highlights
These scooters are based on swapping technology.
Preparing to launch 1 lakh scooters.
500 changing stations will be installed by the end of this year.
New Delhi. Due to the launch of River Indy, Ola, Ather and Hero MotoCorp have now struggled as Bajaj has also stunned all three companies. Yulu and Bajaj Auto launched their two electric scooters, Miracle Jia and Dex GR, on Monday. Both companies claim that the scooter was made with Indian road conditions and the user in mind. Yulu said these two scooters, which are offered by Bajaj Chetak Technology Limited, a Bajaj subsidiary, will receive technical support from Yulu. However, both scooters are made by Bajaj.
Amit Gupta, co-founder and CEO of Yulu, said that given the mobility needs, traditional models proved to be imperfect for people. With this launch, we will further strengthen our position as the market leader in shared mobility. According to Yulu, they doubled their fleet in three months.
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Now the company’s goal is to launch more than 1 lakh two-wheelers in the cities of the country. According to the company, these two-wheelers will be manufactured at the Bajaj plant. This will reduce costs and increase revenue tenfold by the end of this year. On the other hand, according to Bajaj, its electric mobility will prove to be a milestone for this category. According to S Ravikumar, Chief Business Development Officer, Bajaj Auto Limited, the partnership with Yulu is part of a major strategy to move forward in the electric segment.
replaceable battery
Both Yulu scooters are based on replaceable battery technology. They were made on the basis of Yuma Energy Source. Around 100 Yuma stations are currently established in Bengaluru, Mumbai and Delhi and work is underway to increase their number to over 500 by 2024.
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Tags: car news, bike news, electric scooter
FIRST RELEASED : February 28, 2023 11:41 am IST
