Monday, December 17, 2018

Scooter India to launch electric vehicles, Lambretta EV on the anvil: Report

SCOOTERS India Limited on December 14 said it plans to venture into the electric vehicles (EV) segment, including bringing back the once popular Lambretta brand in electric version. The board of directors of the PSU at its meeting 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...
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.
Scooters India also said it intends to develop electric four-wheeler of sub-two tons in both passenger and goods carrier segments. "SIL is in discussion with BHEL, NTPC, EVI Technologies, Murata Technologies, Japan Sun Mobility and Xngri, USA for technology/logistics partnership," it said.
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. "The company is planning for commercial launch of the same shortly," it added.
In the electric two-wheeler segment, the company said it planned to bring in Lambretta EV.
Scooters India also said it intends to develop electric four-wheeler of sub-two tons in both passenger and goods carrier segments.
"The company is planning for commercial launch of the same shortly," it added.
Scooters India was formed after the government bought over Innocenti of Italy. In 1975, the company started its commercial production of scooters under the brand name of Vijai Super for domestic market and Lambretta for overseas market.
In 1972, Scooters India Limited bought the entire Lambretta manufacturing and trademark rights, and produced models under the Vijay Super name and also distributed completely knocked down units which were assembled under different brand names like Allwyn Pushpak, Falcon and Kesri. SIL's production finally ceased in 1997. The disinvestment in Scooters India is part of the government's plans of strategic stake sale in loss-making central public sector enterprises. Scooters India used to manufacture the popular Lambretta scooters in the 1970s.

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