Ultra Motors barred from selling e-bikes
As separation pangs hit the electric vehicle joint venture between Hero Group and Ultra Motors, the Delhi High Court has restrained the UK-based firm from selling competing electric two-wheelers for a period of 180 days starting April 23. Responding to a petition filed by Hero Cycles, which sought to restrain Ultra Motors India Ltd (UMIL) from selling electric vehicles and kits in India, a high court Bench restrained UMIL "from offering for sale or attempting to market any products defined in the agreement' for the period.