LML trademarks Star, Hyperbike names for EV market foray
LML has announced its return to the Indian market as an EV manufacturer and is gearing up to launch electric two-wheelers.
LML, once a part of the Indian IC engine-two-wheeler story, aims to re-enter the market but with electric power. The company, which is gearing up to launch its EVs soon, has registered two names and as per the latest trademark documents that have surfaced, LML has registered ‘Star’ and ‘Hyperbike’.
While LML Star could be what the electric scooter will be called, the LML Hyperbike is likely its =electric motorcycle. However, this is only in the realm of speculation, and it remains to be seen what the final production EVs are named.
LML, which is planning to make a comeback with a line-up of EVs, had previously stated that it plans to invest around Rs 1,000 crore over the next 3-5 years.
When launched, LML’s EVs will go up against models from Hero Electric, Ola Electric, Ather Energy, Bajaj Auto, TVS Motor Co and Okinawa Autotech in the Indian market.
RELATED ARTICLES
TVS Supply Chain Solutions’ R Dinesh appointed CII president
TVS Supply Chain Solution’s executive vice-chairman, who has assumed office as the president of the Confederation of Ind...
Continental Tires and Indag Rubber partner for retreading of truck and bus radials
Continental Tires becomes the only brand in India that offers casing warranty and retread warranty; retreading services ...
Electric two-wheelers set to get costlier, FAME II subsidy slashed to 15% from 40%,
With 10 months left for the FAME II Scheme to end, government reduces benefits for two-wheeled EVs to Rs 10,000/kWh from...