Yamaha and, honestly, all the leading Japanese motorcycle makers have been reluctant to accept hybrid bikes and scooters. This reluctance has opened the door to numerous startups that have grown to increase supply with rapid progress.
Today, Yamaha may be trying to play catch-up to keep the motorcycle giant from losing its potential market share.
Yamaha’s last significant development in the Asian electric bike industry was the Yamaha EC-05 electric scooter, launched about 18 months ago.
The scooter did not fail, snatching up multiple international architecture awards and delivering a respectable speed performance of about 85-95 km/h (53-60 mph).
But it wasn’t precisely Yamaha’s scooter, certainly not under the body. Yamaha contributed its styling department, but the actual technologies that powered the scooter came from the Taiwanese scooter company Gogoro, including the pair of interchangeable batteries which can give the Yamaha EC-05 a mileage of up to 100 km (62 miles) per charge.
But new rumors now say that Yamaha is planning for its game as Yamaha aims at the Indian electric two-wheeler competition. India is the home to the world’s largest motorcycle industry, propelled both by the country’s loving arms of two-wheelers and its over 1.3 billion-plus balloon population.
According to BikeDehko, India’s auto industry was projected to cross 30% of its electricity market share by 2030. India’s EV growth has stalled more recent years due to the COVID-19 pandemic and its manufacturing interruption.
The government’s FAME-II subsidy program to boost EV manufacturing is also expected to support this development, thus encouraging companies like Yamaha to produce electric two-wheelers domestically.
Yamaha has three manufacturing facilities in India and has been evaluating the potential to increase its EV production there.
As Yamaha Motor India Sales Senior Vice President Ravinder Singh told PTI earlier in the summer:
We are undertaking a feasibility report on EVs, and we are seeking to understand both the industry requirements and the government’s road map on EVs. In the next few years, we might be deploying electric vehicles in India.
But now the timeframe could be boosted, as Yamaha looks to rise to its pre-COVID-19 manufacturing stage as India exits lockdowns.
India can only achieve success with a simple roadmap, a stable schedule, and careful planning. But as we step through the new normal process of unlocking, we need to follow a comprehensive assessment of the present situation to reconsider how the automobile industry can be restored to its pre-Covid glory. Said, Ravinder Singh
Building up two-wheeled EVs in India will be compatible with Yamaha’s more extensive EV development plans, although the overall EV timetable remains uncertain.
Yamaha has made significant steps, such as building hybrid motorcycle batteries alongside Honda, Suzuki, and Kawasaki. Together, the firms make up the Major Four motorcycle makers in Japan.
But after a few fancy model vehicles and the latest Yamaha electric motor planned to be used by other EV manufacturers, we still have to see such steps and alliances result in industrial-changing EVs from Yamaha or other major Japanese manufacturing companies.