Honda Motorcycle & Scooter India Sales Increase 45 Percent in May 100 Getting Strong Demand

Honda Motorcycle & Scooter (HMSI), one of the big two-wheeler companies, increased by about 45 percent to 4,50,589 units on a year-by-year basis in the country in May. In the same month of the previous year, the company had 3,11,144 units. The company’s exports increased by 127 percent in May.

Earlier this year, HMSI reported that it had sold more than three lakh units of it within a year of the launch of Shine 100 motorcycle. In the last financial year, the company’s sales increased rapidly in the 100–110 cc segment. HMSI has launched a new engine assembly line in Manesar, Haryana. It can manufacture 600 engine per day in range ranging from 100 cc to 300 cc. The company’s sales increased by 12 percent in the last financial year. HMSI had a record sales of 48,93,522 units.

Recently, the company has also launched two new products. These include SP160 motorcycle and Dio 125. The price of SP160 is between Rs 1.18 lakh to Rs 1.22 lakh (ex-showroom). Dio 125 is the company’s second 125 cc scooter after Activa. Its price is Rs 83,400 to Rs 92,300. HMSI launched the SP125 Sports Edition Motorcycle. Its price is Rs 90,567 (ex-showroom, Delhi). It will be available at Honda Red Wing dealerships across the country. This motorcycle has better tank designs and new graphics than before. It will be available in Decent Blue Metallic and Heavy Gray Metallic Colors. It has bright LED headlamps, fully digital instrument console. Its instrument console will also get information related to mileage with the gear position indicator.

International automobile company Honda plans to invest $ 3.4 billion in making electric motorcycles and mopeds. One of the world’s big two-wheeler makers, Honda plans to launch 30 new electric two-wheelers by the end of this decade. The company also aims to reduce the cost of electric motorcycles. The company had said that it would invest about $ 70 million by 2025 for the electrification of its motorcycles. After this, about $ 2.7 billion will be imposed by 2030.