Hero is introducing new products with "leading german technology" and lithium batteries. Although they state they have only a cycle life of 1500 cycles I am wondering if they are using Electrovaya/Litarion batteries. I wonder if this might be one of the deals that will be announced during the India trade mission by Wynne.http://www.autocarpro.in/news-national/hero-electric-introduces-scooter-lithium-ion-technology-electric-tipper-10278 Again in their financials there has been no income from India so it makes you wonder because we know they worked a long time with Hero and at one point used their batteries. We will find out soon enough.

With the suggestion from StarWind5 of a new factory.....

With an upcoming trade mission to India......

Makes one wonder what is over the horizon.