DAO EV Tech starts joint venture with bicycle maker Avon

News  /   July

Hyderabad, Andhra Pradesh

DAO EV Tech, a ‘Make in India’ dedicated smart electric mobility manufacturing start-up based in Hyderabad, has entered into a strategic agreement with Avon, a leading bicycles manufacturer of India. The strategic agreement between DAO EV Tech and Avon creates a win-win partnership for both companies as they can use each other’s strengths and networks for sourcing and manufacturing excellence.

With DAO EV Tech’s commitment to its customers to provide high quality and reliable electric two wheelers, the company has developed an impressive product line-up with new models to be launched soon.  Avon’s established deep roots in the center of India’s manufacturing community will help DAO access top notch Indian suppliers in the two wheelers industry especially for mechanical components. It will further speed up DAO’s homologation and localization for its high-speed model 703.

Avon has already begun utilising DAO’s global manufacturing approaches and excellence to develop some of their new high speed electric vehicle models. This unique partnership will set new horizons for the coming years and there will be new lessons learnt through co-operation.

Founded by the Pahwa Brothers in the year 1952, Avon today has large production facilities and a growing portfolio of products with over 200 models and over 360 different components for each model. As a pioneer in the Electric Scooter industry, Avon started manufacturing from the year 2007 and established a Pan India network. Avon is the third largest bicycle brand in the country with a legacy of more than 70 years.

Dao EV Tech is a smart electric mobility manufacturing start-up based in Hyderabad aiming to deliver reliable, high quality and innovative products through the ‘Make in India’ initiative with a mission to mature the EV industry in India. It combines global expertise on two fronts, Services and Manufacturing to bring advanced technology and best practices to the EV industry. 

Source: DAO-Avon Press Release

Image Source: DAO-Avon Press Release

Also Read:

https://www.automotiveproductsfinder.com/news/-koda-auto-commences-production-of-new-octavia-in-aurangabad/134414

https://www.automotiveproductsfinder.com/news/china-s-great-wall-motor-wants-80--sales-from-new-energy-vehicles-in-2025/134698

 

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