One Electric forays into Africa, targets 3000 units for exports


09/07/2021

No Comments

Restricted

NEW DELHI
New Delhi-based One Electric has forayed into the African continent announcing that deliveries and registrations of their flagship electric motorcycle, KRIDN®, have commenced in Kenya, with four more African countries to open soon.  CEO, One Electric, Gaurav Uppal said, “We have designed the ‘KRIDN’ for tough road conditions, heavy loading and high temperatures, which answers the needs of African, Indian and South American markets. We are probably the first Indian EV two-wheeler company, to design, build, manufacture and export our EVs to Africa.” In kenya, motorcycles taxis called Boda-Bodas that run on petrol are an important part of the transport system. Many are Indian brands such as TVS, Yamaha and Bajaj but in recent years, a slew of Chinese brands have entered the market.  After Africa, it plans to enter the European and South American market in 2022.  “Keeping export markets at par with India is a strategic decision we have taken based on a global vision for the KRIDN. One of the reasons is lower price point resistance. However more importantly, we believe that having a bigger market base globally, will help us grow at a  faster rate, in terms of both numbers and product evolution. Our first year target for exports

This article is exclusively for premium members. Unlock access to Hundreds of in-depth automobile articles by upgrading to Premium today!


view Premium plans