Investments on e-mobility in India to depend on stable polic

Investments on e-mobility in India to depend on stable policy: Yamaha


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.
"We already have a dedicated team at our Japan Headquarters, working on an all-new electric vehicle platform for India and other global markets," Yamaha Motor India Group Chairman Motofumi Shitara told PTI.

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