Cal-on Motors is planning to launch two new `high speed` electric bikes later this month, which will be priced at about Rs 35,000 each.
These new e-bikes will complement the already launched electric scooter, which has sold about 1,000 since its launch in November 2008.
The Chairman and Managing Director of Cal-On Motors, Mr. A. Suresh Babu, said, "Most of the electric bikes launched are designed like the scooter, all of them resembling one another with some changes. We have innovated to develop a moped type bike and another motorcycle form bike. These new variants will help attract new segment buyers."
Cal-on Motors has a small manufacturing plant in Cherlapally, which employs about 75 people. The company has also acquired land near Vijayawada to set up its second plant, which will take up the production capacity to 50,000 units a year, he said.
The new electric bikes from the company will have capacity to cruise at top speed of 60 km and can carry two persons with ease. Typically, one charge of six hours will ensure that the bike manages about 70 km. A battery lasts for about 18 months and costs about Rs 6,000, he said.
The running cost of these bikes works out to about 10 paise/km. Mr. Babu added, "We are keen that the State Government extends concessions like that offered by the Delhi and Tamil Nadu Government. This will help us reduce prices further and attract more buyers."
At present, the company is engaged in talks with some corporate entities for bulk sale of these bikes to be used in large campus environments. These include IT companies, and defence establishments, among others.
|
|
Posted On : 09 Jun 09
|
|
|
|
|
|
