HMSI sets up dedicated factory for electric two-wheelers in K'taka; to roll out 10 lakh units per year by 2030

Updated: Mar 29 2023 6:05PM

New Delhi, Mar 29 (PTI) Honda Motorcycle & Scooter India on Wednesday said it is setting up a separate unit at its Narsapura plant in Karnataka to roll out electric two-wheelers with first two models expected to hit the market in the next fiscal.

The company aims to touch 10 lakh electric vehicle production capacity at the plant annually by 2030.

"Electric mobility is growing in India and our aim is to build 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.