Saturday, April 30, 2011

Lohias to introduce electric 3-wheelers

Lohia Auto Industries plans to launch electric three-wheelers by Septe­mber this year. The yet to be named model will be launched in passenger and commercial variants. “The electric three-wheeler model will help in cheaper city travel. We have invested Rs 20 crore for a new assembly line for manufacturing three-wheelers at our factory in Uttarakhand,” Ayush Lohia, chief executive of the Uttrakhand-based electric two-wheeler maker, said.

The model will be developed with 95 per cent local content and will compete with light commercial vehicles like Tata’s Ace. He said light commercial vehicles are generally used for a range of 100 km a day in a city and their usage could be rendered cheaper with an electric model.

Lohia said the company has written to the ministry of new and renewable energy seeking subsidy or cash benefits. The ministry has already granted cash benefits of Rs 5,000-6,000 on sale of electric two-wheelers and up to Rs 100,000 on sale of electric four-wheelers in December last year till the end of FY 2011-12 as part of the 11th five-year plan.

NK Lohia-promoted Lohia Group with roots in textiles and engineering plastics business. The company sold 5,000 units of electric two-wheelers in 2010-11 and aims to sell 9,000-10,000 units in 2011-12, said Lohia. “We plan to have 50 dealers in place including south India by the end of this fiscal,” Lohia said. The company is also looking to export its two-electric scooters Fame and O-Star to the UK, the US and Italy later this financial year through local distributors.

Wednesday, April 13, 2011

Vespa is coming back to India

The name Vespa strikes a chord in the Indian market. The Italian two and three-wheeler manufacturer's successful collaboration with LML for geared scooters was quite the story. But the joint venture with LML broke up in 1999 and it wasn't until eight years later that Piaggio announced plans to re-enter our market with a spanking new facility in Baramati that Vespa resurfaced. India will be the third country in the world, after Italy and Vietnam, to manufacture these scooters. Considering the fact that the Indian two-wheeler market is seeing ever growing demand for automatic scooters, there's always room for another manufacturer to spread its wares.

Piaggio's first scooter for India will be the automatic LX 125, set to arrive in 2012. The Vespa LX 125 is a classic model, paying tribute to the original 1946 Vespa with its retro styling. It is a compact scooter, sporting well-rounded curves and a cute, round headlamp which is flanked by chrome rearview mirrors. The front apron sports a centre cowl, reminiscent of scooters from the past, apart from a chrome grille that houses the horn. The front apron is otherwise clean, smooth and incorporates a set of tall, rectangular indicators. An angular front mudguard guards the front suspension and five-spoke alloys.

The LX dash employs a rounded housing and retro font, with a speedometer, fuel gauge, low-fuel warning light, tell-tale lights and digital clock. Switchgear is thoroughly modern, and classy. Inside the apron sits a petite glovebox, capable of holding a few knick-knacks. There's a ridged footboard below. The seat seems wide, and should provide comfort for both, rider and the pillion. A large under-seat storage bay is present as well. Behind the seat lies a functional-looking grab handle, while the LX 125 rear is smartly contoured, again retro, but simple with an edgy stop lamp and turn indicators. An all-metal body should endure the LX 125 with robustness, as opposed to most Indian plastic-body scooters of today. However, fit and finish and quality on the scooters to leave Baramati remain a question mark for now.

The LX 125 for India will deploy a 124cc, four-stroke, fuel-injected, air-cooled single cylinder engine. 125cc is a favourite displacement for Vespas, the Italian manufacturer having often given its vehicles similar capacity engines over six decades. Peak power output is a decent 10.7bhp at 8250rpm, while maximum torque will be 0.97kgm at 6500rpm. Its automatic CVT transmission, coupled with decent power and torque, should help the LX 125 deliver ample performance and offer convenience in Indian traffic conditions.

The front suspension is a single-side, linked arm with hydraulic shock absorber and coil spring, the rear suspension comprises a hydraulic shocker, adjustable for preload. The LX 125 uses a purposeful 200mm front disc brake, with a conventional 110mm drum behind.

With the pricing yet to be announced, indications are that the LX 125 will be dearer that its competition, with premium positioning. It is yet to be seen if the Indian market will accept premium scooters, shell out that difference in money and make a lifestyle statement. Only time and a India road test will give the answer.

Sunday, April 3, 2011

HMSI shows 2% increase in sales in March and jumps to 30% in 2010-11

Two-wheeler manufacturer Honda Motorcycle & Scooter India (HMSI) today reported 2.09 per cent jump in its total sales for March at 1,47,301 units compared to 1,44,288 units in the same month of the previous year.

For the entire 2010-11 fiscal, the company's total sales increased by 30.31 per cent to 16,56,727 units from 12,71,377 units in the previous fiscal, HMSI said in a statement.

During March, motorcycle sales inched marginally to 65,899 units as against 65,888 units in March 2010, it added.

The company reported an increase of 3.83 per cent in scooter sales to 81,402 units last month from 78,400 units a year ago during the same month.

During 2010-11, the company's motorcycles sales rose by 44.06 per cent to 7,48,895 units from 5,19,832 units in the previous fiscal.

Scooters sales in the last fiscal stood at 9,07,832 units as against 7,51,545 units in 2009-10, up 20.80 per cent.