Business Standard



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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