HomeAutoEllysium Automotives launches EV two-wheeler brand EVeium in India

Ellysium Automotives launches EV two-wheeler brand EVeium in India

Most Read

META4 Group’s auto brand, Ellysium Automotives has announced the launch of ‘EVeium’ an electric vehicle (EV) two-wheeler brand in India.

“The brand will launch three electric scooters within one month, which will be Made-in-India brand, with all scooters of EVeium manufactured at the META4 group’s Voltly Energy manufacturing plant,” the statement said.

- Advertisement -

Voltly Energy recently signed an MOU with Telangana Government to acquire a 15-acre land in Zaheerabad, Telangana to set up the manufacturing unit dedicatedly to electric vehicles. The brand has plans to invest over INR 250 cr to set up the plant which will be functional by the end of this fiscal year.

Speaking on the launch, Muzammil Riaz, Group CEO of META4 Group said, “We aim to build quality-driven EVs at affordable rates for Indian customers under the Fame2 approvals set by the Indian regulatory authority. Many electric vehicle brands in the market are launching products that only contributed to the negative image of electric vehicles. With a professional and skilled team, we are ready to reform the Indian minds on that riding a safe and confident EV feels like.”

“EVeium has started onboarding dealers and is determined to have its presence in Maharashtra, Gujrat, Tamil Nadu, Andhra Pradesh, Telangana, Kerala, Karnataka, Delhi- NCR, Uttar Pradesh, Madhya Pradesh, Odisha, and West Bengal by the end of fiscal 2022-23 as a part of its initial expansion plan,” the brand further added.

Commenting on the development, Aditya Reddy, Vice President for Sales & Marketing at EVeium said, “With global fuel price inflation and increased environmental protection awareness, launching our own e-Mobility brand EVeium in India is a strategist’s dream. We are introducing 3 electric scooters keeping in mind the country’s value positioning and mobility competition. Also, we intend to make a complete Made-in-India product which will help the brand control quality and technology as per the requirements of the Indian customers.”

Subscribe To Morning Newsletters

Sign up to receive the latest news stories, exclusive interviews, and more in your inbox.

We don’t spam! Read our privacy policy for more info.

Editor's Pick

Krishna Mali
Krishna Mali
Founder, CEO & Group Editor of TechGraph.

Read More Stories

SKF Showcases Intelligent & Clean Solutions for the Textile Industry at International Textile Machinery Exhibition (ITME) 2022

SKF India, the country's leading technology and solutions provider of bearings and services will showcase innovative products and solutions...

OneRare and Cornitos: Bringing the Magic of Cornitos to the Foodverse

Cornitos is a leader in the Snack category and has always strived to give its fans and patrons the...

Chitkara University Signs MoU with NEC Corporation India to Transform Learning in the Field of AI/ML

Chitkara University announced its collaboration with NEC Corporation India, a wholly owned subsidiary of NEC Corporation, for a comprehensive...

Role of skills-based hiring in promoting inclusive economic growth in India

In recent years, India's employment landscape has experienced a profound shift, with an increasing emphasis on skills-based hiring. This...

Data Insights into Action: Techwave CEO Raj Gummadapu On Tech-Driven Approach to Business Empowerment

In an interview with TechGraph, Raj Gummadapu, Co-Founder & CEO of Techwave discussed the company's nuanced approach to Digital...

VTION Digital Appoints Srividya TN to Drive Growth & Strategic Business Development Partnerships

VTION Digital, a leading consumer behaviour measurement & analytics company, is proud to announce the appointment of Ms Srividya...