Mahindra & Mahindra (M&M), which recently bought Kinetic Motors in 2008, has announced that it will enter in all the popular Indian two-wheeler segments market soon.
Presently with only 2 popular four wheeler models viz. Scorpio and Xylo (and less popular Renault Logan and Bolero), this seems to be a wise decision.
The company is expected to unveil its models in the 100cc, 125cc and 150cc motorcycle segments, and also in the ungeared low and high-powered scooter segments.

Anand Mahindra, vice-chairman and managing director, M&M, has been quoted as saying, "Our two-wheeler project is complete; we have already begun marketing the fleet in Bangalore."
The company is expected to unveil models in the 100cc, 125cc and 150cc motorcycle segments, and also in the ungeared low and high-powered scooter segments.
M&M will use the technical expertise of Engines Engineering to develop small yet powerful and fuel-efficient engines for motorcycles. The company is said to be working on a 650cc-750cc petro-fired engine, with Engines Engineering.

Raser Technologies (recently added to NYSE-listed companies) which has been building electric motors and developing geothermal electric plants since 2003 is converting these heavy-weight SUVs into a range-extended electric vehicle good for 100 mpg and a range of 40 miles.
Higginson, chairman of Raser Technologies Inc. was at the New York Stock Exchange in New York Friday to display a hybrid version of the Hummer H3, the General Motors Corp.
Hummer well known for it's low fuel efficient engine, is promised to improve by many fold by this new technology. The hybrid Hummer is propelled by an electric motor, built by Raser, which is connected to a four-speed automatic transmission. Power comes from a Raser-built generator that is recharged by a gasoline engine.
With a 90 mph top speed, off-road capability and a lithium ion-battery that's rechargeable in as little as three hours, the SUV is ready to give mileage of more than 100 miles (161 kilometers) per gallon when driven as much as 40 miles a day and can travel 40 miles on electrical power alone. While a 2008 Hummer H3 gets 14 MPG in the city and 18 MPG on the highway, according to the Environmental Protection Agency.
California Gov. Arnold Schwarzenegger, who owns two Hummers converted to run on hydrogen and biofuels, praised the vehicle at the SAE International World Congress last month, the Detroit News reported.
Although officially not declared, but according to a car-buying Web site Edmunds.com, hybrid Hummer would likely cost about $12,000 to $15,000 more than a gasoline-only model, which has an average listing price of about $33,000.

[via DesertNews]