Sunday 6 March 2011

Yamaha mulls electric 2-wheeler for India; 2 new bikes in 2011

New Delhi, Mar 6 (PTI) Japanese auto giant Yamaha today said it might consider launching an electric bike in the fast growing Indian two-wheeler market to offer an alternative mode transportation.
The company''s wholly-owned subsidiary, India Yamaha Motor, is also developing an India-specific scooter that will hit the roads in the "near future". Besides, it will launch two new bikes in the country in this year.
"For rising fuel prices, electric bike is a good option.
Currently we are selling electric bikes in Japan and Europe.
There is a possibility for the Indian market for introducing these products," India Yamaha Motor Director (Sales and Marketing) Jun Nakata told PTI.
He, however, did not share details like specifications and when the firm was likely to launch the products in India.
Last year, the company had said it would focus more on India with more investments and aimed to have 10 per cent of its total global sales from the country within the next 3-4 years.
When asked about its plans for the scooter segment, Nakata said: "We are preparing to enter the scooter market.
The product is under development in Japan and it will be an India-specific product."