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Yamaha Motor India is adopting a cautious approach towards aggressive expansion in the domestic electric two-wheeler market, citing heavy dependency on imported battery cells, compressed profit margins, and supply chain constraints, Hajime Aota, Executive Officer, Yamaha Motor Co Ltd said on Thursday. Speaking to reporters on the sidelines of global launch of 'Made in India' YZF-R2 here, Aota, who is also CMD of Yamaha Motor India Group, said the absence of a fully localised supply chain for lithium-ion cells remains a primary hurdle for global manufacturers entering the mainstream EV segment. "Still, the cells and raw materials are coming from outside India. Until domestic cell manufacturing and an integrated supply chain are established, cost optimisation and supply reliability will remain major challenges," Aota said. He pointed out that the battery requirements of electric two-wheelers are roughly one-tenth the capacity of passenger cars, making it difficult to justify dedicate
Auto component maker Sona Comstar on Thursday reported a 47 per cent year-on-year growth in consolidated profit after tax at Rs 178.51 crore in the June quarter of FY27. The company had posted a consolidated PAT (profit after tax) of Rs 121.70 crore in the first quarter of FY 26, according to a regulatory filing. Revenue from operations during the reporting quarter rose 52 per cent to Rs 1,301.20 crore from Rs 853.90 crore recorded in June last fiscal, the filing said. Revenue share from Battery Electric Vehicle (BEV) vertical was recorded at an all-time high of 44 per cent in Q1 FY27, while the overall revenue from the segment grew strongly by 107 per cent, the company said in a statement. "Despite continued weakness in the US EV market, we delivered our highest-ever quarterly revenue; BEV revenue and BEV revenue share (in Q1). We also secured new business across EV, hybrid and ICE powertrains, spanning India, Europe and North America and nearly every product category in which we