Yamaha says investments on e-mobility in India to depend on stable policy, clear road map

Japanese two-wheeler major Yamaha is working on an all-new electric vehicle platform for India and other global markets but the company’s investments on electric mobility in the country will depend on the government laying down a clear road map and a stable policy, according to a senior company official.

While the government has pushed for electric vehicles (EVs) with the FAME II scheme under which it had last month increased incentives for electric two-wheelers (e2W), Yamaha believes that the larger issue of availability of infrastructure, charging stations, battery production and swapping infrastructure needs to be addressed.