1. UML plans to launch cruiser bikes next year

UML plans to launch cruiser bikes next year

UM-Lohia (UML), a 50:50 joint venture between the US-based motorcycle brand UM and Lohia Auto Industries which is into electric two and three-wheelers...

By: | Hyderabad | Published: September 26, 2015 3:22 AM

UM-Lohia (UML), a 50:50 joint venture between the US-based motorcycle brand UM and Lohia Auto Industries which is into electric two and three-wheelers, is planning to launch cruisers and motorcycles in India during the Auto Expo scheduled to be held in New Delhi in February 2016.

“We will be launching UM’s Renegade series of bikes, which will be in the 300cc-500cc category. The JV company is investing R100 crore in the next two to three years as part of its manufacturing plans ,” Ayush Lohia, chief executive officer, Lohia Auto, said after announcing its entry into southern market with the launch of its electric scooters, e-rickshaws and diesel three wheelers.

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