Follow us
HMSI Sees No Latemover Disadvantage In EV Market
With the EV market growing 3x faster than the overall two-wheeler segment, HMSI is looking to replicate its success in this new space.
5957 Views
Yogesh Mathur Director (Sales and Marketing), Honda Motorcycle & Scooter India
With the launch of the Activa e and QC1, Honda Motorcycle & Scooter India (HMSI) is making its much-anticipated entry into India's electric twowheeler market. The Japanese giant is however unfazed by its late arrival, and is confident that timing won’t be a hurdle in a market that saw over 33% growth in 2024.
“There is no late mover disadvantage here. Currently, this market is in a very nascent stage where EVs contribute close to 5-6% in the 2 wheeler space. But it’s one of the fastest-growing segments and this is the right time to enter the market. Our ...
RELATED ARTICLES
Eicher Bets ‘De-Skilling’ Diagnostics Will Hook India’s Small Truck Fleets
Shahkar Abidi
14 Oct 2026
Commercial vehicle maker aims to double parts revenue to Rs 5,000 crore by automating diagnostic and warehouse operation...
One Year on its Own: Tata Motors Builds on a Record Run, Gears Up for Expansion
Ketan Thakkar
14 Oct 2026
Domestic sales rose 35% to 7.44 lakh units during October 2025–September 2026, following the GST cut. Nexon and Punch le...
India a Blueprint for Hyundai's Global Expansion Strategy: CEO José Muñoz
Darshan Nakhwa
13 Oct 2026
Hyundai Motor Company is drawing on its experience of localisation in India to strengthen its global operations, as the ...
