Garware Motors Ltd., on Monday outlined plans to launch more bikes from the versatile Hyosung stable in India, which could include the roll out of the latter’s electric bike range.
The company, which has introduced three super bikes during the year in partnership with Korean company S&T Motors, manufacturer of Hyosung brand of bikes known globally for its superbike range, is at advanced stage of homologating its twin-engine-powered 250 cc bike to be launched next year, said Mr. S.P.Raykar, Director, Garware Motors Limited.
Describing their collection of super bikes as ‘luxury on wheels’ Mr. Raykar said the company would be first to introduce a twin-engine 250 cc engine powered bike to be priced at Rs.2.25 lakh. The homologation work is now underway. This twin engine bike is expected to generate excitement among young discerning bikers.
Referring to long history that Garware has, in terms of import of cars during 1930’s and 1940’s, he said that the Rs. 5,000-crore turnover group has a passion for cars and bikes. This venture is an outcome of that passion.
“We are planning to take this association forward and are evaluating the option of launch of electric bikes from Hyosung stable,” he added.
The GT650N has an introductory price of Rs. 3,87,000, GT650 Rs.4,83,000 , GT 650R Rs. 4,83,000 and ST7 at Rs. 5,80,000 (all ex-showroom prices) in Hyderabad.