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Yamaha to develop world's cheapest bike

After the cheapest car in the world, india is all set to get world’s cheapest motorcycle. Yamaha india has recently announced the plans of developing the world’s cheapest motorcycle. The project tagline is sub-500$ motorcycle which means that Yamaha’s newest motorcycle will cost around Rs 28,100. At present, the cheapest motorcycle on the Indian market is hero motocorp’s CD Dawn at Rs 34,500. Yamaha will be developing and manufacturing the affordable motorcycle in india. The Japanese two-wheeler maker plans to sell the motorcycle in emerging markets like india and Africa. "Our product benchmark right now (on cost) is the YBR 110 and Crux, but we would like to develop a bike in the low-cost segment for markets like Africa. The target is to make a bike that will cost $500. I think such a bike will have a lot of demand in Africa as well as in India," said Hiroyuki Suzuki, CEO & MD, Yamaha Motors India. No doubt, hero motocorp, is the most successful two-wheeler manufacturer in india for quite some time now but with the emergence of Yamaha ready to launch the world’s cheapest motorcycle, it seems like the competition has geared up.

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