Lohia Auto is gearing up for a larger role in the electric vehicle (EV) space which it feels is going to expand in a major way in the years to come.
“These are exciting times for the electric vehicle market, we feel a substantial number of customers will shift from gasoline to electric vehicles … our focus has been on three-wheelers, we will now go in for two-wheelers in this market,” said Ayush Lohia, the 40-year-old CEO of Lohia Auto, part of the Lohia Global group.
He believes that now with prices being set by rival Bajaj for its Chetak electric scooter, more players will foray into the market trying to better Bajaj either on the price or the features front.
