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Lohia Auto unveils electric vehicles at Auto Expo 2016

| | Feb 05, 2016, at 12:43 am
New Delhi, Feb 4 (IBNS): Lohia Auto Industries, the automobile division of Rs. 600 Crore Lohia Global, on Thursday launched its new range of electric vehicles at the Auto Expo 2016.
The company also showcased the concept of electric three wheeler at country’s largest automobile event. 
 
It is targeting revenue of Rs. 100 crore during the current fiscal.
 
Present on the occasion, Ayush Lohia, CEO Lohia Auto Industries said, “With the launch of our new range of e-vehicles, we aim to further boost safety, comfort, convenience and last-mile connectivity for our customers by providing them safe & cost effective transport solutions. At the same time, we aim to do our bit to safeguard the environment and bring down emission of harmful fumes in the country. These new additions to our stable will augment our share in the ever-growing electric vehicle market, which has the potential to emerge as a sound alternative to fossil fuel driven vehicles and create sustainable mobility solutions.”
 
He said, “We are confident that like our previous vehicles, these technologically advanced electric vehicles will also find a significant market, and generate measurable interest & demand across all prominent regions.”
 
The company has also showcased its first high speed electric two wheeler at the Auto Expo. The two wheeler can clock a maximum speed of 60 km per hour compared to the current models, which touch a maximum speed of 25 km per hour. 

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