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      Bajaj Sales Breakup Dec 2022 – Pulsar, Platina, CT, Avenger, Dominar, Chetak

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      Bajaj Auto sales in domestic market dipped YoY basis in Dec 2022 with all except the Pulsar and Chetak noting increased demandBajaj Pulsar F250Bajaj Auto Limited Two wheeler sales dipped both in domestic and global markets down to 2,35,784 units from 3,04,778 units sold in Dec 2021. The company also suffered a MoM de-growth from 2,62,120 units sold in Nov 2022. Top selling two wheelers include the Pulsar, Platina, CT, Dominar and Avenger while it was the Chetak electric scooter that saw the highest YoY growth.There were a total of 1,22,144 units sold in Dec 2022, down 1.46 percent when compared to 1,23,954 units sold in Dec 2022. Bajaj Auto had the Pulsar range at top of sales charts with 74,768 units sold in Dec 2022, up 15.09 percent from 64,966 units sold in Dec 2021.Bajaj Sales Breakup Dec 2022Pulsar range commands a 61.21 percent share on this list with Pulsar 125cc being most in demand with 40,719 units sold last month, 45.95 percent over 27,900 units sold in Dec 2021. There were also 23,909 units of Pulsar 150cc sold in Dec 2022, relating to a 12 percent YoY de-growth from 27,169 units sold in Dec 2021. Pulsar N160 and Pulsar 200 range sales stood at 9,895 units while that of Pulsar 250 stood at 245 units.At No. 2 was Bajaj Platina with a YoY de-growth of 19.29 percent to 36,157 units from 44,800 units sold in Dec 2021. CT range sales dipped 25.49 percent to 6,175 units from 8,288 units sold in Dec 2021.Bajaj Domestic Sales Breakup Dec 2022Bajaj Chetak, the company’s electric scooter performed well. Sales increased 346.29 percent YoY to 3,249 units in Dec 2022 up from 728 units sold in Dec 2021. Bajaj sold almost 30,000 units of this electric scooter in domestic markets in 2022. Bajaj Avenger and Dominar both suffered YoY de-growth. Avenger sales dipped 55.74 percent to 1,054 units from 2,377 units sold in Dec 2021. Dominar sales were down 73.42 percent to 743 units in the past month from 2,795 units sold in Dec 2021.Bajaj Exports Breakup Dec 2022Bajaj 2w exports in Dec 2022 fell 37.15 percent YoY to 1,13,640 units from 1,80,824 units shipped in Dec 2021. It was only the CT and Dominar that noted a YoY growth in sales while every other model on this list saw lower demand globally. Bajaj Boxer has been highly favoured in export markets. However, shipments dipped 34.02 percent YoY to 77,200 units in Dec 2022, down from 98,328 units sold in Dec 2021.Bajaj CT exports increased by 5.10 percent YoY to 14,714 units in Dec 2022 from 14,000 units shipped in Dec 2021. Currently commanding a 12.95 percent share, CT 125cc exports were at 9,902 units up 4.19 percent from 9,504 units shipped in Dec 2021 while CT 110cc had 4,092 units sold globally, a 27.88 percent YoY growth from 3,200 units sold in Dec 2021. There were also 720 units of CT 150 exported last month.Bajaj Exports Breakup Dec 2022Bajaj Pulsar (12,467 units), Discover (3,536 units) and Platina (2,913 units) each suffered a YoY de-growth. Dominar exports increased 39.22 percent YoY to 2,616 units from 1,879 units shipped in Dec 2021 with the Dominar 400 seeing the most demand of 2,050 units up 59.53 percent over 1,285 units shipped in Dec 2021. There were also 566 units of Dominar 250cc exported last month.Avenger 160 sales fell 80 percent YoY to 192 units from 960 units sold in Dec 2021 with an equal share of 96 units each of Avenger 220 sold last month. 2 units of Bajaj Chetak e-scooter were exported in Dec 2022. KTM has announced plans to launch the Chetak in European markets in the first quarter of 2024. More

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      Hero Xoom 110 Specs, Variant Details Leak – Bigger Than Maestro

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      Looking at the powertrain, size and features, Hero Xoom seems to be a fitting rival to Honda DioImage for illustration purpose onlyHero MotoCorp is the reigning champ in motorcycles with unrivalled dominance. With products like Splendor, Hero has gone from strength to strength in the motorcycle segment. That said, Hero has not seen such success in scooter sales. This segment is dominated by Honda, with its ever-popular Activa range.Not that Hero MotoCorp doesn’t have any scooters. It has Pleasure+ at entry-level price point, Maestro Edge 110 and Destini 125 at mid-level Maestro Edge 125 at top-level. Now, Hero is getting ready to launch a new scooter, called Xoom. It features a design language that is sporty and different from its current crop of scooters.Hero Xoom 110cc Scooter – HomologatedNew Hero Xoom scooter has been homologated and type approved at NCAT. It seems that Hero had previously homologated this under Maestro range and called it Maestro Xoom. But another document confirms that it will drop the Maestro branding, and be called just ‘XOOM’.Hero Xoom will be positioned above Maestro Edge 110. It gets a 110.9 cc single-cylinder engine making 6.0 kW (8 bhp) of power as per NCAT type approval. Hero is launching Xoom in three different variants LX, VX and ZX. While LX and VX are dimensionally identical, ZX is 18 mm wider and weighs 1 kilo more.Upcoming Hero Xoom 110cc Scooter – Specs, VariantsSpeaking of dimensions, Xoom is 1881 mm in length, 717 – 731 mm in width, 1117 mm in height and has a 1300 mm long wheelbase. In comparison with Maestro Edge 110, Hero Xoom is just as wide and weighs just as much. But Xoom is 38 mm longer in length, 71 mm shorter in height and has a 39 mm longer wheelbase.This means Hero is pitching it as a sporty scooter with less bulky body and a longer wheelbase for sorted handling and straight-line stability. While every other Hero scooter currently gets its headlights mounted on the handlebar, Xoom’s headlight unit is placed in its apron. Going by its engine capacity and form factor, Xoom can be a fitting rival to Honda Dio.Specs & FeaturesJust like Pleasure+ and Maestro Edge 110, Hero Xoom is also powered by the same 110.9 cc engine making 6 kW (8 bhp) of power and 8.7 Nm of torque. Mated to a CVT, this powertrain offers decent performance where price and segment are concerned. With switchable i3S tech, engine stop/start feature should ensure better fuel savings too.Hero Xoom Scooter – Name changed from Maestro Xoom to XoomThe new X-shaped LED elements at front and back signify the Xoom name. Features like a fully digital instrument cluster with XTEC connected tech are likely to be offered with top-spec variants. Hero should have offered an external fuel filler facility, which is missing as seen in the first spy shots. Launch price of around Rs. 65-70k (ex-sh) should be reasonable for this scooter. Official prices will be revealed at the launch event on 30th Jan 2023. More

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      Top 10 Scooters Dec 2022 – Activa, Access, Ola S1, iQube, RayZR

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      Even though top 10 scooters combined, register a 27% drop MoM – There is a decent growth of 29% in YoY analysisOla Electric ScooterHeavy lifters of scooter world like Activa, Jupiter, Access and the likes usually draw more sales than what was found in December 2022. There is a strong reason for this as people often refrain from buying vehicles at the end of the year. This is a typical pattern exhibited by buyers across various segments almost every year.That could be one of the reasons why Honda Activa sold just 96,451 units. Otherwise, Activa sales easily hover around the 1.75 lakh units mark and go well beyond 2.5 lakh during festive seasons. When compared to 1,04,417 units sold last year and 1,75,084 units sold a month before, Activa fell into the red completely and saw 7.63% YoY drop and sales almost halved MoM with 44.91% decline.Top 10 Scooters December 2022Volume lost YoY stood at 7,966 units and an astounding 78,633 units MoM. Despite a heavy fall like this, Activa still commands 35% market share in the top 10 list, down from 46%% a month before. By selling 39,849 units, TVS Jupiter managed to register a positive growth of just 4.48% and gained 1,707 units in volume over 38,142 units sold in 2021.Just like Activa, Jupiter also saw a decline in MoM accounting to 15.97% and lost 7,573 units in volume and held 14.5% market share. In 3rd spot, we have Suzuki Access with 30,228 units sold in its name. A similar pattern to Jupiter was observed as Access gained 19.2% sales YoY and 4,870 units in volume.Top 10 Scooters Dec 2022 vs Dec 2021 – YoY analysisAccess took a sharp dip at 37.17% MoM and in the process, lost 17,885 units. Market share of Access stood at 11%. Hero Pleasure and Honda Dio seem to have used an Uno reverse card as they both have turned their fortunes around YoY and even registered decent MoM growth. Pleasure sold 23,814 units and Dio sold 20,615 units and took 4th and 5th spots.It must have been very pleasurable for Hero Pleasure in reporting an exceptional 158.71% YoY growth and 20.64% MoM growth. Volume growth stood at 14,609 units YoY, highest on this list, and 4,075 units MoM. Dio registered 138.68% YoY growth and 28.03% MoM growth. Dio gained 11,978 units in volume YoY and 4,513 units MoM.Ola S1, TVS iQube – Electric scooters in Top 10Ola Electric Scooter S1 entered the top 10 list at the No 6 spot with 17,280 retail sales. This was a massive 7100% YoY growth and 5.97% growth MoM. TVS Ntorq at 7th place fell into the red with 16,191 units sold in its name last month. That said, loss in sales is not that high as YoY decline was 3.96% and MoM decline was 4.78%. Volume lost YoY is 668 units and MoM is 812 units. Numbers are highly likely to improve next year.Top 10 Scooters Dec 2022 vs Nov 2022 – MoM analysisWhen compared to 1,212 units sold last year and 10,056 in Nov 2022, TVS iQube sold 11,071 units and gained an exorbitant 813.45% YoY and 10.09% MoM. Yamaha’s first entrant into this list is RayZR 125 and sold 9,713 units. By doing so, RayZR saw 68% YoY growth over 5,781 units sold in 2021 and saw a 10.02% decline in MoM. Volume gain YoY stood at 3,932 units and volume lost MoM was 1,082 units.Hero Destini outdid itself over last year’s performance with 9,123 units and registered 224.89% YoY growth. Sales more than quadrupled when compared to 2,808 units sold a year ago. However, it was downhill for Destini MoM as it sold 15,411 units a month before.In total, top 10 scooters for the month December 2022 accounted for just 2,74,335 units. It wasn’t enough to surpass 3,76,031 units sold by top 10 scooters in November 2022 and hence a 27% MoM decline was observed. That said, December 2022 sales fared better than 2,12,659 units sold in 2021 and hence 29% YoY growth was observed. More

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      Royal Enfield Sales Breakup Dec 2022 – Classic, Bullet, Meteor, 650 Twins

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      Bullet 350 showed a surprising growth in both YoY and MoM analysis when most of its more popular siblings were witnessing drop in salesRoyal Enfield Sultan by Neev MotorcyclesAt the end of a typical year, people often hold themselves back from buying a new vehicle. A behavioural pattern observed across most segments. People often wait to get a new vehicle in the new year. Royal Enfield doesn’t seem to be immune from this pattern and suffers decline in Dec 2022.With a total of 59,821 units sold in domestic market, Royal Enfield couldn’t beat 65,194 units sold in December 2021 and 65,760 units sold in November 2022. As a result, there is an 8.24% YoY decline and a 9.03% MoM decline in the domestic market. Volume lost YoY was 5,373 and MoM was 5,939 units.Royal Enfield Sales Breakup Dec 2022Classic 350 is still the highest-seller with 20,682 units sold. As opposed to 34,723 and 26,702 units sold a year ago and a month before respectively, Classic 350 fell into the red with a 40.44% YoY drop and a 22.55% MoM drop. Despite that, its share in overall RE sales stood at 34.57%.Hunter 350 fared better last month as it saw a 10.73% MoM gain by selling 17,261 units over 15,588. Volume gain stood at 1,673 units and market share of Hunter 350 was 28.85%. Next in line is Bullet 350 with 8,816 units. It is the only motorcycle in this list that registered a YoY growth of any sort and positive growth in both YoY and MoM analysis.Royal Enfield Sales Breakup Dec 2022Volume gained by Bullet 350 stood at 755 units YoY and 605 units MoM. Meteor 350 took 4th place in Royal Enfield’s domestic sales with 6,298 units. When compared to 10,977 units sold last year and 7,694 units sold a month before, Meteor 350 lost 42.63% YoY and 18.14% MoM. Electra 350 sold 3,381 units and followed Meteor’s pattern.Sales dropped by 25.22% YoY and 18.92% MoM for Electra 300. Even though Himalayan lost 51.05% YoY by just managing to sell 2,257 units last month, sales improved MoM by 6.41%. The company’s current flagships Interceptor 650 and Continental GT 650 combined, sold 1,126 units only. Hence a decline of 51.06% YoY and 11.62% MoM was registered.Royal Enfield Exports Dec 2022Just like we saw with the domestic market, exports were dominated by Classic 350. With 2,652 units shipped, Classic 350 fell in the green throughout, unlike in the domestic market. Numbers grew by 33.74% YoY and 217.22% MoM. Classic 350’s market share in exports is 30.91%, up from 16.70% a month before. Volume gained YoY was 669 units and MoM was 1,816.Royal Enfield Exports Breakup Dec 2022Meteor 350 exports came close to Classic’s at 2,398 units. This too, saw positive growth throughout with 5.36% YoY growth and 581.25% MoM growth. Volume growth YoY was just 122 units, but volume growth MoM was a staggering 2,046 units. Royal Enfield shipped 1,657 Hunter 350 last month and saw a 31.04% MoM decline.Just like in domestic market, Himalayan sales grew MoM and fell YoY. With 1,531 units shipped, Himalayan saw a 38.44% YoY drop and 47.07% MoM growth. Lastly, 650 Twins’ figures dropped by 81.02% YoY and 8.82% MoM with just 341 units shipped. In total, Royal Enfield exports saw 0.42% YoY growth and 71.37% MoM growth. Volume growth stood at 36 units YoY and 3,537 units MoM. More

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      2024 KTM RC 390, RC 125 Spied – Earlier Front Design Back?

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      A large chunk of buyers put-off by current RC design language, will be pleased with upcoming redesigned KTM RC 390 and 1252024 KTM RC 125 SpiedKTM has its roots firmly secured in India by partnering with Bajaj Auto. This way, KTM’s high-explosive performance motorcycles are made accessible to a mainstream audience. 2022 witnessed updates to most KTM products in India. Some were evolutionary, while some were just quality-of-life improvements.390 range of motorcycles are KTM’s forte. They have been very well received across the globe. KTM 390 range includes RC 390, Duke 390 and ADV 390. KTM has started work on updating the 390 range. Newer versions of 2024 Duke 390, Adventure 390 and Enduro 390 have already been spied. What about RC range? Those are getting a complete redesign too. New spy shots have emerged online.2024 KTM RC 390, RC 125 SpiedWhen the RC range was first launched, not everyone liked it. That said, people quickly appreciated the sportiness at a level never seen with motorcycles in the said segment. Over the years, bikers got accustomed to the unique look of the KTM RC range. But then, last year we saw a complete design overhaul of the RC range – transforming its alienist looks to a more conventional look.But that seems to have backfired. KTM fans are more drawn towards the old design. If the new spy shots are anything to go by, KTM is likely to bring back the old design in the 2024 RC range. The alienist look is back, but subtler than before. This is an ode to pleasing buyers wanting something that stands-out.2024 KTM RC 125 SpiedBoth RC 390 and RC 125 look completely identical where fairing and body panels are concerned. Engine casing for both look similar as well. Subframe is mostly exposed, ending in a sharp LED taillight, while there is a yellow-tinted visor at front. Tail-end is kept fairly clean too, revealing its fat tyre.In the front, suspension duties are handled by USD forks by WP. KTM’s new banana-shaped swingarm and a direct-acting rear mono-shock unit is the same with both RC 390 and RC 125 test mules. Differentiating factor between the RC 125 and RC 390 is in their front brakes. While RC 125 gets a round skinny rotor like found with outgoing RC 200. Whereas, RC 390 gets a conventional chunky rotor with a petal design.Specs & LaunchEngine is reportedly all-new. More power and torque is expected, ensuring an even thrilling riding experience. For reference, the current RC 390 makes 43 bhp of power and 36 Nm of torque. With RC 125, power is likely to still stay within the 15 bhp limit. This is so that it complies with A1 license norms in Europe.2024 KTM RC 390 SpiedWith the redesign, KTM is likely to attract a lot of buyers who had a thing for previous RC design language. All of the RC lineup including 125, 200, 390 and 990 are still under testing. Launch is likely to happen in 2024.Source More

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      Magron Novus Electric Motorcycle Spied In Bengaluru – Gets Forged Carbon Fiber

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      A new EV startup based in Bengaluru is getting ready to launch World’s first fully forged carbon fiber electric motorcycleMagron Novus Electric Motorcycle SpiedEV scene in India is on the rise and there are more players now than there ever were. Bhavish Aggarwal led Ola Electric and is currently in the lead where two wheeler EV sales are concerned. Other players include Hero Electric, Ampere Electric, Okinawa, TVS, Bajaj, Hero MotoCorp, etc In November 2022, 2W EV sales stood at just over 75,000 units.With electric scooter and motorcycle sales on the rise, more and more new companies are getting ready to enter the market. One such company is Magron Novus which is eyeing premium electric motorcycle space. This is a segment where there are not many players as of now.Magron NovusIn the premium motorcycle space we have Bangalore based Ultraviolette, who recently launched F77 electric sportsbike at a starting price of Rs 3.8 lakh. Seems like soon there will be a rival in the form of Magron Novus Electric Motorcycle. It will be the world’s first fully forged carbon fiber electric motorcycle.Yes, you read that right. A fully forged carbon fiber body is set to be draped on a sporty electric motorcycle which is currently under testing. This Bengaluru-based startup is currently testing its maiden product. Thanks to automotive enthusiast Paul Thomas, we now have exclusive spy shots of this electric sports bike.Magron Novus Electric Motorcycle SpiedIt was spotted testing on the Outer Ring Road, wearing a green number plate that reads Magron Novus. Usually, test mules are seen with a red number plate, no matter what type of powertrain they are testing. This is a little unusual to see green plates on a test mule that don’t have any numbers. Front fascia is not visible from spy shots, but the company website has a teaser which shows presence of sequential LED DRLs, that might double up as turn indicators.Magron Novus Electric Motorcycle gets a full fairing which looks sleek and minimal in its appeal. Magron has stuck to minimalist design language instead of that of aggression. The overall product looks very appealing and sporty. There is a neatly integrated LED taillight and LED blinkers as well. It gets a rear mono-shock and a mid-mounted motor.Battery Specs, New FeaturesPowertrain details are not confirmed. But the company website reveals up to 7.5 kWh of battery pack. Magron Novus will come with AI, VCU, ADAS, RAS, 6-axis IMU, blind spot detection, lane-change warning, LDR, and secure access and we can expect more tech with a production-spec model.Magron Novus Electric Motorcycle SpiedBlind spot detection and ADAS on motorcycles are unique and are expected to generate a lot of buzz in the industry. There will be forced induction to actively cool batteries and an acoustic sound chamber to mimic ICE sounds. Magron Novus looked fairly production-ready and could be launched this year.Forged carbon, which is found on Magron Novus, has some advantages over regular woven carbon fiber. When new, this tech was only found on expensive supercars like the Lamborghini Huracan Performante. It is made of chopped-up carbon fiber strands instead of woven fabric and is bonded by epoxy resin and baked in an autoclave. Toyota GR Yaris and GR Corolla both have a forged carbon fiber roof. But Toyota chose to cover it with regular woven carbon fiber effect vinyl for some reason, while it is proudly embraced and displayed on a Huracan Performante. More

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      Jawa Tawang Edition Launch Price Rs 20k More Than Std Variant

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      Jawa 42 ‘Tawang Edition’ is limited to 100 units and is exclusively on offer in North-Eastern States of IndiaJawa Tawang EditionJawa Motorcycles has launched exclusive Jawa 42 ‘Tawang Edition’ at the Torgya Festival in Tawang. Inspired by the mythical ‘Lungta’or Wind Horse, the ‘Tawang Edition’ was launched on this occasion and in this region of India which is regaled as the motorcycling haven for biking aficionados.Jawa 42 ‘Tawang Edition’ was unveiled by Mr Tsering Tashi, MLA Tawang, Arunachal Pradesh, Mr Sonam Chombay, Commissioner to CM and Mr Oken Tayeng, Chairman – Adventure Tour Operator Association of India, NE Chapter. A few units of this special edition bike were also handed over to customers.Jawa Tawang Edition Limited To 100 UnitsBased on the Jawa 42, this Tawang Edition is identical to its standard counterpart except for a few accents specific to the area. For example, it gets a Lungta motif on its fuel tank and fender. This mythical wind horse symbolizes prosperity and good fortune.Lungta for a Tibetan means fortune or good luck and combines the speed of wind and strength of a horse to carry prayers to heaven. The new Jawa 42 also gets inscriptions inspired by the North-Eastern region and a bronze medallion distinctive to each unit.Jawa Tawang Edition Limited To 100 UnitsThe Torgya festival is celebrated over two days in Tawang by the Monpa community of Arunachal Pradesh. It brings in the New Year and includes a series of dances and acts of worship and wards off external energy from the earth that can cause harm and natural calamities.New Features, PricesJawa Tawang Edition shares all features with the 42 that includes 17/18 inch alloy wheels, flyscreen, headlamp grille and bar end mirrors. It also draws its power via the same 293cc, liquid cooled, fuel injected engine that offers 26.95 hp power and 26.84 Nm torque mated to a 6 speed gearbox with cross port technology. It also receives telescopic forks and dual spring suspension and disc brakes at the front and rear along with single channel or dual channel ABS.Considering its exclusivity to the North-Eastern Region of India and its special limited edition units, the Jawa 42 ‘Tawang Edition’ is priced at Rs 20,000 over the cost of Jawa 42 Version 2.1 which currently sells at Rs 1,94,142 (ex-showroom).The Jawa 42 Tawang edition commands a price of Rs 2.45 lakhs (on-road including accessories like jacket, helmet and registration). Jawa 42 competes with the Royal Enfield Classic 350, Honda H’Ness CB 350, Ronin and Hunter 350. More

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      Honda Activa Electric Scooter Launch In Jan 2024 – CEO Confirms

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      Arriving late on the scene shouldn’t be a problem for a brand like Activa that is widely preferred for its reliability and peppy performanceImage for illustration purposeHonda recently launched Activa H-Smart variant that comes with a new advanced handsfree system with car-like keyless features. At the event, Honda Motorcycle and Scooter India (HMSI) MD and CEO Atsushi Ogata also revealed the company’s EV roadmap.As was being anticipated, Honda’s first EV for India will be the electric version of its bestselling Activa scooter. According to Ogata, Activa Electric will debut at the same time next year, that is Jan 2024. It will be interesting to see if Activa Electric can achieve the same level of popularity as that of its ICE-based counterpart.Activa Electric battery, top speedWhile most new launches in electric two-wheeler space are aiming to beat their closest competitors in terms of range, top speed, performance specs, etc., Activa Electric appears to be following an entirely different approach. Activa Electric will be focusing more on reliability. It will have a top speed of 50 kmph, which is much below the prevailing industry average of around 80-100 kmph.Activa Electric will be essentially a transplant job. It appears that Honda is planning to play it safe, so as to avoid any negative developments. EV tech is new and considerable time has to be spent on testing to ensure everything works out in a smooth, safe manner. Activa Electric will have a fixed battery setup, which will reduce the risk of incidents like fire caused by mishandling.Honda Activa Electric will be similar in design to current Activa petrol scooter.Visually, Activa Electric will be largely the same as current ICE-based Activa. Hardware such as suspension and braking setup could also be shared to keep costs down. Activa Electric range is likely to be modest, especially in comparison to the likes of Hero Vida V1 Pro that has a certified range of 165 km.Honda electric scooter with swappable batteryAfter Activa electric, Honda has plans to launch another electric scooter in India. This will be based on an entirely new born-electric platform. It will be a mainstream EV product and have capabilities similar to that of existing bestselling electric scooters in the market. As compared to Activa Electric, Honda’s second electric scooter in India will have a swappable battery system.Honda has set a target to open battery-swapping stations across most of its consumer touchpoints in the country before launching its second EV. With more than 6000 battery swapping stations, Honda’s second EV will not be impacted by issues like range anxiety. Ownership cost can also be reduced if Honda could provide subscription-based plans that do not include the cost of battery.While Honda’s progress in EV space may seem slow, there are valid reasons for the delay. Ogata said that they could have easily taken their EVs from China and introduced them in India. However, that’s not the case.Honda is focusing on developing India-specific products and achieving a high level of localization. Even parts like battery packs and e-motor, which are usually imported, are expected to be sourced locally. Much of Honda’s investments in FY 2023-’24 will be allocated towards setting up EV manufacturing facilities and related infrastructure. Honda has already setup a subsidiary in India which will manufacture battery packs.Even though Honda will be entering the EV space soon, Ogata says that conventional ICE-based scooters will continue to dominate. In the foreseeable future, much of Honda’s sales will be from its ICE-based two-wheelers. Its first EV Activa Electric will target users with limited running. For more frequent use and longer distances, ICE Activa will continue to be the preferred choice. More