New Delhi sources have stated that Japanese auto major Yamaha is conducting a feasibility study to evaluate possibility of launching electric two-wheelers in India. Meanwhile a top company executive said the company, which sells a range of bikes and scooters in the country, may also look at investing opportunities for power units and batteries for electric vehicles (EVs).



Yamaha Motor Research and Development India MD Yasuo Ishihara told "We are at present conducting a feasibility study in this area. Yamaha has an edge in this segment as we already have such products in other countries. Transferring such products to India, it is not so difficult". Through the study, the company is also planning to assess if EVs could completely replace models that are run on internal combustion engines.

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Furthermore according to a report by government think tank Niti Aayog and Rocky Mountain Institute, India's move towards 100 per cent electric vehicles fleet by 2030 could create a USD 300 billion domestic market for EV batteries. 


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