Stocks

Will Autolite Industries ride on e-cycles launch?

| Updated on November 27, 2019 Published on November 28, 2019

Autolite Industries, with the technical support of its wholly-owned subsidiary Autoline Design Software, has started production of e-cycles. Kinetic Green Energy and Power Solutions, Pune, will market e-cycles across India, it said. Autoline will use its own existing capacity to manufacture the e-cycles.

Currently, the company has reserved the manufacturing capacity to assemble 9,000 to 10,500 e-cycles a year, which can be expanded to one lakh units, it added.

Published on November 28, 2019
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