Honda to start battery sharing service for e-rickshaws in India this year
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 a strategy to bring its electric two-wheelers in future.
It will also launch flex-fuel bike models in India by 2023 as part of a 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.
