The overall E2W market to witness sales of 67 lakh vehicles annually by FY2027. As per these estimations, the CAGR of E2W sales from FY2022 to FY2027 is expected to be about 60.5%. This translates to E2W accounting for more than 38% of the overall 2W sales by FY2027 against the current share of 5%.
ENERGY DISTRIBUTION AND MOBILITY SOLUTION
With an overall journey since 2017 , European EV company is looking forward to provide the energy distribution solution to their existing clients as well as providing zero capex electric mobility solution for Ecommerce space to synchronize the existing business model.
MOBILITY SOLUTIONS
1. In a strategic partnership with an European group, they’re planning to launch E bikes for Indian market.
2. We are also becoming a global distribution management for the European bikes with contract manufacturing local support.
3. E-bikes for ecommerce , daily commute and off-roader categories.
4. Swapping/charging stations for EV batteries. Agreement signed with oil companies.