Twenty Two Motors and KYMCO joint venture is planning to set up a manufacturing facility in Bhiwadi in Haryana. The project involves setting up of a production facility with a capacity of 200,000 units per year.
It may be noted that, the company has recently launched three products in premium maxi scooter segment for the Indian market including its electric two-wheeler offering – the iFlow priced at Rs 90,000 (ex-showroom Delhi). The other two models Like200 and the X-Town 300i ABS are priced at Rs 1.3 lakh and Rs 2.3 lakh respectively.
Company Profile : Twenty Two Motors Pvt Ltd