THE UNITED STATES Department of Transportation has given Bangalore-based EKO vehicle Pvt. Ltd. approval to export its electric scooter EV 60 to the US market, according to published reports.
EKO chairman Anil Ananthakrishna told The Hindu News Update Service the company will sell 10,000 units annually, mainly to food chains and smaller metros. He had finalized two U.S. distribution channels for EV 60, which will be priced between $1,500 and $1,800. EKO has also set up warehouse infrastructure in Atlanta, he said.
"Getting the Department of Transport's approval is like a green card [for the scooters]. We can now export the two-wheelers to the U.S. markets without any hurdle," Ananthakrishna said. Shipments should begin in January and the company is mulling the option of floating a subsidiary in the U.S.
The battery-operated EV 60, promoted as the most economically priced L2 category scooter, goes 35 mph. Ananthakrishna said the company sees good potential to sell them in smaller metros, for short-range use and as "off-road" two-wheelers.