Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jan, 02 2019

Avan Motors to introduce one electric scooter every 6 months

It will introduce these electric scooters in the market at a price range of Rs 45,000-80,000. 

Avan Motors to introduce one electric scooter every 6 months

Avan Motors, the startup electric scooter maker, is planning to launch one new product every six months beginning from this year. It will introduce these electric scooters in the market at a price range of Rs 45,000-80,000.  The company eyes total sales of around one lakh units within three years.

Hridesh Thakur, COO of Avan Motors, said, "In the year 2019 we have a plan to sell around 25,000 units pan India and in the coming 2-3 years we are targeting to sell one lakh per annum depending upon the market." 

Recently, Avan Motors showcased its six electric scooters equipped with lithium-ion batteries with a top speed of up to 45 kmph. 

"We have a plan of introducing one new product in every six months in the price range of Rs 45,000 to Rs 80,000," Thakur added.

He further stated, "The company has in-house R&D team for product development and also has collaboration with global technology providers from the UK and Europe to focus on futuristic and innovative products."

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Started in 2008, Wellness Forever – a venture of Mumbai..
    Locations looking for expansion Haryana
    Establishment year 2008
    Franchising Launch Date 2020
    Investment size Rs. 50lac - 1 Cr.
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Laundry & Dry Cleaning
    About Us: INSTAWASH Laundry uses IPSO Machines, which are the best..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Courier & Delivery
    oneday courier service  We value our core principles and ethics with..
    Locations looking for expansion Gujarat
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 10000 - 50000
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Surat Gujarat
  • Electric Vehicles
    E-Trio is an EV company with a vision to be..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2020
    Investment size Rs. 30lac - 50lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities