Mumbai: Okaya Electric Vehicle announced on Friday that it launched the Faast high-speed electric scooter at an introductory price of Rs 89,999 (before subsidies) during the EV Expo 21 held in Greater Noida. The company has also announced the opening of reservations with an initial payment of Rs 1,999 through the Okaya EV website or at dealerships, it said in a statement.
Additionally, Okaya also introduced its upcoming Ferrato electric motorcycle, which is expected to launch in the second quarter of FY22.
The IoT-enabled e-scooter offers a top speed of 60-70 km/h and a range of 150-200 km per charge, depending on usage. It comes with features and specifications such as a 4.4kW lithium phosphate battery, all LED lights, digital instrument cluster, daytime running lights and a combined braking system, the company said.
“Okaya is fully dedicated to realizing the vision of making India a 100% EV nation. With the launch of our Okaya Faast, we have shown our renewed commitment to delivering innovative, low-cost yet high-performance e-scooters for accelerate the adoption of electric vehicles in the country,” said Anil Gupta, Managing Director of Okaya Power Group.
Okaya has already become a key player in this segment, creating much-needed fast-charging infrastructure for these electric scooters, he added.
Faast, with its specs and performance features, has managed to hit the sweetest point in the market, directly challenging its gasoline scooter counterparts, the company said.
“Leading by example with products that are completely made in India instead of simply assembled in India, Okaya has become a leader in the electric scooter segment across the country.
“With our exclusive Okaya Faast e-scooters, we are targeting the massive market demand for high-performance electric vehicles in line with changing consumer preferences,” said Anshul Gupta, Director of Okaya Power Private Limited.
The company also said that in addition to working on introducing high-quality electric two-wheelers, it is also on its way to becoming the fastest growing national electric vehicle brand, having developed more than 225 dealerships. across India within about six months of its inception.
“As the country’s energy fleet rapidly shifts to electric mode, the demand for electric vehicles is strong, and as a result, the demand for fast-charging and affordable electric scooters is also increasing.
“We look forward to capturing the bulk of the emerging demand in the market, while delivering on our commitment to our valued customers by providing them with state-of-the-art Okaya Faast electric scooters,” said Puran Singh Negi, AVP, Okaya EV.
Equipped with a 2 kilowatt motor and a 3 kilowatt battery, the Ferrato motorcycle to be launched will have a top speed of 80 to 90 km/h while having a range of up to 100 km on a charge, depending on the company. PTI IAS BAL BAL BAL

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