Just to add to the other advice received, particularly martyn dwanes

, I’d also meant to add that welding Lambretta alloy components has mixed results, in my own experience.
The alloy used often has metals in it that contribute to achieving the excellent die casting results. Unfortunately, that zinc (?) content can cause porosity of the weld. As can any trace of oil that may have been absorbed into the surface.
Then there are the knock on effects that welding can cause. Distortion, stress & the need to machine back spring to mind.
Even in the unlikely event that a wire thread insert will not fix a stripped thread, there are similar ‘oversize’ options that will work. The Acme & Keenserts even offer the advantage of utilising standard
ish taps to create the threaded hole:
Thread inserts.JPG