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Market Chatter: Honda Motor's Two-Wheeler Unit in India Backs Ethanol-Blended Fuel Over Battery-Powered Vehicles

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Honda Motor (HMC) unit Honda Motorcycle & Scooter India will prefer ethanol-blended gasoline over battery-powered two-wheelers as part of efforts to decarbonize its local lineup, Bloomberg reported Friday, citing CEO of the Indian two-wheeler unit, Tsutsumu Otani.

Honda is exploring flex-fuel options, including gasoline blended with 85% ethanol and 100% ethanol, as well as advanced internal combustion engines, Otani said at a recent event, according to the media outlet.

Honda Motorcycle & Scooter India did not immediately respond to a request for comment from.

(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.)

Price: $28.29, Change: $+0.30, Percent Change: +1.05%

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