Yogesh Bhatia, who recently acquired LML, stated that the company will bring other electric 2-wheelers after introducing the first product. The company also plans to introduce an electric scooter as a traveling vehicle. The company’s primary focus will be on exporting and manufacturing products for the Indian market.
LML, a once-famous name in the 2-wheeler market, will soon make a comeback with the Electric Vehicle (EV). The company has now officially stated that on September 29, it will show the world a glimpse of its first electric vehicle product. It is worth noting that the company will enter the electric vehicle segment with an e-bike and a new category.
The first e-bike has been revealed.
LML was already in the news for entering the market with an e-bike, and now the company’s head Yogesh Bhatia has told that the company’s first product will be officially launched on September 29. It will only be an e-bike, but it will be different from the one available in India. This e-bike will be of European standard and will function similarly to an electric hyperbike.
In general, e-bikes on the market have a limited top speed. Their top speeds range from 25 to 45 kmph, but an electric hyperbike provides customers with greater speed and range than an electric motorcycle.
The electric scooter will arrive later.
Yogesh Bhatia, who recently acquired LML, indicated that after releasing the first e-bike, the company will release additional electric 2-wheelers. Along with the e-bike, the company will introduce an electric scooter as a commuter vehicle. The company’s primary focus will be on exporting and manufacturing products for the Indian market.
What will the LML EV cost?
LML will reveal its first electric vehicle on September 29, with no price yet announced. Yogesh Bhatia, on the other hand, stated that the LML EV will be neither too expensive nor too cheap. In such a case, it is reasonable to expect a price of around 1 lakh rupees. At the same time, the company’s primary focus is on reducing the charging time of the electric vehicle.
LML Electric signed a letter of intent (LoI) with Germany’s eROCKIT AG in April. Both companies had agreed to form a joint venture to create an ‘electric hyperbike.’ This hyperbike will be a one-of-a-kind hybrid of a bicycle and a motorcycle. It will be a pedal-powered electric motorcycle that can be ridden like a bicycle with minimal effort. At the same time, you will be able to achieve high speeds, similar to an electric motorcycle. It is expected to reach speeds of up to 90 km/h.
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