SAVSOL Ultra 4T 125CC Plus
Savita Chemicals Limited has launched a dedicated 125 CC engine oil for motorcycles. The product has been christened SAVSOL Ultra 4T 125CC Plus. The company claims that there is 35% less carbon coupled with 54% less camwear in SAVSOL Ultra 4T 125CC Plus than conventional 4T Oils.
SAVSOL Ultra 4T 125CC Plus is available in 1 litre pack which retails for around Rs.203 while the 900ml pack is priced at Rs.183 across India through Savita's extensive distribution network.
According to Maharaj K Wazir, President, Savita Chemicals Ltd, the company for the first time in India has provided a genuinely high technology dedicated 4T Oil for motorcycles having engines of 125CC capacity and above. He further added that SAVSOL Ultra 4T 125 CC PLUS will perform equally well in a 100CC Engine.
[Via: BIKE]
Ultra Motor to amp up India operations
UK-based electric two-wheeler manufacturer, Ultra Motor is planning to scale up its operations in a big way. The company is working on new model launches - up to six new two-wheelers this year - and is also looking at increasing the number of its dealerships in the country to 300, up from the current 170, over the next 12 months.
Ultra Motor, which is aiming for sales of up to 55,000 units in 2009-10, is also considering the possibility of setting up a new assembly plant near Gurgaon, which may be operational by mid-2010. Last year, the company had announced it would invest about Rs 150 crore towards expansion activity in India and the new plant would be a part of that.
The market for electric bikes and scooters in India is expected to grow in a big way over the next 3-5 years. Another major player - Hero Electric - is also looking at a sales growth of 75% in the next fiscal, for which the target is 70,000 units. The company is also working on expanding its dealer network to as many as 360 outlets, up from the current 100.
However, the current generation of electric scooters are bikes - which are extremely low on power (top speed in most cases is barely 25km/h!) and have a rather limited range - are likely to have a presence only in the entry-level segment. Until much more powerful electric bikes, with longer-lasting lithium-ion batteries, make an appearance, electric bike manufacturers are likely to remain niche players.
[Via: indiaautomotive]
Ultra Motor reveals it’s plans for India
Ultra Motor Company(UMC) has re-affirmed it's milestones for the Indian market. After successful achieving it's goals in FY07-08 the company has set a growth target of over 50% for FY08-09. The global electric vehicle company is also planning to have 180 dealerships across the India by end of March this year.
Additionally, the company is also looking forward to associations with BTL agencies to enter the semi-urban markets as a part of it's marketing strategy for FY10. UMC is planning to augment numerous BTL initiatives to support it's distribution network and increase organic growth.
According to Joe Santana, Chairman, UMC, UK, India is one of the largest two-wheeler markets in the world and hence continues to be one of the most important markets for them. Santana also said that the company will remain focused on their plans for the Indian market and are committed to grow in the electric two-wheeler market in India.
The UK-based company currently sells electric scooters for both the high speed and high range category of electric two-wheelers in India. UMC has already established the range of 'Ultra Motors' electric scooters with over 160 dealerships across 17 states.
[Via: Bike]
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