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50 Years old Indian co. LML 2 Wheler ready to comeback on road with EV scooter

Hope you remember about LML -VESPA  specially 80s genertion cant forget about its smooth performance on Indian Road & Now planning to comback in India.

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Hope you remember about LML -VESPA  specially 80s genertion cant forget about its smooth performance on Indian Road & Now planning to comback in India.

50 Years old LML 2 Wheler ready to comeback on Indian road on EV

LML

 

Lohia Machinery Limited (LML) has announced that the company will make a comeback and the firm has also informed that this time it will exclusively be an electric two-wheeler maker.

50 Years old LML 2 Wheler ready to comeback on Indian road on EV

LML EV

The information at hand is very limited but the manufacturer confirms that it has been backed by “various technology companies to introduce LML in the EV market”, however, no names or connections have been disclosed so far.

“We’re extremely excited to make a significant comeback. We are actively working on the product development strategies in order to introduce a highly innovative product equipped with the best of technology to enable & strengthen the urban mobility space. We would like to empower the upper-middle and urban segments of society with our range of premium products to drive the change.” said Yogesh Bhatia, MD and CEO, LML Electric.

It is safe to believe that LML Electric’s first product could be an all-electric scooter and the brand plans on rivalling the Bajaj Chetak just like the yesteryears. It remains to be seen if LML Electric brings along a sporty electric motorcycle concept with enough performance and the looks that give a callback to the LML Laser from the past.

50 Years old LML 2 Wheler ready to comeback on Indian road on EV

LML EV

LML Plan to comeback

LML plans to invest roughly ₹1,000 crore over the next three to five years and has started looking for sites for setting up its production facility. The company also explained it intends to set up nearly 1,000 LML dealerships across the country, though the eventual number and locations will be based two factors: market potential and demand.

As for the LML EV, the company has said absolutely nothing about the actual product, including if it will be a 100 per cent made-in-India offering or if it will work with another OEM to make its upcoming EV in India. However, we will be sure to keep you posted as soon as we learn more about LML’s plans.

50 Years old LML 2 Wheler ready to comeback on Indian road on EV

LML VESPA 150

50YEARS OLD LML

LML Ltd is an India-based Company that manufactures sells and exports motorized two wheelers. The company operates in one segment namely motorized two wheelers. They offer scooters motorcycles and mopeds as well as spares and accessories.

They are having their manufacturing facilities located at Kanpur in Uttar Pradesh.LML Ltd was incorporated in the year 1972 as Lohia Machineries Ltd to manufacture machinery for the synthetic fibres industry.

In the year 1983 the company commenced production of 100 cc scooters in technical collaboration with Piaggio VE SpA Italy. In the year 1984 the company incorporated a new company under the name and style of Vespa Car Company Ltd to manufacture 200000 scooters and 50000 three-wheelers annually.

In the year 1986 the company introduced LML models namely LML Vespa NV3 Alfa T5 & 4W.In the year 1986 as a part of restructuring the company transferred the undertakings of the fibre division to a wholly owned company namely LML Fibres Ltd with effect from July 31 1987.

They changed their name from Lohia Machines Ltd to LML Ltd with effect from May 6 1987.

In the year 1990 Piaggio took up 25.50% stake in the company. LML Fibres Ltd and Prakti Synthetics Ltd ceased to be subsidiaries of the Company during the year.

 

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In September 1992 the company introduced a new range of highly fuel efficient scooters. In the year 1994 they undertook an expansion project to increase the capacity to 600000 vehicles per annum as well as diversification of the product range. In the year 1995 the company introduced two new models of scooters namely Supremo and Star in the upper and middle price segments.

In the year 1996 they launched 125 cc scooter namely ‘Sensation’. They entered into several license agreements with Piaggio of Italy for import of technology and know-how to manufacture new models of Scooters and other two wheelers in different segments. In the year 1998 the company set up the first of their six planned service training centres outside Kanpur at Noida near Delhi.

In January 2001 the company launched 4-stroke motorbikes namely ‘Adreno’ and ‘Energy’ all over India.

During the year 2007-08 the company developed a 4-stroke scooter for the export market and production started from around December 2008.

In May 2009 the company introduced a four stroke version of their NV brand of scooters in India.(source)

 

 

 

 

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