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Pune-based EV producer EVTRIC Motors and Mumbai-based battery manufacturer Neuron Energy have announced their alliance. According to the agreement, Neuron Energy would supply 12000 battery packs annually through this alliance, earning around Rs. 50 crores in income. This long-term, strategic partnership will be able to satisfy all of EVTRIC Motors' battery pack requirements. EVTRIC will receive complete holistic service support from Neuron Energy.
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Even with growing worries about battery safety, India's electric two-wheeler market saw significant growth in August. This suggests that consumer awareness of the environment is rising, as is the demand for electric vehicles. According to predictions, the market for electric two-wheelers would account for a whopping 78% of all sales of two-wheelers by 2030. The required government infrastructure, legislation, support, and consumer acceptance of EVs will speed up adoption furthermore.
Pratik Kamdar, Co-Founder of Neuron Energy, commented on the partnership, "Neuron Energy has always been customer-driven, and we hope to help the nation adopt electric vehicles throughout the two-, three-, and four-wheeler (LMV, HMV) segments. Our partnership with EVTRIC will enable us to reach a larger audience and broaden the scope of our solutions. Our batteries are secure and have undergone extensive testing, and we make sure to offer after-sales service support in case there is a discrepancy to prevent any unfavorable situations. We believe that by working together, we can convince more people to switch from traditional two-wheelers to electric vehicles, significantly lowering our carbon footprint and paving the way for a cleaner future."
Recently, EVTRIC Motors introduced EVTRIC Rise, the company's first e-motorcycle at Rs 1.60 lakh in India. It began reservations for the recently-released electric motorcycle, which demands a Rs 5,000 deposit. The bike was introduced at EVTRIC Motors dealers' conference in Rajasthan.
