ENA State 2023-08-03 14:13:31 <p><span style="font-size:14px"><strong>Kochi, Aug 3 (KNN)</strong> The Kerala Automobiles Limited (KAL), a public sector unit has decided to venture into electric scooter manufacturing.</span></p> <p><span style="font-size:14px">The states Industries Minister P. Rajeeve informed that KALs first e-scooter will be out within the next six months.</span></p> <p><span style="font-size:14px"><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></span></p> <p><span style="font-size:14px">Speaking at the contract signing ceremony for the electric two-wheeler manufacturing unit to be set up at the Kinfra Park, Rajeeve said, The initiative is expected to create direct employment for 200 persons and for more people indirectly.</span></p> <p><span style="font-size:14px">The e-scooter manufacturing unit which is being set up in association with Mumbai-based automobile manufacturing company Lords Mark Industries Private Limited is being set up at Rs 4.64 crore.</span></p> <p><span style="font-size:14px">KAL has a 26 per cent stake in the joint venture, while Lords Mark holds the remaining.</span></p> <p><span style="font-size:14px">During his address, the minister said that the electric auto rickshaws which were launched by KAL are getting a good response. He informed that some of the technical issues related to the auto rickshaws that were launched in the first phase had been resolved. The PSU has been receiving significant number of orders from Nepal. <em><strong>(KNN Bureau)</strong></em></span></p> 34320 https://knnindia.co.in/news/newsdetails/state/kerala-automobiles-ltd-to-enter-into-e-scooter-manufacturing 2023-08-03 14:13:31 knnindia.co.in