The Gujarat-based battery-powered two wheeler manufacturer company, named the Electrotherm (India) Ltd, has stated that it is planning to launch some new higher capacity bikes in India for competing with the 125 cc motorcycles. The company officials have informed that it is already setting up a battery plant in China for meeting its requirements for two-wheelers that are being sold under the YObyke brand.
According to the Senior Vice-President of Electrotherm, Mr. B.K. Vaishya, "The response to the launch of battery-powered bikes has been encouraging with the company thus far selling about 46,000 of them, priced about Rs 40,000. We now expect to scale this number up to 1,00,000 by next fiscal". He added, "The battery-powered bikes have made quick inroads into the market after we managed to educate the buyers about the advantages and reliability of these bikes, which have been developed with indigenous technology by the company R&D teams. They now sport about 85 per cent of the products developed indigenously".
Mr. Vaishya was also explaining the main reasons behind planning for such bikes and said, "As users want more power, we now are in the process of finalizing plans to launch higher capacity bikes that match up with 125 cc bikes and could carry two people with ease with the battery lasting about 25,000 km of usage". Commenting on meeting the companys requirement for batteries, he said, "Electrotherm expects to manufacture them in a new plant being set up in China. We would be able to offer them for about Rs 4,000. Batteries available in India do not meet requirements". He further informed that the R&D teams of the company are working on developing battery operated three-wheelers and other range for meeting the requirements of elderly people and people with physical disabilities, at the moment.
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| Posted : 3/27/2008 |
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