LML announced that 50 dealers have been signed up in India as part of its initial phase of expansion prior to the launch of its electric two-wheeler Star.
According to the company, over 100 LML exclusive dealers pan India is the targets for the second phase in expanding the dealership network.
It stated that the expansion was planned and strategized on the Dealer-owned dealer operated (DODO model).
LML stated that it aims to increase the growth of the electric mobility industry through its niche and premium products. It also said that the brand is currently focusing its efforts on creating a strong ecosystem of EV channel partners throughout the country.
The EV market has seen tremendous growth and will continue to boom in the future. LML’s MD & CEO Yogesh Bhatia stated that LML is determined to accelerate the EV Revolution by acquiring the right dealers with a futuristic vision of making EVs mainstream throughout the country.