LML Electric to manufacture hyperbikes in India, forms JV with Germany’s eROCKIT
LML Electric has signed a Letter of Intent (LOI) to form a joint venture with eROCKIT AG, a Berlin-based manufacturer to mass produce electric hyperbikes for the Indian market. Upon signing the JV, the Hyper Human Hybrids will be manufactured in LML’s facilities in India and sold globally as well as in the Indian market.
eROCKIT is a hyperbike that has a top speed of 90km/h and runs with effortless pedaling. It is supported by a battery and electric direct drive motor.
Right from the 1980s to the early 2000s, LML Scooters have enjoyed quite the popularity in India when they made scooters, motorcycles and even mopeds . The brand is now planning a return in the Indian market with new electric vehicles. Given eROCKIT’s R&D and technical expertise in this category, many other global products are also on the chalkboard.
Dr Yogesh Bhatia, the CEO of LML informed BigGaddi.com , “ The technology strength, manufacturing prowess, and disruptive consumer experience will get a new dimension altogether, besides meeting the high level of expectations of our primary as well as secondary TG.”