LML ties up with former Harley Davidson manufacturing facility in India for EVs
"LML Electric is looking at making the most of the facility that was previously manufacturing Harley Davidson products for India."
LML Electric is looking at making the most of the facility that was previously manufacturing Harley Davidson products for India.
LML Electric on Thursday announced it has entered into a strategic partnership with Saera Electric Auto and will use its facility in Haryana's Bawal as its hub to manufacture electric scooters.
Kanpur-based LML had announced its return to the Indian two-wheeler space and is looking at playing a big role in the rapidly rising adoption of battery-powered scooters here.
Saera Electric Auto was formerly manufacturing products for the Harley Davidson brand in India before the American giant packed bags and shipped out.
The second is that LML Electric aims to build a future-ready facility and make the most of Saera's technology and processes already in place.
LML, through it, wants to be a completely ‘Made in India’ company by 2025. “We foresee an immediate need for automakers to reduce their dependence on imports and build an infrastructure that is designed and capable to address the rapidly growing demand in India and the world over," said Yogesh Bhatia, CEO of LML in a press statement.
"We are confident that this partnership will be a stepping stone in our vision to redefine and re-imagine the future of EV manufacturing in India to bring the country at par with global manufacturing standards."
The Bawal facility is spread across 2,17,800 square feet and has a capacity of rolling out 18,000 units per month.
Hero Electric, Okinawa, and Ather Energy have emerged as some of the power players but Ola Electric has also made some very big moves in recent times.
- Tags :