AlphaVector (India) Pvt. Ltd., the parent company of Ninety One Cycles, has achieved a remarkable milestone, selling over 3 million bicycles since its inception. This includes a record-breaking 440,000 units sold in 2024 alone. The company has witnessed extraordinary growth, with sales surging over 100% in states like Uttar Pradesh, Bihar, Chhattisgarh, Odisha, and Jharkhand, where demand for reliable and aspirational mobility solutions continues to rise.
Building on its robust growth, AlphaVector is now set to expand into the electric vehicle (EV) segment with the introduction of low-speed electric two-wheelers, marking a significant step in its vision to revolutionize mobility in India.
Pioneering Mobility Solutions
Ninety One Cycles has rapidly emerged as one of India’s leading active lifestyle and mobility brands. Its diverse product portfolio includes mountain bikes, fat-tire bikes, hybrid bikes, and electric bicycles, catering to urban youth, fitness enthusiasts, and rural commuters alike. The brand’s stronghold in states like Maharashtra, Gujarat, Tamil Nadu, and Karnataka reflects the growing popularity of cycling for fitness and commuting purposes.
“With 3 million bicycles sold, this milestone is a testament to the trust our customers place in us,” said Mr. Sachin Chopra, Co-founder & CEO of AlphaVector. “Our unwavering focus on superior design, advanced engineering, and affordability drives us forward as we expand into the low-speed two-wheeler EV segment. We are committed to revolutionizing mobility through innovation and making sustainable transportation accessible to all.”
Strategic Entry into Electric Mobility
AlphaVector’s foray into low-speed electric two-wheelers builds on its four-year experience in the electric bicycle market. The move aims to address the evolving mobility needs of its broad customer base, including urban and rural commuters, fitness enthusiasts, and eco-conscious families.
The introduction of low-speed e-scooters is particularly timely, as infrastructure development in Tier 2, 3, and 4 cities makes EVs a viable and cost-effective transportation option. With its robust distribution network and D2C (direct-to-consumer) strategy, AlphaVector is well-positioned to deliver affordable, reliable, and innovative electric mobility solutions.
Empowering Sustainable Mobility
Ninety One Cycles has leveraged its 91CARES program and an omnichannel approach to enhance customer experience. With over 1,000 retail stores in 500 cities, the company ensures seamless assembly, servicing, and post-purchase support. This personalized approach has fueled customer satisfaction and loyalty, paving the way for success in the burgeoning EV market.
As the low-speed electric two-wheeler segment gains traction, AlphaVector’s expansion aligns with its mission to empower India’s diverse communities with sustainable and aspirational mobility solutions, bridging the gap between conventional and electric transportation options.
