Japanese auto major Honda Motor will start offering battery-swapping service to electric three-wheelers in Bengaluru by the end of June, seeking to test the market in India’s tech capital before entering other cities and the two-wheeler segment with the service.
The company will begin with seven stations before scaling up to 50 over the next 18 months, Karnataka’s commissioner for industries, Gunjan Krishna, who led the talks with the company, told ET.
Honda did its proof-of-concept experiment in Mumbai, but has opted for Bengaluru to launch the service, she said.
The auto major has already set up a subsidiary, Honda Power Pack Energy India, to roll out the business and has invested Rs 135 crore.
