LML is back with EV foray plans

Homegrown two-wheeler manufacturer LML has announced its comeback with an extensive plan to foray into the EV sector.

The Kanpur-based company, which operates mainly in the motorised domain, is laying the groundwork to reappear in the market with a different set of opportunities to leverage. The brand is backed up by large investments with an investing partner.

The management has reportedly got proposals from various technology companies to introduce LML in the EV market.

Dr. Yogesh Bhatia, MD & CEO, LML Electric, said, “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 and 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.”