Evolet, an electric vehicle startup is expanding it base in India by launching stylish motorcycle and scooter models and by opening dealerships all over India.
Evolet, an electric vehicle startup based at Gurugram is planning to expand it base by opening over 100 dealerships in India by March 2020. The company has opened it flagship showroom in Maharashtra and have finalized dealerships in the states of Maharashtra, Telangana, Tamil Nadu, Gujarat, Madhya Pradesh, Uttar Pradesh, Bihar, Punjab, Chandigarh, Haryana, Rajasthan besides Nepal and Bangladesh.
Brand Evolet, along with its range of models were recently launched at Delhi on 4th September, 2019 with subsequent opening up of its flagship showroom at Gurugram. The Prices of Evolet models; Polo, Pony, Derby (scooters), Falcon, Hawk, Raptor (motorcycles) range between Rs 44,000 to Rs 1,40,000; the Warrior (ATV) is priced at Rs 1,50,000 and the buses range between Rs 1.25 Cr to Rs 1.75 Cr. These models are fully equipped with advanced features such as IOT enabled mob app; giving riders information on battery health, charging status, and security tracking on the phone using GPS besides reliability and mileage. Efficient after sales service, quick availability of spare parts, and light weight swappable batteries (available in Lithium ion) are Evolet’s topmost strategies for ensuring high customer satisfaction.
“In line with our objective to establish a nationwide presence, our electric-scooter venture, Evolet aims to open 100 plus dealerships across India by March, 2020. The electric scooter market is hotting up in the India’s second largest two wheeler market, with government giving push in the right direction for scalability of cleaner transport policy. Further technological advancements, investments in infrastructure and increasing consumer awareness are driving EV adoption in India. The electric vehicle industry comprises just 1% of the total vehicle sales and is dominated by two-wheeler segment in Maharashtra. This presents a good business opportunity for those who want to open electric two wheeler showrooms,”said Sqn. Ldr. Prerana Chaturvedi, Executive Director & CEO, Evolet while opening the flagship store in Maharasthra.
Evolet has also identified key exports markets within Asia Pacific and the middle east and plans to start exporting of its products by 2020.
Evolet is a highly advanced enterprise specializing in vehicle designing and R&D with manpower strength of around 200 employees. It is making investments in phased manner and have allocated budget of approx. INR 150 crores for its two wheeler division and INR 300 crores for the E-Bus division to support its pan India operations and production.
Evolet manufacturing facilities are situated in Haryana, Hyderabad and Chennai offering 13 products in various segments. Its Bilaspur, Haryana facility has a built-up area of 1.4 lac sq.ft with manufacturing capacity of 3.5 lakh two-wheelers per annum.
The Hyderabad and Chennai facility too are fully-equipped to produce 1500 buses per annum and is spread in an area of over 2 lakh sq. ft. Chennai based AMS Electric Mobility Pvt. Ltd. is the chief engineering and design house of Evolet’s electric buses and holds ARAI certification and homologation under its name. The electric buses are being manufactured jointly by AMS Electric Mobility and Rissala Electric Motors for catering to the requirements of various government agencies and corporates.