Mahindra two-wheeler after re-entering in the motorcycle space of the country announced that they are in the final stage of testing their upcoming premium motorcycle Mahindra Mojo 300. Viren Popli, Mahindra and Mahindra Executive Vice-President, said, "Right now we are undertaking some final tests before launching it in the market." This statement is an indication that the company will launch the bike anytime soon. Mahindra recently launched the re-badge version of its commuter bike Stallio christened as Mahindra Pantero 110. Mr. Popli revealed that the engine of this motorcycle has been designed at the research and development centre at Pune, set up at a cost of Rs 100 crore.
The bike will feature a 300cc-single cylinder, four stroke, fuel injected motor, which operates on a 4 valve-DOHC layout and cranks out the maximum power of 25bhp. The engine is mated to a 5-speed manual gearbox, which transfer power to the rear wheel through a chain drive. The bike's suspension and brakes has been designed to do heavy duties as it is a sports bike, the suspension of the bike comes in the form of upside down front forks and a monoshock layout at the rear. While, the bike�s wheels come shod with chunky tyres and disc brakes on both wheels.
While unveiling the company's latest 110cc motorcycles Mahindra Centuro and Pantero in Tamilnadu market, Anoop Mathur, the President of Mahindra and Mahindra Two Wheelers, said, "the company wants to become a player of substance with the launch. The two motorcycles were designed at Pune R&D facility." Admitting that M&M was a late entrant in the crowded two-wheeler market,he said they have been steadily increasing market share after the launch of scooters.
He also added that the company plan to launch three more scooter variants before the end of this year. "Hopefully we should have three more variants coming this year", he said. The company currently manufactures its two-wheelers in Pithampur facility. Popli replied in the affirmative when asked whether the company was looking for exports of its motorcycles, saying some markets would be South Africa, Latin America and South East Asia. "Already we are exporting our scooters to some overseas markets. We will stretch it further", he said.
The bike is expected to cost Rs. 2 lakhs which means the bike will compete with the likes of HondaCBR250R, Kawasaki Ninja 250R and upcoming KTM Duke 390.
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