Key points
- One Electric has launched three new electric motorcycles and one electric scooter.
- The new models are designed, developed, and made in India.
- Targeting the bike taxi, last-mile delivery, and affordable city commuter segments with these new models.
- The company plans to sell these new models in volume in Indian and African markets.
- The company is also starting its initial market research and testing in Southeast Asia, the Americas, and Europe.
- One Electric is one of the leading companies in the Indian electric motorcycle market.
- The company has a strong track record of innovation and quality.
- With the launch of these new models, One Electric is well-positioned to become a global player in the electric motorcycle sector.
Details
One Electric, an Indian company, recently introduced two electric motorcycles and one electric scooter model, all designed, developed, and manufactured in India. The company claims to be the first to launch multiple indigenous electric two-wheel models in India. The primary focus of these new electric motorcycles is on bike taxis, last-mile deliveries, and affordable city commuting.
While the company plans to sell these three models in large volumes in India and African markets, they are also conducting market research and testing in Southeast Asia, the Americas, and Europe. They believe their products are suitable for international markets as they are or with drive train modifications.
XR Model
For example, their XR model, with a top speed of under 60 kmph, is ideal for last-mile delivery operations in European cities where speed limits are restricted. On the other hand, they are developing a bigger powertrain with an 80 kmph top speed for the Southeast Asian markets. The company also believes its V2 and Sport models are suitable for the Americas and Europe.
In addition to the announced models, One Electric is working on a low-speed model designed for short-distance deliveries under 5 km, priced under Rs 39,000, with an 80 km range and a top speed of 25 kmph. The company is inviting customers and B2B companies worldwide to register their interest on its website.
KRIDN
The company’s flagship electric motorcycle, the KRIDN, is already in B2B operations in India and multiple African countries. With the introduction of the XR model and the low-speed model, their B2B portfolio now covers lower-priced segments as well.
One Electric plans to collaborate with select B2B partners and establish a limited number of dealers for the consumer segment in India. For their global operations, they are actively seeking suitable partners who share similar core values to represent them in different countries.
The company also aims to build high-quality products and scale their operations to become a global player by 2025. They believe Indian companies like theirs, with their experience, technical knowledge, and skilled personnel, are well-positioned to lead the electric motorcycle sector in other parts of the world, leveraging the growing demand and their ability to meet it in significant volumes.
Conclusion
One Electric, an Indian company, has taken a significant step in the electric motorcycle market by launching two electric motorcycles and one electric scooter model. These vehicles are designed, developed, and manufactured in India, with a focus on bike taxis, last-mile deliveries, and affordable city commuting.
The company’s entry into the market with indigenous electric two-wheel models positions them as pioneers in India. They are also expanding their reach to international markets, including Southeast Asia, the Americas, and Europe, by conducting market research and testing. They believe their products can cater to various international markets as is or with specific drive train modifications to meet local requirements.
Target
One Electric is not only targeting high-speed models but also addressing the demand for low-speed and short-distance delivery vehicles. By offering a low-speed model with a budget-friendly price and an adequate range, they aim to capture a larger customer base.
With their existing B2B operations in India and African countries, along with the addition of new models, One Electric is expanding its portfolio to cover a wider range of market segments. They plan to collaborate with select B2B partners in India and establish a limited number of dealers for the consumer segment. Globally, they are seeking like-minded partners to represent their brand in different countries.
Quality products
By focusing on quality products and scaling its operations, One Electric aims to become a global player in the electric motorcycle market by 2025. They are well-positioned to leverage their experience, technical expertise, and skilled workforce to lead the transition to electric motorcycles not only in India but also in other parts of the world.
Overall, the company’s expansion into international markets and its commitment to providing electric two-wheelers for various market segments showcase the growing demand and potential for Indian companies to drive the shift towards electric vehicles on a global scale.
