Thai, Indian Firms Launch Electric Bike Joint Venture
Nearly 13 million bicycles are sold in India every year and with a rise in consumer buying power, LA Sovereign sees the opportunity to use Western technology to offer electric models.
LA Sovereign, a joint venture between Thailand and India, will soon launch
e-bikes that run on battery.
The company would employ western technology in the manufacture of the
e-bikes, said Rohit Kalra, managing director, LA Sovereign, here on Tuesday.
The company had launched 28 types of bicycles in Kochi, he said. The bicycles
were intended for children and adults. The prices ranged from Rs.2,000 to
Rs.10,000. The bicycles, with frames made of alloys, would be lighter than the
models found in the market, he said. He claimed that non-toxic plastic parts
were used in the LA Sovereign bicycles.
Japanese Prime Minister Koizumi test drove the Eliica pictured below and dubbed the eight-wheel electric car developed by a group of researchers at Keio University an energy revolution. The car has a top speed of 370 km/h and a range of 300 kilometers.
Think Nordic has been struggling for survival since the Ford Motor Co literally pulled the plug on it in 2002. Photo of prototype A306 Cabriolet model which briefly toured parts of Canada. Photo courtesy of EVCO.CA.