LML has announced a strategic tie-up with Saera Electric Auto to manufacture its upcoming electric vehicles.
LML had recently announced its plans to make a comeback in the Indian two-wheeler market through the electric vehicle space. Saera Auto, which used to manufacture Harley-Davidson motorcycles in India, has been roped in as the contract manufacturer.
The LML EVs will be built at Saera’s factory in Bawal, Haryana. LML intends to build a future-ready manufacturing facility using Saera’s cutting-edge technology and processes. This is the first of many steps for LML to transition into a 100 percent ‘Make in India’ company by end-2025. The manufacturing plant spans 2,17,800 square feet and has a capacity to produce 18,000 units per month.
LML’s CEO, Dr Yogesh Bhatia, said, “We are very pleased to announce this important collaboration with one of the most reputed manufacturing names in the two-wheeler and auto segment. Saera was our first choice because the company holds unparalleled expertise and reputation with some of the world’s premier auto brands. At LML, we hold a strong vision with this alliance as we aspire to create a brand that is 100 percent localised and has an impeccable quality assurance that is world class.”