Lohia Auto, an electric two-wheeler maker, is looking forward to foray into the US market in the financial year 2012-13. The products, which the company plans to launch in the US market, are currently in the testing phase in the US market where it is currently carrying out necessary regulatory testings.
Speaking to the reporters in the National Capital, Lohia Auto Industries Chief Executive Officer, Ayush Lohia said, "We are targeting the international market at present. Very soon, we will appoint a distributor in the US and export will start next fiscal.“
While launching its Genius electric scooter in New Delhi on Wednesday, Mr. Lohia said, that the company may start exporting this model to the US market, which will be followed by the company’s other products later on. A few of these products of the firm are currently in the development stage.
The Genius model was launched in the country at Rs 25,495 (ex-showroom, Delhi price), adding one more model to its already existing line-up of Oma and Fame models. While further elaborating the company’s expectations with the new model, he said, "The new two-wheeler is targeted at young people. We are aiming to sell 400-500 units of this product every month."
