Ellysium Automotives, the automotive company of META4 Group of UAE launches a new electric two-wheeler company in India, ‘EVeium.’ The company will launch three new electric scooters in the country by July 2022. EVeium will also manufacture electric bicycles and electric bikes.
EVeium will manufacture electric vehicles in India at the Upcoming facility of Voltly Energy in Telangana. Voltly Energy recently signed an agreement with the Government of Telangana to acquire land for an EV manufacturing unit.
“With global fuel price inflation and increased environmental protection awareness, launching our own e-mobility brand EVeium in India is a strategist’s dream. We are introducing three electric scooters keeping in mind the country’s value positioning and mobility competition,” said Aditya Reddy, Vice President for sales and marketing at EVeium.
“The brand has plans to invest over Rs 250 crore to set up the plant, which will be functional by the end of this fiscal year. To be able to drive the e-mobility mission with the Indian Government Panchamrit vision Ellysium Automotives has launched the 100 per cent Indian electric vehicle venture,” the company said.
“We aim to build quality-driven EVs at affordable rates for Indian customers in accordance with the Fame-II approvals set by the Indian regulatory authority. With a professional and skilled team, we are ready to reform the Indian minds on what riding a safe and confident EV feels like,” said Muzammil Riaz, Group CEO, META4.
The company will sell the products in Andhra Pradesh, Delhi-NCR, Gujarat, Maharashtra, Madhya Pradesh, Odisha, Kerala, Karnataka, Telangana, Tamil Nadu, Uttar Pradesh, and West Bengal.
Recently, Ellysium Automotives ended its association with One Moto in India. The company will offer features like Digi locker, geo-fencing, nearest EV charging station location, and others.