Category: Motorcycle Price

A former Costco employee explained how anyone can become a member and advised customers on how to spot the best deals in-store, urging them to keep an eye out for certain clues coded on product labels.

An employee explains how to spot a good deal at Costco

A former Costco employee has explained how to spot the best deals in-store, urging shoppers to look for coded clues on item labels.

Rachael, who previously worked as a cashier at Costco, shared some in-store secrets on Channel 5’s Costco: Is it really worth it?viewers also learning how anyone can become a member.

The documentary examines the inner workings of the members-only retailer, with insights from shopping experts and others with inside knowledge.

Rachael then revealed the hidden clues that could see you slash the price of your cart items even further, urging shoppers to keep their eyes peeled for a 97p at the end of the price tag.

Former cashier Rachael advised customers to look carefully at item labels

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As detailed in the show, this means the product has been discounted.

Rachael explained: “It could be reduced from the full price to that, so it could have been £20 and reduced to £9.97.”

Retail expert and author Miya Knight also made an appearance on the show, who urged Costco members to watch out for asterisks on labels, which means the product won’t be back in stock.

Miya also divulged some of the clever tricks Costo uses to trick customers into spending more than they originally planned – telling customers not to be distracted by “big wow” items at the front of the store.

She said: “They tend to put basics like milk, bread and toilet paper right in the back…they put their big wow items right in front to distract you.

Costco will apparently put its ‘big wow items right out front’ in a bid to distract customers (Stock Photo)

“The layout is quite chaotic, so often as a member you have to go on a journey of discovery every time. It’s absolutely their goal that you come away with something you didn’t intend to. buy first.”

Rachael added: “The most common thing you heard was, ‘I only came for one thing. You used to just laugh and then they’d spent over £100.”

New show sheds light on the inner workings of the members-only retailer (Stock Photo)

Advising customers to come prepared before their Costco store, consumer journalist Harry Wallop said, “The real thing about Costco is you have to come in candidly with a calculator and internet access and just check the prices because it really depends.”

“Some things are fantastic value and some things are not good value at all.”

Costco membership is generally restricted to traders or businesses such as small grocery stores and takeaways, while those working or in certain professions – including the NHS and the public sector – are also eligible.

Although you can shop online for just £15, only members can visit the warehouses themselves. Executive Memberships are available for £74.40 for regular buyers, which includes 2% cash back on many items.

However, Channel 5 revealed that anyone can circumvent the typical membership criteria, confirming with four Costco stores that those with AA or RAC breakdown cover could become Costco members for the usual fee of £33.60.

They were also able to confirm that this was also the case for National Trust members, as well as American Express credit card holders.

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Indrek Madar, a board member of Autosõit OÜ which trains potential drivers in several regions of Estonia, said that although the driving school has not raised prices this year, the issue should be addressed. at a board meeting on Wednesday.

“Keeping in mind that the price per liter of fuel has gone from €1.3-1.4 to €2.2, this is a significant expense for us, alongside labor costs” , did he declare. “It’s too early to say if we’re going to make this decision now, when there’s clearly a pain threshold somewhere. Instructors want to get paid and feed their families. We can’t start buying fuel at the expense of instructor salaries.

Madar added that prices have not risen so sharply in the past and the situation is new for everyone.

Enn Saard, member of the board of the driving school Aide, pointed out that if a passenger car consumes one liter of fuel per hour and a truck four or five litres, it is not difficult to calculate how much a driving lesson has become more expensive.

Saard said that while Aide paid no attention to when someone started studying before, she is now discussing whether to introduce a time limit, so people who started learning six months ago or a year can no longer drive for the same price as when they started. Otherwise, the school could plunge into the red with student driving lessons which began three years ago.

The driving school last raised its prices around the start of the year, but Saard suggested it will have to adjust them again in the near future.

“The pressure on wages is on top of everything else. Our people also want to be able to pay their electricity bills,” Saard said, adding that the school was not monitoring the competition’s pricing policy because customers do not were not missing.

LRK Autokoolitus OÜ, active in Viljandi, Paide and Rapla, has tried to avoid the price increase so far in the hope that the fuel price increase will be temporary,” said Jaan Kleemann, board member of administration.

“But it seems to be changing from temporary to permanent now,” he said, adding that if the company doesn’t raise prices this summer, it will have to work with a loss, which is hampering development.

Many future students

Driving schools have not noticed that the general increase in prices has an impact on people’s interest in learning to drive. Indrek Madar said the market has been unstable due to the coronavirus for two years, which is why it is impossible to speak of regular trends, while the school has not seen a drop in the number of students; quite the contrary.

Enn Saard said people are used to rising prices and that being part of Europe also means European prices. For example, it costs €1,700-1,800 to obtain a Class B license in Finland, while Aide offers the package, complete with dark and slippery driving training, for €905.

Kleemann said that the best indicator of economic interest is the number of people who want to obtain an A license (for a motorbike – editor’s note), or the number of so-called amateur drivers. The number of customers after an A license has not decreased for LRK Autokoolitus to suggest that people still have money.

Estonia has about 300 driving schools and twice as many driving instructors. As is the case in many other fields, driving schools also have difficulty finding instructors.

“There are none available even if you look closely, and we have not yet taken up the offer to pay instructors from other schools more. We have trained our own instructors and paid for their training Madar said, suggesting that a driver instructor training spans at least 750 hours and lasts seven to nine months.

Kleemann said LRK Autokoolitus had the same team for over a decade, so people will want to retire at some point, which means they are already thinking about it.

“They [instructors] are not easy to find,” he admitted.

The price of fuel broke the all-time record in Estonia on Tuesday when customers of major petrol station chains had to pay €2,259 for a 95 liter petrol. The price of diesel fuel was €1,999 per litre. and that of 98 octane petrol €2.309 per litre.

The head of the Estonian Petroleum Association, Mart Raamat, said the situation remains unstable, which is why he sees the price falling this summer.

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CHAMPAIGN – As Champaign Cycle slowly returns to its normal inventory, it is experiencing price increases for bicycles and bicycle parts that indicate the ongoing national bicycle shortage, which began after the sudden increase in sales at the start of the pandemic.

Since May 13, a Statista report found that Americans spent $7 billion on bicycles and accessories in 2020, $8.2 billion in 2021, and $7.5 billion in 2022, up from $6.1 billion in 2019.

https://illinoisnewsroom.org/wp-content/uploads/2022/06/NEWS20220606_BikeShortage_CC.wav

Heather Mason, president of the National Bike Dealers Association, said the bike industry was unprepared for the surge in sales at the start of the pandemic, which caused chain disruptions. supply. “We just didn’t have the systems in place to handle such massive growth,” she said. “Our industry was actually in a slight decline, so we were better prepared to handle a downturn rather than a ramp-up.”

She said major bike manufacturers — like Trek, Cannondale and Giant — predicted the bike shortage, so they ordered large quantities of components in advance. This made it harder for smaller manufacturers to get their hands on those same parts.

The availability of bicycle components and accessories has also affected retailers.

“Some components go to certain brands, and some smaller brands just can’t get the components now,” she said. “It trickles down, and retailers get, you know, instead of 20 road bikes like they’re used to, they could get one.”

This trend was true at Champaign Cycles, according to store manager Alexander Hegeman-Davis.

In 2020 and 2021, the store stocked fewer than 20 bikes, as opposed to its pre-pandemic number of 200-250 bikes.

At the height of the pandemic, Hegeman-Davis said the store only received bike deliveries once a month. But in the past two months, the store has started receiving weekly deliveries. The number of bikes Champaign Cycle has in stock has increased significantly since last summer.

After the COVID-19 hit, Mason said consumer demand for the bikes suddenly increased, but due to tariffs, global shortages and shipping costs, she said the price of the bikes went up. At Champaign Cycle, prices have risen about 25% over the past two years, although the store currently has over 200 bikes.

“Even recently we had another price increase on some of our bikes,” he said. “So maybe the price increases will slow down, but I don’t think we’ll ever go back to some kind of pre-pandemic pricing on bikes.”

Even though bike industry growth has slowed since 2020, Mason said sales were still above pre-pandemic levels.

Although the shortage persists, Mason said she is focusing on specific bike models, components and accessories. She predicts the shortage will last until next year or two years from now.

“It’s going to have to play out naturally where demand and supply can find a way to meet in the middle,” she said. “I hate to say there’s nothing we can do, but I think he just needs a bit of a natural set up.”

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By Toby Walne, Financial Mail on Sunday

Published: 4:50 p.m. EDT, June 4, 2022 | Updated: 4:50 p.m. EDT, June 4, 2022

National Bike Week begins tomorrow – with a record number of e-bikes taking part in a variety of events designed to showcase the many benefits of cycling.

Sharp price increases at the gas pump have led to a huge increase in the number of people leaving their cars at home and using bicycles.

The biggest increase in bicycle sales is for e-bikes, also known as e-bikes. This year, sales are expected to double to 300,000, bringing the total number of e-bikes on our roads to over one million.

Pedal Power: As part of National Bike Week, the government-backed Cyclescheme is being promoted

There are already 20 million traditional bicycles in the UK.

E-bike sales are said to be higher, but they are still expensive – usually costing from £1,000. However, as part of National Bike Week, the government-backed Cyclescheme is being promoted, allowing buyers of traditional and e-bikes to enjoy 25-40% discounts on a new two-wheeler, as well as accessories such as helmets and locks. .

The discount, offered to workers whose employers are affiliated to the scheme, results from the fact that the buy-back is made on the gross salary – and not net.

Over 2,000 bike shops across the UK are also signed up to the scheme, details of which can be found at cyclescheme.co.uk.

Electric bikes have a rechargeable battery-powered motor on the frame, which is especially useful when riders are tackling hills.

At speeds of up to 15.5 mph, riders no longer receive motor assistance.

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Rising fuel prices are prompting motorists in the UAE to seek alternative modes of transport and favor short-term rentals for daily trips.

People have had to pay more at the pump in recent months as global oil prices soared, with a 13% increase in June after peaks of 10% in March and 16% in April.

Jaideep Dhanoa, co-founder and managing director of Fenix, a micromobility operator in the United Arab Emirates, said more and more commuters are turning their backs on cars to avoid fuel and parking fees.

“Globally and regionally, we are grappling with rising inflation on a range of personal expenses, from fuel costs to grocery hikes, which are eating away at our disposable income,” he said.

“More and more people are looking to save on expenses for day-to-day tasks like commuting.

“From a mobility perspective, people are turning to car sharing and for those looking to buy, electric cars have become much more attractive from a cost perspective. But the challenge is that there is not enough supply to meet the demand.

“That’s where other modes of micromobility come in, like e-scooters and e-bikes.”

Last month, Fenix, which has 10,000 light vehicles spread across 10 GCC cities – its largest share being in the United Arab Emirates – recorded its best month to date since its launch in late 2020.

“For our scooters and e-bikes, we offer one-way rental,” he said.

“We also offer a personal subscription vehicle for Dh150 per month where we deliver a scooter to your doorstep, you have unlimited rides, a smart app to monitor the ride and battery life as well as maintenance service and insurance coverage.”

Operating on a Dh1 per minute basis, he said users are opting for micromobility vehicles to make short trips to work, to transport them to and from public transport stations, or to connect with people. colleagues or friends at a meeting point to carpool longer. trips.

Dubai teacher Alexandra Gordon, 37, said she occasionally shares a car ride to work with friends because it’s more economical than buying and maintaining a car. She runs a short distance from Motor City to Remraan.

“When I lived in the UK I always used public transport or carpooling,” she said.

“When I first moved to Dubai my house was within walking distance of my work, but I have since moved and started taking taxis to and from work because I didn’t know the public transport routes.

“I now take him to work by bus and bring him home by taxi. With the rising cost of fuel, I would like public transport in Dubai to expand because I want to try to be as sustainable as possible with my travels.

Some motorists have taken a long view and traded gas-guzzling SUVs for more fuel-efficient vehicles.

Christopher Creek, 53, who lives in Abu Dhabi, drove a Jeep Grand Cherokee before switching to a Nissan Micra 18 months ago, saving Dh500 a month.

“I switched because of the general ease of hiring a car, including lower fuel costs,” said the UK aeronautical engineer. The Nationalahead of recent increases in UAE forecourts.

Maria Sobh, 26, sold her Jeep after realizing she was spending more than Dh1,300 a month on fuel.

According to an Audi Abu Dhabi survey released last month, around 52% of UAE residents plan to switch to hybrid or electric cars as rising fuel prices increasingly influence how consumers perceive transport.

According to the research, which surveyed 1,000 UAE residents, 25% of respondents are waiting for more electric vehicle options to be launched before buying.

UAE residents now plan their car journeys more carefully, with around 25% saying they use public transport a lot more, while 14% of drivers have bought a scooter or electric bike to use on the road. short distances, the survey found. .

In April, Dubai allowed the use of electric scooters in 10 districts and on cycle lanes as part of plans to expand the electric vehicle network in Dubai.

Two thousand vehicles, operated by four companies, have been made available for hire in areas identified as most likely to benefit from greater access to e-scooters.

The network covers 167 kilometers across Sheikh Mohammed bin Rashid Boulevard, Jumeirah Lakes Towers, Dubai Internet City, Al Rigga, 2nd of December Street, The Palm Jumeirah and City Walk.

Updated: June 03, 2022, 04:30

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Hero Motocorp shares are up 11% so far this year, outperforming the benchmark Nifty 50 index which has fallen more than 6%. HDFC Securities analysts say Hero Motocorp shares could jump 10% over the next two quarters as it gradually recovers lost market share in motorcycles, expands market share in the segment premium and the rise of exports. Analysts also believe that the company is well placed to benefit from the recovery of the rural economy in the future. “We think investors can buy the stock on dips in the Rs 2600-2640 band and add more dips in the Rs 2360-2400 band,” they said in a report. The stock was trading at Rs 2,760 on BSE, down 0.8% intraday.

Buy drops in the Rs 2600-2640 band and add more drops in the Rs 2360-2400 bandTarget price: Rs 3069; Up: 10%

Time horizon: 6 months

Analysts expect Hero Motocorp’s revenue, EBITDA and PAT to grow 16%, 25% and 25% CAGR respectively between FY22-24, driven by recovery in motorcycle market share national and the rise of exports. The company’s aggressive plans in the scooter, high-end bicycle and electric vehicle segments are also likely to mean well for medium-term growth. Analysts believe investors can buy the stock on dips in the Rs 2600-2640 band and add more dips in the Rs 2360-2400 band (12.25x FY24E EPS) for a fair benchmark value of Rs 2,875 (14.75x FY24E EPS) and fair value of the bullish case of Rs 3,069 (15.75x FY24E EPS) over the next two quarters.

Main upside triggers

Reduction of excise duties on fuels for the benefit of automotive players

The government recently reduced excise duties on petrol and diesel in its effort to contain inflation. Petrol prices had reached around 120 rupees in some states after the increase made by the WTO on March-April 22. In order to offer some relief, the government reduced petrol and diesel prices by Rs 8 and Rs 6 respectively. Some states have also reduced the VAT on these fuels, which has led to a greater drop in their prices. Rising fuel prices have been one of the main factors that have weighed on demand, especially for two-wheelers, as the cost of ownership has risen significantly. Analysts believe the excise duty reduction will benefit automotive players, including Hero Motocorp

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Removal of import duties on raw materials to cool prices

The government’s decision to remove import duties on certain steel industry raw materials such as coking coal and ferronickel and to increase/levy export duties on iron ore/certain intermediate products in steel will lead to lower costs for domestic steelmakers, with the Engineering Export Promotion Council (EEPC) saying prices could fall by 10%, according to the report. “This would increase the domestic availability of key industry inputs and reduce manufacturing costs. With prices falling, they would be able to pass on the benefits by reducing prices. 2W demand is sensitive to the initial cost of ownership,” the brokerage report states.

On track to commercially launch its own electric vehicle in July

Hero MotoCorp has launched its new brand dedicated to electric mobility, Vida. In line with the relentless pursuit of its vision, “Be the Future of Mobility”, the company unveiled Vida and called it an all-new identity for its emerging mobility solutions, including upcoming electric vehicles (EVs). . Hero Motocorp’s first electric two-wheeler under Vida will be unveiled on July 1 this year.

Well positioned to benefit from the recovery of the rural economy

Expectations of a normal monsoon in 2022 and high food prices have improved rural income prospects for FY23, which is another bright spot for Hero Motocorp, analysts said. In addition, various high-frequency indicators of rural demand, most of which emerged recently, also helped her. Bank of America expects nominal farm income for the FY23 Kharif season to improve to 17.1% year-on-year, on top of a strong 15.4% increase during FY22. Analysts noted that Hero Motocorp has the strongest distribution network in rural and semi-urban areas of the country and would be one of the main beneficiaries of the revival of rural demand.

Premiumization and export growth to drive margin expansion

The two-wheeler manufacturer is already firmly established in the entry-level motorcycle segment and is now looking to gain market share also in the premium segment. On the export front, Hero Motocorp aims to export 5 lakh units in the next two years. It started operations in Mexico and expanded its presence in El Salvador and Dubai, and is also exploring opportunities in a few export destinations such as Colombia, Bangladesh, Nepal, Sri Lanka, Africa and Mexico . “The growing share of premium products and exports should contribute significantly to the overall expansion of its revenues and margins,” analysts said.

(The stock recommendations in this story are from the respective research analysts and brokerage firms. Financial Express Online takes no responsibility for their investment advice. Investments in the capital markets are subject to rules and regulations. Please consult your investment advisor before investing.)

A pair of Australians will cross the Pacific Ocean to take on the North American deserts later this year. On Monday, Toby Price and Paul Weill announced that they will organize three major events in the desert of the continent: the Best in the desertit is From Vegas to Reno from August 10 to 13, SCORE Internationalit is Baja 400 on September 13/14, and the mythical Baja 1000 from November 15 to 20. The effort, under the Team Australia name, will see them compete in the Trophy Truck class at Weel’s Geiser brothers a truck.

“Very happy to be able to announce that I will be riding with Paul Weel for Team Australia at Baja 400, Vegas at Reno and Baja 1000 this year,” Price displayed on social media. “Weely put a lot of work into putting this program together so I can’t wait to get out there to show everyone what Aussies can do…”

Price is one of the biggest names in Australian off-road racing, winning the Dakar Rally‘s Bikes in 2016 and 2019 and the Finke Desert Race Seven times. He is the only one to have won the general classification of the latter in the Motorcycles and Cars divisions. For his achievements, he was awarded the Order of Australia in 2021.

While Price has mostly been on dirt his whole life, Weel is a long-time veteran of pavement racing having competed in the supercar championship from 1998 to 2008, although he enjoyed success in the Australian Off-Road Stadium Championship before moving on to Supercars. Serious injuries in a practice crash leading up to the 2008 Bathurst 1000 ended his racing career and he focused on his family business for the next decade.

In 2020, Weel made his return to racing in the Boost mobile super trucks (the Australian counterpart of super stadium trucks) as well as desert races in Australia and America like the Australian Off-Road Motorsport Championship and Best in the Desert. Weel acquired his trophy truck from Price for his rally raid adventures. He overcame mechanical problems to finish tenth in class in his Mint 400 debut, while his first Finke start earned him a twelfth-place finish.

Price and Weel crossed paths in SST when they faced each other at the Darwin and Townsville rounds in 2021. The three-race weekend at Townsville saw Price win the first before Weel won the next two, and they finished 1–2 in races #1 and #2.

Although Weel has never raced Vegas to Reno or SCORE, Price has dabbled in the latter since 2012. He served as a Trophy Truck co-driver for jesse jones and Bryce Menzies in various SCORE events like the San Felipe 250 and the Baja 1000. In 2019 he teamed up with another Dakar star Nasser Al-Attiyah for the Baja 1000, where they rode Jones’ truck to a second-place finish overall. Price entered the 2021 1000 in a Trophy Truck Spec for Thunderstruck Motorsports, but did not finish.

HYDERABAD: As the Center slashes gasoline and diesel prices, travel enthusiasts are back with exciting travel plans. Several groups from the city flew to different destinations across the country by bike or car over the past weekend.

“We had an elaborate road trip planned for this summer and were seriously considering using our friend’s EV (electric vehicle) car to save fuel, even though we are bike lovers,” said Avijit Sharma, 21, a resident of Kowkur.

Thanks to the sudden decision to reduce fuel prices, the trip became quite affordable and we were able to start the trip on Monday. We are traveling all the way south to Rameshwaram and will return home after two weeks,” he said. Aviijit is on tour with three of his friends.

Meanwhile, Anup Kumar, Nishith Kapoor and Nayaab Sharma took off to Ladakh from Hyderabad on three bikes.

“We usually tour neighboring states, but we had planned the ‘Ladakh trip’ this year. The fuel hike dampened our spirits, but the decision to lower the rate, even marginally, was a sigh of relief. We thought it might get worse if we postponed further and left. The trip should now be done with some relief,” said Anup Kumar.

However, Rohan Gupta, a big off-road enthusiast, as he calls himself, says that for road trips, it’s still not cut enough. “Car journeys involve toll charges, extra fuel and it all adds up a lot in the end. Cycling trip during summer, especially in South India, can lead to serious health issues. health, starting with sunburn, dehydration, physical exertion, etc. I don’t think it would be foolishly optimistic of me to wait for more cuts and take my car for a nice drive to Chirala or Gokarna,” he said.

…

See the pictures

Vikas Jhabakh, MD, Keeway India with the Keeway Sixties 300i and Vieste 300.

After entering the Indian market by introducing three new two-wheelers, Hungarian manufacturer Keeway has announced that the Sixties 300i and Vieste 300 are priced at ₹2.99 lakh (ex-showroom). The prices are however introductory for these two products and expect them to be increased soon. The company also revealed that deliveries of the two scooters would start from June 2022. Keeway is part of Qianjiang Motorcycle Group, a Chinese motorcycle manufacturer, which also owns the Benelli Group. In partnership with Adishwar Auto Ride India, Keeway would leverage Benelli’s network of over 40 dealerships across the country and its assembly plant.

The Sixties 300i uses the same 278cc engine as the Vieste 300 but is a retro-classic scooter, with a design inspired by the 60s.

Also Read: Keeway Makes India Debut; Introduces three new two-wheelers

Vikas Jhabakh, MD, Keeway India said, “We are delighted to introduce the new product line: Sixties 300i and Vieste 300 at an attractive price considering market dynamics and customer preferences. Both of these vehicles feature unparalleled ergonomics, superior functionality, innovative technology and uncompromising quality, which helps us establish KEEWAY’s unique identity in the Indian market.

The Keeway Vieste 300 is a 278 cc maxi scooter that develops 18.4 hp and 22 Nm of maximum torque. It relies on telescopic forks at the front and hydraulic suspension at the rear and receives a 12-litre fuel tank. The scooter is also equipped with front and rear disc brakes as well as dual channel ABS. The Keeway Vieste 300 is available in three colors: matte black, matte blue and matte white. The Keeway Vieste 300 is also equipped with keyless ignition.

(The Keeway Vieste 300 is a 278cc maxi-scooter and it has a whole bunch of features)

Also Read: Benelli India Teases Launch of Hungarian Motorcycle Brand Keeway

The Keeway Sixties 300i is a classic retro scooter fitted with the same 278cc single cylinder engine as the Vieste 300. It develops the same power figures. It rolls on 120/70-12 tires, and receives disc brakes with dual-channel ABS. Also available on the Keeway Sixties 300i, LED lighting, multifunction ignition and much more. The color options offered with the Keeway Sixties 300i are matte light blue, matte white and matte grey.

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The Keeway Vieste 300 and Keeway Sixties 300i are both equipped with the Keeway Connect system, the company’s technological solution which offers an integrated GPS unit with a SIM card that connects to the application and broadcasts the location of the vehicle. A built-in battery powers the system and the vehicle can accurately track up to 2.5 meters of its vicinity and up to 3 hours even with the device disconnected from the main battery. It also offers remote engine shutdown, setting up a geo-fence, keeping trip records, setting a maximum speed limit, and sharing location information with friends on community rides.

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Expanding its portfolio of electric scooters, Komaki Electric has launched two advanced models – DT 3000 and LY – priced at Rs 1.22 lakh and Rs 88,000, respectively. The DT 3000 comes with a single battery while the high-speed LY with anti-slip features, the company said in a statement. Komaki Electric launched its first Ranger battery-powered cruiser motorcycle and Venice electric scooter in January this year. The introduction of the two new electric scooter models has expanded the company’s product portfolio to eight models, including four for this year alone, Komaki said.

The launch of these vehicles also reflects the company’s commitment to aggressive R&D activities, production capacity and rapid response to ever-changing market demands, he said. “After receiving an overwhelming response from customers, we are inspired to be back with two new electric vehicles, the DT 3000 with its unique battery and the LY with anti-slip features,” said Gunjan Malhotra, Director of Komaki’s electrical division.

Powered by a heavy-duty 3000 watt BLDC motor with the patented advanced 62V 52AH lithium battery, the DT 3000 comes with a top speed of 80km/hour and can travel 180-220km on a single charge. Likewise, LY will be the country’s first electric scooter for the economy segment of drivers to have a non-slip function, which will set the benchmark in the electric vehicle industry, Komaki said in the statement.

Powered by a lithium ferro-phosphate battery, the high-speed LY offers a mileage of 80-90 km on a single charge, the company said. “Our next-generation electric vehicles are widely recognized in the market for their high performance, low maintenance and long lifespan, among others. Additionally, with dozens of cutting-edge features and affordable pricing, Komaki offers excellent value for money to customers,” added Malhotra.

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