Basic Information
Lohia Machinery Limited (LML), now rebranded to LML Electric, is an iconic automobile brand based in Gurugram which created a sensation in the eighties and nineties with its scooters and motorcycles range. The company manufactured the products in collaboration with Piaggio and Daelim.
After facing ups and downs in the last two decades, the plant was eventually shut down in 2018. A few months ago, LML Electric announced its comeback to the Indian two-wheeler market by venturing into the electric mobility space. The automaker has forged a strategic partnership with Saera Electric Auto, a two-wheeler producer formerly manufacturing motorcycles for Harley Davidson, in India. The company had earlier stated that it would invest Rs 1,000 crore over the next 3-5 years. The company is currently laying down the “groundwork” to enter the EV market with a bang, however, it is tight-lipped over its investors, features of the electric scooter, and the upcoming product range. In a conversation with e4m, Dr Yogesh Bhatia, CEO of LML, shared how the company revived and managed to bounce back despite looming uncertainties.
Legal Name
:
Lohia Machinery Limited
Headquarters
:
Gurugram, Haryana, India
Founding Date
:
2021
No. of Employees
:
101 to 150
Core Team
:
1.
Yogesh Bhatia
Chief Executive Officer
Manufacturing
Automotive
Manufacturing
Automotive
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Manufacturing
Automotive