Yamaha's first electric scooter made for India will be made locally, using components purchased from local suppliers.
Bajaj Auto and TVS Motor Company have both entered the electric vehicle market and, more recently, TVS Motor Company has added iQube to its lineup, with more range and enhanced features.
The speculations regarding the first electric scooters made by big brands like Honda, Hero MotoCorp, Yamaha, and Suzuki have been raging in recent times.
Honda is currently working on an electric scooter for the near future, while Yamaha has demonstrated the potential of this during a dealer event.
Alongside launching the Yamaha MT-15 V2 featuring updates such as USD front forks, and aluminum swingarms, Yamaha showed their Neo's as well as the E01 to determine the level of interest.
However, it is true that the European specification of Neo may not have been a big hit with the majority of people considering that it has an estimated range of just 37 kilometers on one charge.
Eishnin Chihana the Chairman of Yamaha India spoke about Yamaha India's EV plans and explained it would be a "joint effort" between Yamaha's India division and Yamaha Japan.
The first electric scooter from the company to be sold in India will be made locally with components procured from local sellers.
Additionally, the electric motor and the battery will be designed taking into consideration the unpredictable and harsh climatic conditions that prevail in India.
The design of the Indian-spec model is likely to be based on Neo's design, but with a stronger motor and greater options than those of Europe.