iVOOMi Energy is planning to release another electric scooter in March. The company also plans to capture 5% of the total two-wheeler market by the end of 2025.
Currently, iVOOMi Energy only focuses on Maharashtra but wants to expand to other states that includes, 50 dealers in West India and 150 in South India by April 2022 which will grow its network of dealer by 3 times.
“Thanks to the state government’s optimistic and robust stance on EV adoption, Maharashtra has quickly become a hub for EV deployment, with substantial demand coming in from Tier 2 and Tier 3 cities. With our indigenously designed and manufactured electric scooters, iVOOMi continues to play a critical role in the mass adoption of EVs in the state,” said Sunil Bansal, Managing Director & Co-founder, iVOOMi Energy.
“Additionally, we are quite excited about making an impact in the Indian EV ecosystem as we expand our reach across many more cities and states this year. Our vision is beyond EVs as we strive to capture 5% market share by 2025.”, he added.
The company also will deploy 500 MW capacity of power by 2025 to reduce the carbon footprints. As of now, the company has two electric scooter models, Eco and CITY. Once charged, the e-scooter can run up to 100 km.
