Birmingham Small Arms Company Ltd or BSA to be brought back to life as an Electric motorcycle company by Business Magnate and the chairperson of the Mahindra Group conglomerate, Mr Anand Mahindra.
During an interview with The Guardian, Indian billionaire Anand Mahindra with net worth is $1.7 billion said he plans to resurrect Birmingham Small Arms (BSA). He further added “The UK was the leader in bikes right from the start. That provenance is something that we really want to retain.”
Founded in 1861 to manufacture guns at Small Heath, which later turned to bicycles and followed by motorcycles. Birmingham Small Arms became one of the top motorcycle manufacturers in the world during the late 1940s. Unfortunately, it went bankrupt and had to shut down production in the 1970s.
After his statement, BSA gets £4.6m grant to develop electric bikes from the UK government and is expected for creating a minimum of 255 jobs. BSA now plans to build a research and development facility for electric motorbike tech in Small Heath from where the company originally originated, as the Project Head Anupam Thareja said.
The company plans to sell these bike ranging from £5,000 (~Rs. 4,93,223) to £10,000 (~Rs. 9,86,447) as of now.