E Amazings – Money management
  • Home
  • Automotive
  • Business
  • CBD
  • Crypto
  • Education
  • Entertainment
  • Fashion
  • Finance
  • Health
  • Home Improvement
  • Law \ Legal
  • News
  • Shopping
  • Sports
  • Technology
  • Travel
  • Need Help?

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

What Closing Costs Do Home Buyers Have?

February 25, 2023

What Is Realtek HD Audio Manager

February 2, 2023

A Basic Guide To Cell Tower Leasing

February 2, 2023
Facebook Twitter Instagram
E Amazings – Money management
  • Home
  • Automotive
  • Business
  • CBD
  • Crypto
  • Education
  • Entertainment
  • Fashion
  • Finance
  • Health
  • Home Improvement
  • Law \ Legal
  • News
  • Shopping
  • Sports
  • Technology
  • Travel
  • Need Help?
Facebook Twitter Instagram
E Amazings – Money management
You are at:Home»Business»Honda to start battery sharing service for e-rickshaws in India this year
Business

Honda to start battery sharing service for e-rickshaws in India this year

By September 14, 2022No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter Pinterest WhatsApp Email

[ad_1]

Japanese automobile manufacturer Honda on Tuesday said it plans to start its battery sharing service for electric rickshaws in India by the end of this year besides charting out strategy to bring its electric two-wheelers in future.

It will also launch flex-fuel bike models in India by 2023 as part of strategy to meet the company’s aim to meet carbon neutrality for all its products and corporate activities by 2050, under which, it will introduce 10 or more electric motorcycle models globally by 2025.

In a statement, Honda said it aims to increase annual sales of electric models to one million units within the next five years, and 3.5 million units — equivalent to 15 per cent of total unit sales — as of 2030.

The company said at present, the size of the global electric motorcycle market is approximately 50 million units a year, and most of them are Electric Mopeds (EMs) and electric bicycles in China.

“However, the market is gradually expanding in other countries as well. In India, for example, sales of EVs (high speed electric two-wheelers), alongside convenient and affordable EMs, is increasing dramatically due to the government’s policies to promote the pursuit of carbon neutrality,” the company said.

Anticipating such market expansion, Honda will introduce electric motorcycles that accommodate a wide range of customer needs, it added.

“In India, Honda is planning to begin its battery sharing service for electric tricycle taxis (so-called rickshaws) by the end of this year,” the company said.

It is also planning to expand its initiatives to popularise battery sharing to other Asian nations.

Honda further said it is working towards the standardisation of swappable batteries, while participating in a battery consortium in Europe, and working with a partner company in India to facilitate the standardisation of swappable batteries.

The company said it is a part of the Swappable Batteries Motorcycle Consortium (SBMC) established to achieve widespread adoption of electric motorcycles and other small-sized electric mobility products.

At the same time, Honda said it will continue its work on initiatives to advance internal combustion engine vehicles in order to realise carbon neutrality, while accommodating the wide range of customer needs and usage environments unique to motorcycles.

Initiatives to reduce CO2 emissions from ICE models are continuing, Honda said, adding, it is also developing models compatible with carbon neutral fuels such as petrol-ethanol blends.

To be more specific, Honda said, “In addition to Brazil, where flex-fuel (E100) motorcycle models are already available, Honda plans to introduce flex-fuel models in India, as well, one of the major motorcycle markets. The plan is to first introduce flex-fuel (E20) models beginning in 2023, and flex-fuel (E100) models in 2025,” the statement added.

Various blend rates of petrol-ethanol are available with E100 being 100 per cent ethanol, while E20 is 20 per cent ethanol.



[ad_2]

Source link

Related Posts

Air Duct Repair 101: Everything You Need To Know

By Corbin BowenFebruary 2, 2023

Advantage LIC? How Budget Insurance Amendment Bill may benefit the PSU insurance giant

By January 5, 2023

LIC offering multiple benefits on premium payment with co-branded credit cards with Axis Bank: Check features, offer

By January 5, 2023

Foreign universities will need UGC’s nod to set up campuses in India

By January 5, 2023
Add A Comment

Comments are closed.

Our Picks

What Closing Costs Do Home Buyers Have?

By Corbin BowenFebruary 25, 2023

What Is Realtek HD Audio Manager

By Corbin BowenFebruary 2, 2023

A Basic Guide To Cell Tower Leasing

By Corbin BowenFebruary 2, 2023
Recent Posts
  • What Closing Costs Do Home Buyers Have? February 25, 2023
  • What Is Realtek HD Audio Manager February 2, 2023
  • A Basic Guide To Cell Tower Leasing February 2, 2023
  • Air Duct Repair 101: Everything You Need To Know February 2, 2023
  • Advantage LIC? How Budget Insurance Amendment Bill may benefit the PSU insurance giant January 5, 2023
  • The Flight Of The Dremel January 5, 2023
  • LIC offering multiple benefits on premium payment with co-branded credit cards with Axis Bank: Check features, offer January 5, 2023
Archives
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • September 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
Facebook Twitter Instagram Pinterest TikTok
© 2022 E Amazings - All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.