Power Electric Vehicles, which is into manufacturing of electrical bikes, is planning to broaden its distribution community to succeed in out to extra prospects within the nation.
“Since we started deliveries from January, 2023, we had opened over 10 dealerships in more than 4 states and the expansion plan is to open over 50 dealerships by the end of this year,” stated Sai Sameer Reddy, founder & CEO Power Electric Vehicles Ltd.
He stated the corporate would introduce one new mannequin yearly and in addition to continuously upgrading the prevailing fashions.
Currently, it’s assembling and promoting two electrical bike fashions specifically P-Sport with a variety of 150 kms and P- Sport+ with a variety of 210 km, priced at ₹1,45,000 and ₹1,75,000 respectively.
It is having an meeting plant of 45,000 sq ft which is able to assembling 4 to six bikes each hour, Mr. Reddy stated, including the P-Sport vary would endure loads of upgrades in software program and {hardware} within the coming years.
“We are a team of engineers who wanted to prove that driving electric bikes is much more fun than vehicles run on traditional fuel,” Mr. Reddy stated.
