Honda has just announced its business results for the fiscal year ended in March 2025, with total global sales reaching 20.57 million motorbikes - the company's highest ever. This achievement was recorded in 37 countries and territories, accounting for about 40% of the total number of motorbikes consumed worldwide in the same period.
Honda aims to strongly expand its operations in the electric motorbike sector, aiming to lead the market share of two-wheeled electric vehicles by 2030. In the coming period, the company will focus on developing electric vehicle products at reasonable prices to expand access to developing markets, especially in South Asia and Southeast Asia.
India continues to be a key market in its growth strategy, playing a central role in realizing the goal of achieving an output of 60 million motorbikes/year by the end of this decade. To support the transition, Honda will increase investment in electrification technology, while optimizing fuel efficiency for vehicles using internal combustion engines (ICE).
Honda's product strategy will be adjusted to suit the needs and economic conditions of each market. In addition to developing electric vehicles, the company will also expand its portfolio of flexible fuel products in some countries, to meet local energy policies.
Since the beginning of 2025, Honda has introduced the active e: and QC1 electric scooter models in the Indian market. Next, 2 global urban electric vehicle models CUV e: and ICON e - were deployed in Indonesia, Vietnam, Thailand and the Philippines. The CUV e: model is expected to be distributed in the European and Japanese markets this year.
In addition to new products, Honda is also investing in building a factory specializing in electric motorbike production in India. The factory is expected to be operational in 2028 and play a central role in developing modular electric vehicles, optimized for specialized electric transmission systems.
