The Indian company LML plans to replace Western manufacturers of two-wheeled electric vehicles on the Russian market and offer its products in the near future. This was announced by the director of the company-distributor of LML products in Russia “M. I. Distribution Group” Ramnik Kohli.
“We will represent these vehicles in Russia and the CIS – electric mopeds, bicycles and scooters. We definitely plan to take the place of departed Western companies in Russia. India has a lot of experience in the production of scooters and motorcycles, historically India has produced more such vehicles than Western brands.‘ Kohli said.
LML plans to enter the Russian market in a few months with three new products: the Star electric scooter, the Orion electric bike (it will have haptic feedback and GPS support), and the Moonshot, an off-road electric bike that can be ridden and pedaled, and using an electric transmission.
Plans to replace Western manufacturers in Russia were confirmed by LML Managing Director Yogesh Bhatia:We are ready for it!“. “We plan to enter the Russian market decisively and have a strategic plan in place to introduce our technology to Russia, including three new innovative vehicles“, – added the source of the agency.
LML is one of the oldest two wheeler brands based in India. In 1983, the company began production of 100cc scooters, which gained great popularity in the country. In 1984, a technical cooperation agreement was signed with the Italian company Piaggio, and the production of Vespa scooters, the popular Vespa NV3 Alfa model, was launched in India. The company temporarily ceased operations in 2018 and was acquired by SG Corporate Mobility in August 2021.