In a remarkable achievement, domestic premium electric cycle brand EMotorad has surged ahead in the market, boasting an impressive growth rate of over 370% in India for the fiscal year 2024. Since its inception in 2020, EMotorad has rapidly expanded its footprint, amassing a global customer base exceeding 100,000.
With 12 experience stores established in major cities and a network of over 350 dealers across India, the brand has solidified its position as the market leader, signaling continued growth. Bolstered by a production capacity of more than 100,000 e-cycles annually and the recent acquisition of cricket legend MS Dhoni as both a brand ambassador and investor, EMotorad is poised for further expansion.
The unveiling of the latest addition to its lineup, the Doodle v3 in the Desire range, featuring a robust 13Ah battery, a 250W high-performance motor, and an impressive range of over 60 km, underscores the company’s commitment to manufacturing premium electric cycles that redefine commuting.
Thousands of positive testimonials from satisfied customers affirm India’s readiness for the EV transition and its embrace of value-driven products. EMotorad’s workforce has also grown substantially, with over 250 employees and additional contract laborers contributing to its success.
Founder and Director Rajib Gangopadhay attributes EMotorad’s rapid growth to market response and product acceptance both domestically and internationally.
Meanwhile, Co-founder & CEO Kunal Gupta lauds the dedication of the team and the unwavering support of customers, expressing pride in the brand’s achievements and optimism for the future.
With a steadfast focus on customer satisfaction and a commitment to delivering premium electric cycles, EMotorad is at the forefront of revolutionizing commuting habits. As the brand charts its course for the future, it is evident that EMotorad not only leads the market but also spearheads innovation in the electric cycle industry, driving towards a greener and more sustainable tomorrow
