EVTRIC Motors Launched in India To Make Electric Bikes, Scooters, Three-Wheelers
About EVTRIC Motors
Founded in 2020 by Manoj Patil, Founder and Managing Director, EVTRIC, EVTRIC is one of the startup EV automotive brands with its head office in Pune. It has been launched by PAPL, an Indian automation company involved in the business of manufacturing and integrating various turnkey automation projects. EVTRIC MOTORS is led and managed by experienced industrialists who have more than 20 years of involvement in the automobile sector. The company is under process for approval of FAME 2. It is a 100% Indian Electric Automotive Manufacturing Company with a focus on “Make in India”.
PAPL Launched EVTRIC Motors
Indian automation company PAPL has launched EVTRIC Motors. This is a new venture started in the electric vehicle world, which will work towards meeting the electric vehicle needs of Indian customers. PAPL is one of the earliest manufacturers of line automation equipment, conveyors, robots, mechanical/control design, and simulation.
Investment Of Around Rs 100 Crore
This 100% Indian electric automotive manufacturing venture has been launched with an emphasis on ‘Make in India’. EVTRIC Motors has announced an investment of around Rs 100 crore in a phased manner.
This 100% Indian electric automotive manufacturing venture has been launched with an emphasis on ‘Make in India’. EVTRIC Motors has announced an investment of around Rs 100 crore in a phased manner. The company will work towards providing its customers with the best range of EV products including Electric Scooters, Cycles, Electric Bikes, Electric 3 Wheelers.
At present, where many companies have entered the electric vehicle space, the level of localization is still low. In order to take the e-mobility mission forward, Indian manufacturers will have to foray into this space. EVTRIC has set up an in-house R&D team to better know and design to suit the needs of the Indian customers.
Commenting on the launch of the brand, Manoj Patil, Managing Director, and Founder, EVtric said, “Government is continuously working towards promoting EV adoption in India both in terms of its localization. There is a dire need for experience and infrastructure to accelerate the usage. With its decade of experience in Automation and Manufacturing in the Automobile Sector, PAPL can contribute to a large extent. At EVTRIC, we aim to provide Indian customers with better products at competitive prices. Providing and promoting localization to contribute to the e-mobility vision.
The brand has established its manufacturing plant in Chakan-Pune and has implemented high-end automation processes to maintain quality and time efficiency. The plant has a capacity to produce 1.5 lakh units every year. EVTRIC has already started adding dealers and as part of its initial expansion plan by the end of FY 2021-22 in Maharashtra, Gujarat, Tamil Nadu, Andhra, Telangana, Kerala, Karnataka, Delhi-NCR, Uttar Pradesh, Madhya Pradesh, Committed to making its presence felt in Odisha and West Bengal.