Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jan, 09 2019

Lohia Auto to launch new range of electric scooters & bikes in India

Lohia Auto Industries is in advanced discussions to form a partnership with a global two-wheeler maker for launching a new range of electric scooters and bikes in India.

Lohia Auto to launch new range of electric scooters & bikes in India

Lohia Auto Industries, an emerging electric three-wheeler maker, is in advanced discussions to form a partnership with a global two-wheeler maker for launching a new range of electric scooters and bikes in India. The agreement is likely to be completed by the end of this financial year.

Ayush Lohia, Chief Executive Officer, Lohia Auto Industries, said, "We are in discussions with a global firm who will bring in the technology. Lohia Auto will manufacture and market the products. The agreement is expected to be finalised in the next 2-3 months. Once the partnership is inked, the duo will work on a range of electric two-wheelers scheduled to be showcased at the India Auto Show in 2020." 

The products will be produced for domestic as well as exports markets in Lohia Auto's proposed new facility in Andhra Pradesh. 

"It is expensive exporting from Kashipur in Uttarakhand. We are in talks with the Andhra Pradesh government. We will manufacture electric two-wheelers in association with our new partner. We will also make gasoline three-wheelers there for exports to South Africa and Southeast Asia," Lohia further stated.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Pet Stores
    PGPET is a Kolkata based one-stop Pet product retail and..
    Locations looking for expansion West Bengal
    Establishment year 2009
    Franchising Launch Date 2021
    Investment size Rs. 10lac - 20lac
    Space required 350
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater kol West Bengal
  • Healthcare Products
            Deals with different brands for healthcare nutrition..
    Locations looking for expansion Haryana
    Establishment year 2004
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 240
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Tea And Coffee Chain
    Beontea is a revolubon, Tradibonal tea, automated process and consistent tase...
    Locations looking for expansion Uttar Pardesh
    Establishment year 2019
    Franchising Launch Date 2020
    Investment size Rs. 2lac - 5lac
    Space required 050
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Uttar Pardesh
  • Established in 2000, in Faridabad (Haryana)Aaban Creations has been nourished by..
    Locations looking for expansion Haryana
    Establishment year 2010
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities