Jitendra New EV Tech To Provide 12,000 Electric Scooters To FAE Bikes

Jitendra New EV Tech

Jitendra New EV Tech, a Nasik-based EV manufacturer, announced that it will provide 12,000 JMT 1000-3K electric scooters worth Rs 120 crore to logistics company FAE Bikes under a deal.

FAE Bikes will lease these scooters to potential EV buyers, who must take a test run before purchasing one in the cities including Delhi-NCR, Bengaluru, and Hyderabad.

JMT 1000-3K is equipped with a 1000-W motor and a 3.12 kWh lithium battery. It claims it can run up to 126 km on one charge, with a speed of 52 km per hour.

Samkit Shah, the co-founder of Jitendra New EV Tech, stated that they view this deal not only as a strategic business transaction but also as an opportunity for EVs to be more accessible to a wider audience.

The company offers a range of 10 electric two-wheeler models that can be purchased through a network of 150 touchpoints across India.

Around 40 electric scooters belonging to the corporation caught fire in April after being transported from their manufacturing facility in a container. This prompted the company to launch an investigation into the incident.

ALSO READ  India And US Collaborate To Introduce 10,000 Electric Buses Across Indian Cities

FAE Bikes partners with several home logistics companies to facilitate door-to-door providers using its fleet of e–scooters.

FAE Bikes co-founder Nigam Krishna stated, “This deal is a crucial step for FAE Bikes’ endeavour to expand its offerings to a wider customer base and boosts our goal of driving increased EV use in India.”

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.