I've found an item which may be of interest to the group. A UK based designer of hub motors. They've teamed up with Hero Cycles of India to produce electric bikes. The price will be 15-20K Rupees (£175-£230) in India. I bet that if they ever get sold in the UK the price will be double or triple that though.
Links:
Ultra Motor Company
Indiainfoline.com
Paul
Links:
Ultra Motor Company
Indiainfoline.com
Paul