LML to foray into electric 2-wheeler segment

In 1983, LML had partnered with Piaggio Vespa Italy to launch 100cc scooters in India.

Kanpur-based two-wheeler maker LML, has announced its comeback with a plan to enter the growing electric 2-wheeler segment in India.

The management is said to have been approached by various technology companies to introduce LML in the EV market. The brand is backed by large investments with an investing partner.

According to Dr. Yogesh Bhatia, MD & CEO, LML Electric, the company is actively working on product development strategies in order to introduce a new product in the urban mobility space.

LML was set up in 1972. In 1983, the company had partnered with Piaggio Vespa Italy to introduce 100cc scooters to take on Bajaj.

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