State-owned Scooters India said Friday it plans to venture into the electric vehicles (EV) segment, including bringing back the once popular Lambretta scooter brand, but this time in an electric version.
The board of directors of the company at its meeting held on Friday 14 December took note of diversifying its product range in line with the upcoming EV market in the country, Scooters India Ltd (SIL) said in a regulatory filing.
It is in discussions with several companies, including BHEL and NTPC, for the venture.
The company further said it intends to develop a Vikram electric three-wheeler in both passenger and goods carrier segment. While the passenger variant will have seating capacity of four, including the driver, the goods carrier will be in the sub-one ton category.
In the electric two-wheeler segment, the company said it planned to bring in Lambretta EV.
Recently, Twenty Two Motors and Kymco partnered to launch the Flow electric scooter in India with a new technology that allows customers to swap batteries. Okinawa too will be launching its electric scooter, i-Praise, in India. It already has an electric scooter the Praise on sale in the country.
Scooters India also said it intends to develop electric four-wheelers of sub-two tons in both passenger and goods carrier segments. SIL said it already has a seven-seater Vikram-EV that has received approval from ICAT and an electric load carrier of 1,250 GVW.
Though there isn’t a final date that has been set for the launch, the company has communicated that the bikes will be coming to the Indian market shortly.
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