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    Wed 22 May, 2013, 12:36 PM IST - India Markets close in 3 hrs 24 mins

    Eco-friendly electric bikes hit Indian roads

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    8 months ago, Ani

    Unveiling the elegant eco-friendly electric bikes! Foraying into e-bike market in the country, Enigma Auto's bikes hit the roads to provide an unconventional means of transportation. Having a maximum speed of 25 kms per hour these bikes come with a price tag of 500 to 600 USD. India being a potential market for two-wheelers, is witnessing a growth in demand for environment-friendly electric vehicles. Sales of e-bikes have gone up from 90,000 units in 2009-10 to 120,000 units in 2010-11. It is expected to reach 160,000 in fiscal 2012-13.
    Ani

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