TechnologyHonda will invest $3.4 billion in electric two-wheelers

Honda will invest $3.4 billion in electric two-wheelers

Honda, one of the big automobile companies, plans to invest $3.4 billion in manufacturing electric motorcycles and mopeds. Honda, one of the world’s largest two-wheeler makers, plans to launch 30 new electric two-wheelers by the end of this decade.

According to a media report, the company also aims to reduce the cost of electric motorcycles. The company said in a statement that it will invest about $ 700 million by 2025 for the electrification of its motorcycles. After this, about 2.7 billion dollars will be invested till 2030. Honda has also increased its global sales target to 40 lakh units by 2030. The company plans to initially use the existing infrastructure for its internal combustion engine models. After this, the company will start a separate plant for electric motorcycles from 2027.

Honda also plans to increase convenience for customers. For this, option to buy motorcycles online will be given. Recently the company launched SP125 Sports Edition motorcycle in India. Its price is Rs 90,567 (ex-showroom, Delhi). It will be available at Honda Red Wing dealerships across the country. This motorcycle has been given better tank design, matte muffler cover and new graphics than before. It is available in Decent Blue Metallic and Heavy Gray Metallic colors. It has bright LED headlamp, fully digital instrument console. Mileage related information is also available in its instrument console along with gear position indicator. The SP125 Sports Edition has a 123.94 cc, single cylinder BS 6, OBD2 compliant PGM-FI engine, which can generate 8 kW of power and 10.9 Nm of torque.

Activa has played a major role in increasing the company’s sales in the country. A few months ago, Activa had also achieved the milestone of sales of more than three crore units. Earlier this year the company had launched Activa 6G. It has been made available in three variants of Standard, Deluxe and Smart. The company’s H-Smart technology has been given in it. Activa has been the most popular scooter in the two-wheeler market for the last several years. A smart find feature is also provided in this scooter through which the user can search the scooter using the smart key.

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Automobile, Factory, Electric Vehicles, Honda, Market, Manufacturing, Features, Customers, Purchase, Motorcycles, Price

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