieving the same.
Major domestic players such as Hero MotoCorp, Bajaj Auto, TVS Motor Company, Suzuki Motorcycle India, India Yamaha Motor and even Royal Enfield has publicly mentioned about developing electric two-wheelers for the Indian subcontinent.