Hero and Ultra Part ways

As per the following news article, Hero Group and the Ultra Motoros from UK have parted ways.

Ultra is planning to launch its electric vehicles under its own brand name.
It also plans to bring out motorcycles !!! These motor cycles plan to see the light of the day by next fiscal year.

I, for one, would be eagerly awaiting the launch of better electric vehicles... I have started putting aside money for my electric vehicle... :). I have already decided. My next 2 wheeler will be an electric vehicle and my next 4 wheeler would most probably be a hybrid car (electric + fuel cell + ethenol). I will wait till I get the hybrid car of my choice.

I plan to wait for another year for my electric 2-wheeler. By that time even Hero, TVS would have come out with their models. There would be more competition and clarity about the electric vehicles by that time...

For more informaiton on Ultra's vehicles one can log onto:
http://www.ultramotor.co.uk/India/index.aspx


There is an india centric website for electric vehicles where one can have a look at various electric models in the indian market
http://www.evfuture.com/



Regarding news clip of Ultra parting with hero, you can look at the following news items:
http://www.bike-eu.com/news/2796/hero-and-ultra-motor-parted-ways.html
http://www.ultramotor.co.uk/userfiles/News_11042008_252_151.jpg
http://www.ultramotor.co.uk/userfiles/News_11042008_25_150.jpg
(all 3 links have the same news Item.. I know I know :). Just wanted to give more choice of sites in case one of them is down)