Electrotherm to Build Battery Plant for Electric Bikes
Ahmedabad: Electrotherm (India) Ltd, pioneer of battery-run two-wheelers in the country, will set up a battery manufacturing plant in Gujarat this year with an investment of around Rs 20 crore. This month, Electrotherm is also commencing export of these two-wheelers to Nepal and Sri Lanka.
Special: Trends 2009
Electrotherm expects to sell 30,000 no-petrol, no-licence, and no-registration vehicles this year. The company’s scooter plant in Kutch currently has an annual capacity of 2.88 lakh vehicles.
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