Honda Motorcycle and Scooter to enter EV space this fiscal; eyes a third of sales from segment by 2030

Honda Motorcycle & Scooter India plans to enter the electric vehicle market this fiscal year, aiming for one-third of its sales to come from EVs by 2030. The company is developing the EV model with Honda teams and will adjust production capacity accordingly. Sales expectations for the festive season are high, potentially marking a strong year for the two-wheeler industry.
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