BSA went bankrupt in the 1970s. BSA motorcycles are scheduled to come off the production line in the middle of next year at a production site near the old factory in Small Heath, near Birmingham. Mahindra has said so to British media.
The billionaire is chairman of the major Indian car maker Mahindra Group and owner of BSA’s trademark rights. The businessman first wants to build versions with normal combustion engines, and from the end of 2021 there should also be electric motorcycles from the brand. The company expects to be able to produce more than 10,000 motorcycles per year, creating at least 255 new jobs.
There will be a BSA research facility in Banbury, Oxfordshire. The British government provides more than 5 million euros in subsidy for the electrical BSAs.
Last built in 1973
According to Mahindra, who has an estimated net worth of approximately $ 1.7 billion, the history of the BSA brand should be honored. The last BSA was built in 1973. In the 1950s, BSA was the largest motorcycle manufacturer in the world.
Previously, Harley-Davidson also came with an electric motorcycle, the LiveWire.
The Mahindra Group is the largest producer of tractors in the world and also makes the electric Reva cars and electric rickshaws, among other things.