New Delhi: Lohia Auto Industries, an automobile division of 700 crores worth Lohia Global, and a leading electric vehicle manufacturer in India is now making international footprints. As a part of their export expansion, the company has first time entered the international market starting Nepal.
Sharing insights on expansion plans of Lohia Auto, Ayush Lohia, CEO of Lohia Auto Industries said “At present Lohia Auto Industries has made its mark in the Indian market. It has a Pan India presence with dealer network across India. Directly the brand is associated with 100+ dealers Pan India. Internationally, we plan to foray into South East Asia and neighbouring countries, to begin with as these are emerging markets with a lot of potentials. We have started with Nepal internationally and also launched a petrol vehicle for the first time.”
In additional to International Market foray, Lohia Auto has successfully introduced Petrol Auto in Nepal and appointed a distributor there. And for future expansion and a stronger foothold, the distributor appointed by Lohia Auto will further expand the dealer network in Nepal. Furthermore, as parts of its first Petrol Three wheeler launch, Lohia Auto has introduced passenger and cargo vehicles in the Nepal market.
“The Industry of Three wheeler vehicle is estimated to be 2500 units per annum. We plan to sell 600 units within the first year. To achieve this figure our aim is to appoint 10 dealers in next one year in Nepal as there is immense potential and we have already kicked started well.”Further added Ayush Lohia
Lohia Auto will soon be exporting to other countries in South East Asia and neighbouring countries as a part of its first phase of international expansion.
About Lohia Auto
Lohia Auto Industries is an automobile division of Lohia Global founded by visionary Late N.K. Lohia. Lohia has diversified operation in various sectors like Automobile, Handicraft Export, Retail Warehousing, Real Estate, Brass coil manufacturing etc.
Headed by Ayush Lohia, Lohia Auto Industries was established in the year 2008 with an objective to provide clean, efficient, reliable and affordable inner-city & rural transportation. In the highly cluttered automobile market, the company has carved a niche for itself with electric scooters.
Keeping in mind the energy security of the country, Lohia Auto has launched five models till date which are OMA, OMA star, DX, FAME & GENIUS and electric three-wheelers in passenger & Loader variants in name of ‘HUMRAHI’, ‘NARAIN’ & COMFORT. Lohia Auto also launched with its brand of Diesel/CNG Three wheelers ‘HUMSAFAR’ in both segment i.e. Passenger and Cargo for Domestic and Exports market.
The company has a manufacturing unit based out of Kashipur, Uttrakhand with the capacity to produce 100000 units/Year of Two & Three Wheelers. In addition, it has in-house production of various key components and also houses ultramodern R&D department which provides and ensures innovative, highly efficient & durable electric vehicles to meet the ever-growing demands of the domestic and international markets.
Lohia Auto Industries has been associated with SIAM (Society of Indian Automobile Manufacturers) and is also one of the founder members of SMEV (Society of Manufacturers of Electric Vehicles). It is the only company registered with UNFCCC (United Nations Framework Convention on Climate Change).