New Delhi: Japanese Wheeler Major Yamaha works on the All-New Electric Vehicle Platform for India and other global markets but the company’s investment on electricity mobility in this country will depend on the government which places a clear road map and stable policy, according to senior company officials.
While the government has pushed electric vehicles (EVS) with a fame scheme II where it has last month increasing incentives for electric two-wheeled vehicles (E2W), Yamaha believes that the problem is greater than the availability of infrastructure, battery production, battery production, and exchanging infrastructure need to be handled.
“We already have a dedicated team at our Japanese headquarters, working on a complete electric vehicle platform for India and other global markets,” said Yamaha Motor Chief India Motofumi Shitara told PTI.
In fact, he added, “We have been producing EV models in Taiwan for the past 2 years in relation to Gogoro.
So, technology and expertise to develop and produce existing EV models.” When asked whether the company plans to make new investments in India for electricity mobility, said Shitara, “At present, there are greater challenges related to investment and this cannot be handled unless the Indian government describes clear roadmaps and stable policies and stable policies .
“The success of EVS only depends on customer acceptance in general, which is only possible with the availability of appropriate infrastructure, filling stations, battery production and infrastructure exchanging for electric vehicles, he stressed.
“So all the factors mentioned above are intended by the government, we will not only introduce but also produce EV models in India.
Is a separate investment will be made or not is something we will update, closer to the transition,” Shitara said.
However, he said the Yamaha, who was recently launched by the Fascino 125 Fi Hybrid Scooter was “the first step towards entering the EV room on the Indian market, with a small note”.
Fascino 125 Fi Hybrid with the help of electric power, he added, “is only one of the many technological advances achieved in the field of electricity mobility by Yamaha, which we planned to be introduced in the Indian market from time to time”.
“But we contemplate factors such as prices, performance, and infrastructure before we launched the product (EV) for the Indian market,” Shitara said.