Cricketer Mahendra Singh Dhoni backed electric vehicle company eMotorrad is building South Asia’s largest electric bicycle manufacturing plant. This plant is spread over 2,40,000 square meters in Ravet, Pune. Its first phase will be completed soon and manufacturing will start from August 15. According to the company, once fully operational, it will produce more than 5 lakh bicycles annually. In this Gigafactory of the company, almost all the components used in electric vehicles including batteries, motors, displays and chargers will be produced. The company is also preparing to increase its production range with the new production facility. The company will hire 300 people and will also increase its product range with the new facility. This will also include a new electric bicycle. To increase the capacity in this firm, the company will hire 300 new people. Currently 250 people are working in this factory. The manufacturing facility will be completed in four phases. It was told by the company that the manufacturing facility will be completed in four phases. After completion of all four phases, this will be the largest factory in South Asia built at a single location. Apart from making innovative products, the company will also launch new ones by making necessary transformations in the old products. The company is also focusing on 4.0 standard. Apart from this, the company is also focusing on eMotorad 4.0 standard. Under this, along with adopting smart and modern methods of manufacturing, technically advanced products are manufactured. Additionally, eMotorad is also set to introduce a series of electric vehicles, all of which will be built on upgraded Gen-2 platforms. The trend of e-cycle is increasing rapidly in India. The number of people adopting e-cycle is increasing rapidly in India. According to a recent report by Boston Consulting Group (BCG), one out of every three people driving a two-wheeler in India is looking to shift to a two-wheeler EV. Fuel prices, environmental issues and the government’s focus on this have been held responsible for this.
