- In November 2023, Honda Motor Company unveiled an ambitious roadmap to expand its electric motorcycle business by raising its global annual sales target to 4 million units by 2030, up from the previous goal of 3.5 million units. The strategy includes the introduction of 30 electric motorcycle models globally and a total investment of 500 billion yen—100 billion yen from 2021 to 2025 and an additional 400 billion yen from 2026 to 2030. This significant financial commitment underscores Honda's intention to lead the transition toward electric mobility in the two-wheeler segment
- In November 2023, Orxa Energies, an electric vehicle manufacturer, launched Mantis, a premium electric motorcycle with a kerb weight of 182 kg, available in Urban Black and Jungle Grey variants. It comes equipped with a 1.3 kW charger, offering performance and design aimed at the urban rider. This launch signals Orxa’s entry into the high-performance EV motorcycle segment
- In June 2023, Revolt Motors revealed plans to introduce a new electric motorcycle model featuring extended range and advanced technology enhancements, aiming to diversify its product line and cater to evolving consumer expectations. This move aligns with the brand's strategy to remain competitive in the growing EV two-wheeler market
- In May 2023, Lightning Motorcycles entered a strategic partnership with LG Chem to develop next-generation lithium-ion battery technology. The collaboration focuses on improving energy density and charging efficiency, enabling longer ride times and faster recharges. This partnership marks a crucial step toward boosting the performance of electric motorcycles globally
- In April 2023, Harley-Davidson expanded its electric two-wheeler presence in Europe with the launch of its first electric motorcycle, the LiveWire. The move reflects Harley-Davidson’s commitment to innovation and sustainability while broadening its appeal to a new generation of environmentally conscious riders
