IANS
New Delhi, Oct 6: BSA Motors, part of the Chennai-based Tube Investments, Tuesday unveiled five models of its electric scooters here.
The models, priced in the range of Rs.19,450 and Rs.27,200 (ex-showroom Delhi), have an engine capacity between 250 watts and 800 watts.
"The electric scooter market is currently a Rs.400-crore market in India and the industry is expected to double in a year's time," Tube Investments managing director L. Ramkumar told reporters here after unveiling the models.
BSA Motors had launched electric scooters earlier this year in the southern markets.
"The initial market response for our product has been positive in the southern region and by the extending sales and services network into Delhi we hope to grow rapidly," Ramkumar added.
The company's Rs.30-crore Chennai plant has an initial production capacity of 150 units a day, which can be ramped up to 300 units daily.
BSA Motors also announced an exclusive festive offer, "Lucky Oye Lucky", for customers in New Delhi.
Customers can turn lucky thrice on purchase of any of the models of the electric scooter. The customer can win cash cards worth Rs.4,000, free extended warranty on battery for one year and can also save up to Rs.29,890 over a period of two years.