In the recent past, defunct brand LML revealed that it plans to make a comeback in the Indian market. The brand is known for its scooters and motorcycles thoughts the 1990s filed for insolvency in 2017 and in August 2020 scrapped its spare parts and machines after dismantling its manufacturing plant. Now LML plans to reintroduce its two-wheelers in the Indian market but in a new electric avatar. For this purpose, the brand again needs a manufacturing plant with the latest-generation technology. The company has announced that LML Electric is currently laying the groundwork for a long-term future in the EV business in India and also to cater to the demand from the international market.
LML Partners with Saera Electric Auto
LML announced that the brand has partnered with Saera Electric Auto. Saera Electric Auto is one of the largest auto two-wheeler producers, globally. The brand was also formerly manufacturing for the renowned Harley Davidson, reveals LML. Saera used to produce the American motorcycle at their state-of-the-art facility manufacturing plant in Bawal, Haryana. The brand reveals that the highly advanced and innovative infrastructure of Saera is also backed by the company historical competence. LML will leverage to develop the brand’s highly-anticipated EV range of products.
Future Ready with 100% Made in India
The brand will be using a future-ready manufacturing facility of 2,17,800 square feet, which has a capacity of 18,000 units per month. This will help LML become a company by end of 2025. The state-of-the-art facility will help LML streamline, scale up and provide world-class quality assurance. LML is likely to introduce electric scooters in the Indian market which will help compete with the likes of the Bajaj Chetak, TVS iQube, Ather Energy. With heavy localisation, the brand will also be able to get incentives from the government.
Also Read: MG, Start-up India & Invest India to further develop Car as a Platform
