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Market Chatter: Honda India Bets on Ethanol-Fueled Two-Wheelers Over EVs

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Honda's (TYO:7267) Indian two-wheeler unit is prioritizing ethanol-blended fuels over electric vehicles to cut emissions, citing practicality and customer needs, Bloomberg News reported on Friday, citing President Tsutsumu Otani.

Otani said that sustainability must remain accessible and reliable for India's diverse market, rejecting a one-size-fits-all approach, the news wire said.

Honda Motorcycle & Scooter India is advancing flex-fuel options like E85 and pure ethanol while staying on the EV sidelines, the publication said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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