Latest news with #YamahaEV
NDTV
23-06-2025
- Automotive
- NDTV
River Indie Electric Scooter Crosses 7,000 Units Sales Since Launch
Bengaluru-based River Mobility is seeing an uptake in the sales figures of its Indie electric scooter. The total sales of River Indie in 2024 were 2,515 units and the company has already seen a 77 per cent increase in the total sales in 2025 till date. River has sold over 7,000 units of the Indie electric scooter since the beginning of sales in 2023. Numbers suggest that the sales started picking up after River updated the scooter with a final chain drive, priced at Rs. 1.43 lakh (ex-showroom). The company recently crossed Rs. 100 crore in revenue and touched the 1,000 units mark in monthly sales. The new model was priced higher than the older model but still the company is seeing an increase in the sales of the electric scooter, whose primary markets are Southern and Western India. The River Indie electric scooter comes with a 4 kWh battery pack with a claimed range of 161 km. It can be charged from 0 to 80 per cent in 5 hours. The electric motor makes a total of 6.7 kW with 26 Nm of max torque. The electric scooter has a claimed acceleration from 0 to 40 kmph in 3.7 seconds and has a top speed of 90 kmph. River Mobility will soon collaborate with Yamaha and the Japanese two-wheeler giant will soon enter the affordable electric scooter segment with a brand-new model, which will be based on the current River Indie. The upcoming Yamaha EV is code-named RY01 and reports suggest that it will use the same battery management system and powertrain as the River Indie. Now, it should be noted that Yamaha Motor Co, Japan invested around 40 million dollars in River in February 2024. The investment was made for River's Series B round of funding through third-party allotment.
NDTV
19-05-2025
- Automotive
- NDTV
Yamaha To Launch New Electric Scooter Based On River Indie
Yamaha will soon enter the affordable electric scooter segment with a brand-new model, which will be based on the current River Indie. The upcoming Yamaha EV is code-named RY01 and reports suggest that it will use the same battery management system and powertrain as the River Indie. Now, it should be noted that Yamaha Motor Co, Japan invested around 40 million dollars in River in February 2024. The investment was made for River's Series B round of funding through third-party allotment. The new Yamaha RY01 electric scooter is likely to go into production during the festive season and is expected to be launched before the year ends. The new EV is being worked upon by Yamaha's global engineering teams in India, USA and Europe. It will likely carry Yamaha's design and brand ethos but engineering, testing, R&D, all will be carried out by River. It will be manufactured by River in Bengaluru and exported to other global markets, 11 to begin with. This also means that there will be increase in scale of production and the production will be mostly localised, keeping costs in check. For a global company like Yamaha to trust an Indian EV startup, with powertrain, engineering, battery integration and testing, is a nod to India's growing R&D and manufacturing capabilities for electric vehicles. The idea was to accelerate Yamaha's EV product strategy, which the company was able to do by collaborating with River. When launched, the Yamaha EV will go up against the likes of the TVS iQube, Ather Rizta, Bajaj Chetak, Hero Vida V1 and the soon-to-be-launched Suzuki e-Access. At present, about six per cent of the total two-wheeler sales in India consists of electric models and that number is only projected to go upwards thanks to government subsidy schemes, ease of use, reduced operating cost and increasing adoption of EVs across the country.
