Okaya Group enters electric two-wheeler biz; launches two scooters

News  /   July

Mumbai, Maharashtra

Okaya Power Group, the energy storage solutions provider, has announced its entry into the electric two-wheeler business with the launch of electric scooters. The company has also announced plans to set up three new two-wheeler manufacturing plants in Neemrana (Rajasthan) by 2023-25.

Okaya EV launched two variants – AvionIQ series and ClassIQ series. The scooters are equipped with the required technologies to manage the increasing volatility of Indian power conditions. The electric two-wheelers will be available across the country in a price range of Rs 39,999 to Rs 60,000.

The company will also be setting up two experience centres in Delhi and Jaipur.

Okaya EV believes that battery, electronics and software are essential for e-scooters. Okaya addresses the lack of availability of good quality spares and services, proper infrastructure and finances, and the petrol scooter background of the entrants.

The company already has a two-wheeler manufacturing plant in Baddi (Himachal Pradesh) and will start another facility in Haryana.

Okaya has been present in battery manufacturing for over three decades combining Microtek’s electronics excellence of 35 years and Okaya Infocom’s software experience of 19 years. It has been supplying EV batteries since 2016-17; EV chargers and charging stations since 2019, making it a key player in India's mission to create EV charging infrastructure.

Source – ET Auto

Image Source: Okaya EV Website 

Also Read:

https://www.automotiveproductsfinder.com/technical-articles/evtric-motors-to-invest-rs-1-bn-in-india--unveil-new-electric-scooter/134731

https://www.automotiveproductsfinder.com/news/ampere-announces-price-cut-for-electric-scooters-with-fame-ii-subsidy/134669

https://www.automotiveproductsfinder.com/news/okinawa-autotech-to-invest-rs-1-5-bn-in-product-portfolio-expansion/134527

 

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