3Es of HMSI EV Roadmap in India
Factory
‘E’ – dedicated EV manufacturing facility
Establish factory for EV production at HMSI’s Narsapura Plant (Karnataka)
Aim to reach one Million
annual EV production by 2030
Advanced automated factory to boast 100% Renewable Energy rate
Platform
‘E’ – dedicated EV platform
Foundation for multiple EV types- fixed, swappable battery including
mid-range Electric Vehicles
Launch 2 EVs in
FY 2024 under project Vidyut [Mid-Range electric Vehicle and swappable type]
Swappable battery type to be powered by Honda Mobile Power Pack e:
Workshop
‘E’ – EVs of the future workshop
Provide EV customer with comfortable experience
Equip existing dealership network (6000 touchpoints) with charging spots
(HEID Battery Exchangers & charging cables)
Battery solution for customers at petrol pumps, metro stations and other locations pan India
Future Business Direction for FY24
Complete model line-up transition to OBD2 by first half of FY24
Expand exports to 58
countries with 20 models
New
scooter assembly line (6
lac capacity) at Vithalapur Factory
(Gujarat)
Gurgaon, March 29, 2023: Honda Motorcycle & Scooter India (HMSI)
today announced its Electric Vehicle roadmap,
aimed at creating healthy and sustainable EV market in India. The road map is a
blueprint for developing EV business Structure in India, which includes new EV
technologies and infrastructure. The company also announced its Future Business
Direction for expansion of overseas business and production capacity in the
upcoming financial year.
Speaking on the occasion, Mr. Atsushi
Ogata – Managing Director, President & CEO, Honda Motorcycle & Scooter
India said, “In line with Honda’s global direction –
to increase Electric Vehicle and Fuel Cell Vehicle unit sales ratio to 100% by 2040,
we will continue to improve efficiency of ICE engines with introduction of Flex
fuel engine and follow government direction for alternate fuels while expanding
electrification of models and eco system.
On the EV front, we are committed to build India’s best EV Business
structure and lead in the development of sustainable transportation. With our
EV roadmap, now in the execution phase, we are taking substantial steps towards
creating exclusive infrastructure for manufacturing diverse range of
captivating electric vehicles. Parallelly, we are also investing in the
development of EV technologies, charging infrastructure and aftersales services”.
Factory
‘E’ – dedicated EV manufacturing facility
To meet the
production demand of electric vehicles, a specialized manufacturing facility-Factory
E is being
established at HMSI’s Narsapura Plant in Karnataka. This factory will
exclusively focus on the production of electric vehicles and has been designed to optimize
production with high efficiency and maximum production value.
In line with
the government’s “Make in India” and localization directives, Honda’s
EV will utilize domestically manufactured components such as batteries
and PCU. The motor for
HMSI’s EV will be designed and produced in-house by Honda.
Additionally,
the factory plays a significant emphasis on sustainability, with an 80%
sustainable material ratio and close to 100% renewable energy rate. The
advanced automated facility will ramp up in a stage wise manner to produce 1 million
EV units by 2030.
Platform ‘E’ dedicated EV platform
HMSI has
developed futuristic EV platform – Platform ‘E’, which will serve as the foundation for a
variety of EV models, including fixed battery type, swappable battery type, and
mid-range EV.
Project Vidyut has been initiated by HMSI to introduce a new
customer journey that caters to the demand of electrification age. As a part of
this project, HMSI will launch two new 2W EVs in FY2024. The first one, a mid-range Electric
Vehicle and the second, a swappable battery type that utilizes the Honda
Mobile Power Pack e:.
Workshop ‘E’ – for
EVs of the future
HMSI’s
objective is to provide its customers with a comfortable experience and a
high-quality journey. To meet the needs of customers, charging stations will be
installed across HMSI’s existing 6000+ network touchpoints. Eventually some of
them being transformed into Workshop ‘E’, the exclusive set-up will house HEID battery
exchangers and mini battery exchangers for swappable battery type and charging
cables for fixed battery type. Additionally, HMSI plans to leverage the overall
ecosystem, including Battery swapping stations at petrol pumps, metro
stations, and other locations, to provide convenient battery swapping solution for
EV users.
Future Business
Direction for Financial Year 2024
Further
continuing the trend, HMSI will complete the transition of its existing model line-up
to the latest OBD2 regulation and E20 fuel compliance in the first half of the
next financial year. Maintaining highest level of Global Quality standards,
HMSI has explored new opportunities for expanding business. Currently exporting
18 models to over 38 countries, HMSI also expanded export
footprint in Oceania region with commencement of exports to Australia, New
Zealand and providing powertrains for Global market from HMSI’s Gujarat Plant.
With HMSI’s long term plans of Make in India for the World, HMSI will be
expanding exports to 58
countries with 20 models in FY24. Realigning the production
strategy, HMSI plans to soon start a new assembly line for scooters with an
additional capacity of 6 lakhs at its Vithalapur Plant in Gujarat.
