GoGreen BOV launches ebikes in Karnataka
GoGreen BOV has launched a new range of electric bikes (ebikes) in Bangalore. Kohra, Kimaya, Kavach and Sunnoti are the new ebikes which have been launched.
The Kohra has been designed for school going children. It has a range of 60km and is priced at Rs 38,000.
All these scooters are available in grey, purple, green, orange and red colours
The Kimaya is made for women and people with a closed circuit travel. While it's range is the same as that of the Kohra, it can carry a weight of upto 160 kg. It is available for Rs 47,000.
The Kavach is made specifically for the field workers, who do not have any fixed route of travel. It comes with a 120km range per charge. Its price is Rs 53,000.
The Sunnoti is a multi faceted vehicle with can be used in the delivery segment, or even two people. It is available in two variants with 60 and 100km range and is priced at Rs 44,000 and Rs 59,500 respectively. All prices are on-road, Bangalore. Go GreenBOV gives out franchisees and currently has about 92 dealers across four states in India.
The company aims to sell 2600 ebikes in Karnataka each month
All these scooters are available in grey, purple, green, orange and red colours. The company aims to sell 2600 ebikes in Karnataka each month.
Talking about the future plans, Dhivik Reddy, CEO, GoGreen BOV says, "We have a partner in Korea for manufacturing of our batteries and they have shown great interest in setting up a manufacturing plant in India. A JV would be floated by the end of October '14. We plan to invest around 10 million USD in a 60 acre manufacturing facility which will come up on the outskirts of Bangalore. With batteries being manufactured in India, we are looking at manufacturing at least 80% of our product in Karnataka. This would be one of the biggest investments in Electric Vehicle space in India till date. "
GoGreen BOV ebikes launched in India press release
| GoGreen BOV, a revolutionary leader in the e-bike segment, today introduced its new line of electric bikes in the city. The new line of e-bikes consist of Kohra, an e-bike specifically designed keeping in mind school going children. Range 60 Kms. Price Rs. 38000/- Kimaya, an e-bike made specifically for women and people with a closed circuit travel. Can carry a weight of 160kgs. Range 60 Kms. Price Rs. 47000/- Kavach, made specifically for field workers who would have no fixed route of travel. The only vehicle in India with a 120km range per charge. Price Rs. 53000/- Sunnoti, made specifically for the delivery segment. A multi faceted vehicle which can be converted to carrying loads or for a family of two. Sunnoti comes in two variants (60 Kms range and 100 Kms range), priced at Rs. 44000/- and Rs. 59500/- respectively. Commenting on journey so far, Dhivik Reddy, CEO, GoGreen BOV, said, 'When we started 4 years back, there used to be virtually no market for electric bikes in India. A lot of players in the industry could not sustain themselves mainly because their product was not made for Indian conditions and mindset. We were able to gain a foothold in the market by designing India's first e-bike with a range of 120 Kms per charge. Since inception we have sold over about 14000 vehicles. We currently are selling about 1200 vehicles per month. With the launch of this new line, we expect the demand to go up to 2600 vehicles per month. Elaborating on the market, he said, "50% of our customers are small traders and kirana store owners. These people are small business owners, who need either to travel distances or carry goods for their business needs and are looking to cut down on their rising fuel costs. Next are restaurants that have home delivery service, and then comes the students. They don't need a license up to 18 years and they start buying vehicles at the age of 15, so between 15 to 18 years they don't have any other choice than to buy an electric vehicle. The rest of it is housewives, senior citizens, and office workers." Talking about the future plans, he said, "We have a partner in Korea for manufacturing of our batteries and they have shown great interest in setting up a manufacturing plant in India. A JV would be floated by the end of October '14. We plan to invest around 10 million USD in a 60 acre manufacturing facility which will come up on the outskirts of Bangalore. With batteries being manufactured in India, we are looking at manufacturing at least 80% of our product in Karnataka. This would be one of the biggest investments in Electric Vehicle space in India till date. " GoGreen BOV works closely with universities in Bangalore, Guwathi, Karaikudi and Gandhinagar for technological advancements in storage technology and motor technology. The models are available in orange, red, green, purple and grey colours. | |
