EMotorad, a leading manufacturer of electric cycles, has announced plans to expand its production capabilities by establishing an electric cycle gigafactory in Pune. Spanning an impressive 240,000 SqFt in phase 1, this state-of-the-art facility is set to commence operations in August 2024.
The focus will be on manufacturing Giga components, including batteries, motors, displays, and chargers. With an initial capacity of 500,000 electric cycles annually, the gigafactory aims to cater to both domestic and international demand.
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EMotorad has revealed plans for the construction of its electric cycle gigafactory in four phases. Phase 1 construction is scheduled to commence in August 2024.
The company proudly announced a remarkable 370% domestic growth last year, solidifying its position as the largest exporter of electric cycles from India.
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