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Honda 2-wheeler forays into EV; dedicated unit at Karnataka plant

Financial Express Mumbai

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March 30, 2023

MARKING ITS FORAY into the two-wheeler electric vehicle space, major Honda Motorcycle and Scooter India (HMSI) on Wednesday said it will establish a specialised manufacturing facility for this purpose, at its Narsapura plant in Karnataka.

- ROHIT VAID

Honda 2-wheeler forays into EV; dedicated unit at Karnataka plant

This facility - Factory-E - will exclusively focus on the production of electric vehicles, HMSI's MD & CEO Atsushi Ogata said while unveiling the company's EV roadmap.

According to Ogata, the factory has been designed to optimise production with high efficiency and maximum production value.

Besides, the advanced automated facility will ramp up production in a stage wise manner to produce 1 million EV units by 2030.

MEER VERHALEN VAN Financial Express Mumbai

Financial Express Mumbai

Railway Board flags concerns over audits

TAKING SERIOUS NOTE of some zones' failure to carry out two mandatory inter-railway inspections of operational safety in a year, the Railway Board has directed them to provide the previous audits or give reasons for failing to conduct such an exercise.

time to read

1 min

November 27, 2025

Financial Express Mumbai

SBI’s NIM target of 3% safe even if RBI cuts rate: Setty

STATE BANK OF India is confident of achieving its 3% net interest margin (NIM) guidance even if the Reserve Bank of India (RBI) decides to cut the repo rate by 0.

time to read

1 mins

November 27, 2025

Financial Express Mumbai

Google competing hard in AI race

INTERNET GIANT HAS RELEASED NEW AI SOFTWARE AND STRUCK DEALS

time to read

2 mins

November 27, 2025

Financial Express Mumbai

ICIL sells 0.56% in Bharti Airtel

. 34.2 mn shares sold at floor price of ₹2,097.81

time to read

1 min

November 27, 2025

Financial Express Mumbai

Reliance JV to build AI data centre

THE ANDHRA PRADESH government has assured full support for the Digital Connexion project, including assistance with land allotment, power infrastructure, connectivity,and timely clearances.

time to read

1 min

November 27, 2025

Financial Express Mumbai

One step forward, two backward

THE WORLD NEEDS A NEW MULTILATERAL ARCHITECTURE FOR A NEW PHASE OF CLIMATE ACTION

time to read

4 mins

November 27, 2025

Financial Express Mumbai

Maharashtra eyes $1-trn economy by 2030: Official

MAHARASHTRA AIMS TO unlock $850 billion in investment through its new industrial policy, state industries secretary PAnbalagan said at the 21st CII Manufacturing Summit here on Wednesday.

time to read

1 min

November 27, 2025

Financial Express Mumbai

Rooftop solar capacity up 161% in Apr-Sept

INDIA ADDED A record 4.

time to read

1 mins

November 27, 2025

Financial Express Mumbai

In a first, DII inflows cross ₹7L cr in 2025

A FEAT TO CHERISH

time to read

2 mins

November 27, 2025

Financial Express Mumbai

IMF directors urge India to replenish fiscal buffers

WHILE FISCAL CONSOLIDATION has progressed, achieving the fiscal deficit target remains challenging, necessitating disciplined spending and strengthened fiscal buffers to safeguard stability, the International Monetary Fund executive board directors in their report.

time to read

1 min

November 27, 2025

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