GREATER NOIDA: Startup Emflux Motors today showcased at the Auto Expo the prototype of its electric sports bike Emflux One , which is slated to hit Indian roads in April 2019.The Emflux One is powered by a 9.7kWh Lithium-ion battery and can go up to a maximum speed of 200 km/hour.Emflux Motors, set up in 2016, is also looking at raising USD 5 million funding in the next few months to fuel its expansion plans. "We are a team of 25 young engineers and designers. The pre-production prototype showcased here will hit Indian roads in April 2019. "Since we aren't looking at large-scale production, the assembly will be done locally. We plan to produce 199 units of Emflux One for Indian market and another 300 for exports," Emflux Motors co-founder and chief designer Vinay Raj Somashekar said.Mittal said the company is in talks with various investors to raise about USD 5 million in funding.He added the funding will help the company in its expansion plans and is expected to be closed by June this year.

Source: Economic Times February 08, 2018 12:00 UTC