Drive Electric: KL Group company eRise Electric to launch 5 E-2W models in coming months, Auto News, ET Auto
New Delhi: eRise – Drive Electric, the automotive arm of KL Group, on Tuesday announced its entry into the Indian markets. eRise manufactures long-range, high-performance electric two-wheelers explicitly built for the Indian road conditions.
According to the company, it intends to launch three low-speed electric scooters immediately and two high-speed vehicles in the coming 3 months. The company is planning to sell over 10,000 vehicles this year.
The electric scooters shall be manufactured in the 95,000 sq ft. manufacturing facilities in Rohtak, Haryana– with a capacity to manufacture 30,000 vehicles/year.
The company aims to roll out its electric scooters with its key features focused on safety, a company statement said.
During the first phase, eRise Intends to expand its footprint to 200 plus dealerships across the country at 175 locations.
Puneet Goel, CEO and Co-Founder, eRise – Drive Electric, said, “We are excited to introduce eRise in the Indian markets and build a name for ourselves in the country’s burgeoning electric scooter sector, which has a lot of potential. We look forward to an exciting journey that will influence India’s e-mobility revolution with some interesting launches in the pipeline for the coming months.”
The KL Group has a five-decade strong conglomerate pedigree and an excellent track record of building numerous businesses in India’s Auto, Construction, and PetroChemicals industries, the company statement said.