Business Standard

LOOKING AHEAD

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Hero plans to launch two new scooters every year for the next few years

It also plans to sell about 25,000 units in FY18

The range will start from ~19,900 for lead-acid battery vehicles

Okinawa Autotech plans to invest $40 million over the next three years

It targets sales of 12,000 units in FY18

Okinawa is working on an e-scooter that would run 200 km on a single charge

Industry players, however, feel that bank financing is the key for volumes to pick up

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