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Nov 05, 2023

One Electric launches 3 EV models for B2B market in India

Image: One Electric One Electric announced the launch of two electric

Image: One Electric

One Electric announced the launch of two electric motorcycles and one electric scooter model which are completely designed, developed and made in India with design patents pending. The company claims to be the first to develop and launch multiple indigenous electric two-wheeler models in India.

These three models will be sold in volume for India and African markets, while the company is starting its initial market research & testing in South East Asia, Americas and Europe.", said Gaurav Uppal, CEO, One Electric.

"Along with these 3 models, we are also coming out with a low speed model for short distance deliveries under 5 km, priced under Rs 39,000/- with an 80 Km range and 25 kmph top speed. Customers and B2B companies from around the world can now register their interest on our website.", he added.

"Based on our market data, our products are suitable for other international markets as is, or with drive train modifications, for example in Europe where the speed is limited to under 60 kmph in central parts of major cities, our XR model is ideal for last mile delivery operations. Furthermore, our V2 and Sport models are also a good option for Americas and Europe.", Uppal added.

"However, for the South East Asian markets, we will require our bigger power train to be integrated on this same platform with top speed of 80 Kmph.", he said.

Abhijeet Shah, COO One Electric said, "For USA and Europe we are also working on a bigger motor power options of upto 10 Kwh, to provide 65 Miles Per Hour continuous speed option. However we plan our major focus on drive trains under 5kw power , and the 10 Kw will see limited push."

The companies flagship electric motorcycle, KRIDN, is already in B2B operations in India and multiple countries in Africa. With the addition of XR model and low speed model, their B2B portfolio expands to cover lower priced segments as well.

Gaurav Uppal said that the company is planning to work with select B2B partners in India for their commercial operations and have very selected dealers for the consumer segment in the coming year.

"For our global operations we are in process of finding suitable partners who share similar core values to represent us in different countries.", he added.

"These 4 models complete our portfolio to cover large market segments across the globe and now our focus is to build the highest quality products and scale operations. This is in line with our vision of becoming a global player by 2025," said Shah.

The company will be hosting a launch and demo day for the Media, select B2B companies and dealers in July 2023.

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