Lohia Fame

Wednesday, 17 July 2024 11:23 PM Lohia Auto CEO Ayush Lohia has called for the robust implementation of the FAME policies to support the growth of the electric vehicle sector in India. With the FAME II scheme expiring on March 31, 2024, Lohia is hoping for a clear and long-term policy support through the anticipated FAME III scheme. I believe consistent policy support is crucial for the industrys growth.

Wednesday, 17 July 2024 08:14 AM Lohia Auto has announced plans to expand its electric three-wheeler range, including the launch of five new models by the end of July 2024. These new models are designed to meet the diverse needs of Indias evolving electric mobility market and align with the governments vision of making India an electric vehicle nation by 2030. This move is a significant step towards dominating the entry-level electric three-wheeler market.

Thursday, 25 April 2024 10:08 PM Lohia Auto is set to achieve ambitious sales targets, aiming to sell 25,000 electric two-wheelers and 10,000 electric three-wheelers in 2024. The company is also planning to double its sales network to 200 dealerships by the end of the fiscal year. This aggressive expansion strategy reflects Lohias confidence in the growing demand for electric vehicles in India.

Saturday, 11 November 2023 01:20 AM Lohia Auto has emphasized the importance of extending the FAME II subsidy scheme beyond March 2024 to facilitate the transition of the entire two-wheeler market to electric vehicles by 2030. CEO Ayush Lohia highlighted that the subsidy scheme is crucial for increasing sales volumes, promoting higher localization, and making India self-sufficient in the EV ecosystem. I think this extension is vital for the industrys rapid growth.