LML Electric inked a letter of intent (LOI) on April 18 to form a joint venture (JV) with eROCKIT AG, a Germany-based electric hyperbike manufacturer. If the parties agree on the JV, the mass production of the bikes will take place at LML's facilities in India.


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"With this new jewel in LML's crown, the technology strength, manufacturing prowess, and disruptive consumer experience that we stand committed to offering, will get a new dimension altogether, besides meeting the high level of expectations of our primary as well as secondary target audience," LML CEO Yogesh Bhatia said in a statement.


Also read: Electric scooter maker Okinawa's EV dealership burnt to ashes due to short-circuit


EROCKIT, a unique pedal-powered electric motorcycle, is a hyperbike that runs with effortless pedalling and has a top speed of over 90 km/h, supported by an advanced battery and electric direct drive motor. The innovative, clutch-free direct drive of the eROCKIT intelligently adapts to the intuitive pedal control. 


(With inputs from PTI)


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