New 3 Electric Vehicle From Ultra Motors

Ultra Motor, UK based electric bikes manufacturing company tied up for the launch of 3 electric vehicles in India in few years. They want to cover up the electric bike market India. Though the electric bikes in India are not much popular and they have small market for it! Hike in petrol price may increase the sale of such electric vehicles.

Hero is the one that also produce electric vehicles in India. They are chose because of low maintenance, low money to spend over every trip compare to petrol engined bikes.

New three vehicles include on high-speed model and other two cost-efficient models. Last year they had sold about 24,000 units of its vehicles and now in 2009-10, company targeting to achieve 50,000 sales figure for its vehicles!

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