LML Electric has entered into a strategic partnership with Saera Electric Auto — the former manufacturing partner of Harley Davidson in India — to produce its electric two-wheelers. Under the partnership, Saera’s facility located at Bawal in Haryana will produce a whole range of upcoming LML Electric vehicles.
The manufacturing plant spread over 2,17,800 square feet has a capacity of 18,000 units per month.
Commenting on the partnership, LML Electric CEO Yogesh Bhatia communicated that Saera was the company’s first choice because it holds unparalleled expertise and reputation with some of the world’s premier auto brands.
One of the popular two-wheeler brands in the 1990s, LML had fallen into tough times and went into insolvency. LML Ltd was ordered for liquidation by the National Company Law Tribunal (NCLT), Allahabad Bench in March 2018. It is now seeking a comeback in a new avatar with electric vehicles.
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