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.

Published: 10-Jan-2007

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.

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