Pure EV currently has dealers at 100 locations in 20 states in India and has launched its products in Nepal with more export markets to be added in the near future. More details on his latest electric scooter here!
The Pure EV startup incubated by IIT Hyderabad has announced the launch of its new high-speed electric scooter called Etrance Neo. Said model will launch in India on December 1, 2020 and the company claims higher pickup and longer range with it. Pure EV’s Etrance Neo can sprint from 0-40 km / h in 5 seconds and has a patented 2,500 Wh battery that delivers 120 km on a single charge in Eco mode. The company has also announced the price of the product and indicates that the Etrance Neo will be launched at the ex-showroom price of Rs 75,999. Pure EV had raised funds in 2019 for a valuation of $ 35 million and owns a factory. of 70,000 square feet with a manufacturing capacity of 2,000 EV per month as well as a battery production capacity of 10 MWh per month.
Pure EV currently has dealers at 100 locations in 20 Indian states and has launched its products in Nepal with other export markets to be added in the near future. Speaking on the launch of Pure EV’s Etrance Neo, Rohit Vadera, co-founder and CEO of Pure EV Startup, said the new model features better aerodynamic characteristics for further improvements in powertrain efficiency. He adds that the vehicle has a faster pickup and longer range and is being launched primarily targeting young people who will find this model very appealing.
Vadera also said the company aims to sell 10,000 units of this model in the first year alone and that the new model will first be available in Hyderabad and will be available in India at the brand’s outlets in India from mid-December 2020. Pure EV says it is on track to significantly expand its manufacturing base to a larger facility with an annual capacity of 2 lakh EV and a battery manufacturing capacity of 5 GWh compared to existing capacities of 20,000 EV and 0.5 GWh. Pure EV says this will be achieved at a new 2 lakh square foot manufacturing facility that the company intends to commission in 2021 to meet the expected growth in India’s electric vehicle and lithium battery market.
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