One of the largest manufacturers of motorcycles, Honda, will launch at least ten new electric models worldwide within the next three years. The move to go electric is a part of Honda’s larger plan to achieve carbon neutrality by 2040. Honda noted in a video briefing that it intends to sell around 1 million electric motorbikes annually within the next five years. The article contains Honda To Introduce Over 10 Fully Electric Motorcycles by 2025.
In the short term, switching to electric vehicles can produce heavier models with higher prices, which could harm sales if demand declines. In addition, customers in developing countries such as Bangladesh, where motorcycles are immensely popular, may find high pricing to be a deterrent. With almost 300 million motorcycles sold since its inception, Honda is regarded as the largest motorbike manufacturer in the world.
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