Yamaha won't launch its Neo e-scooter in India

Yamaha is already working on a sporty electric 2-wheeler for the Indian market.

Last year, Yamaha India chairman Eishin Chihana announced that its first e-scooter for the Indian market would be the 'Neo'. However, as per the latest reports, that plan has been scrapped. Instead, the bike maker will focus on developing a sporty electric 2-wheeler for India.

Yamaha had initially planned to tweak the Neo e-scooter to suit Indian conditions. However, over the past 6 months, the e-scooter space has seen several changes with respect to regulations and subsidy structure.

According to Yamaha, Indian EV buyers are different from those in Europe. In India, people buy EVs mainly for their low running costs. But people buy a Yamaha for its performance and aspirational value. Therefore, the bike maker has decided that its EV should be "something exciting, outstanding and sporty".

The company has also confirmed that such a product is already under development. It should be ready for launch in the next 2-3 years.

Source: Autocar India