EeVe Tesero Latest Updates
The two premium electric two-wheelers are expected to be launched in a few months from now. The Forseti electric scooter is expected to be launched around June or July this year, while the Tesero electric motorcycle is expected to be launched around September. The Forseti electric scooter has a claimed top speed of between 60-70 kmph, while the Tesero electric motorcycle has a top speed of 90-100 kmph. The two electric two-wheelers will be priced under ? 1 lakh, and full specifications will be revealed at the time of launch. Both two-wheelers come with a 5-year warranty on the products, including a 3-year unlimited warranty on the battery.
EeVe is an Odisha-based electric two-wheeler start-up which started operations in October 2019. The company started its R&D operations two years ago, and currently has presence in over 45 cities across North East India, West Bengal, Sikkim, Jharkhand, Odisha, Chattisgarh, Telangana and Andhra Pradesh. More than 1,200 electric two-wheelers have already been sold, and EeVe now intends to expand its footprint to Delhi, Uttar Pradesh, Gujarat and Maharashtra. The company currently has a manufacturing capacity of 12,000 units per annum, and aims to increase it to 50,000-60,000 units in the next two to three years. Initially, ? 70 crore was invested to begin operations, and the management intends to increase the investment to ? 100-150 crore within the next few years.