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September 15, 2024 8:02 PM IST

Electric Vehicles | Two-wheelers | Scooter | Warivo Motors

New players emerge as India’s EV two-wheeler market expands

India’s electric vehicle (EV) two-wheeler market is witnessing a surge in competition as the government rolls out incentives for the production and purchase of EVs. A wave of new entrants is now challenging established players to secure a share of this fast-growing segment. One such newcomer is Warivo Motors, based in Gurgaon, Haryana.

Warivo Motors, which aims to compete with major brands like Ola, TVS, and Ather, has established a production facility in Haryana’s Sirsa district. Rajiv Goel, Director of Warivo Motors, said that the company is focused on producing electric scooters designed to meet “current climate needs and mobility challenges.”

Recently, Warivo introduced its first high-speed electric scooter, the CRX. The company’s press release described the CRX as an “advanced e-scooter offering best-in-class features at a competitive price, making it ideal for a wide range of riders.” The CRX is priced starting at Rs 79,999, positioning it as an affordable option in the burgeoning EV market.

The scooter boasts a range of features, including a spacious 42-litre boot, mobile charging ports, a high load capacity of 150 kg, and advanced safety features. These safety measures include a waterproof, fireproof, and blast-proof battery equipped with four temperature sensors and a robust battery management system. Warivo aims to target a broad customer base, offering features typically found in more expensive models from other manufacturers.

Shammi Sharma, CEO of Warivo Motors, described the CRX as “everyone’s ride.” He said, “Whether you’re a professional seeking a dependable commute, a student in search of an affordable and stylish option, or a parent looking for a safe way to transport your children, the CRX offers a solution.”

With strong government backing for the electric mobility transition, Goel expressed optimism about Warivo’s growth prospects. He pointed out that there were no regulatory hurdles in setting up the company’s production facility and highlighted the need for better financing options to further support the adoption of EVs.

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Last updated on: 21st December 2024