EV startup OnEv plans to introduce 500 electric 3-wheelers and 100 electric passenger 4-wheelers in current financial year
New Delhi (India), April 15: Kissan Mobility Pvt. Ltd. (OnEv), a start-up based out of NCR, founded by Mr. Kamlesh Kaushik and Team, plans to introduce 500 more EV L5 3-Wheelers and 100 EV passenger 4-Wheelers in the current financial year 2024-25, with a plan to scale it up to 2000 EVs within two years. [...]
New Delhi (India), April 15: Kissan Mobility Pvt. Ltd. (OnEv), a start-up based out of NCR, founded by Mr. Kamlesh Kaushik and Team, plans to introduce 500 more EV L5 3-Wheelers and 100 EV passenger 4-Wheelers in the current financial year 2024-25, with a plan to scale it up to 2000 EVs within two years. This announcement is part of the company’s first year anniversary celebration. As part of its 1st anniversary, OnEv not only plans to introduce these vehicles in Delhi-NCR and Chandigarh but also expand its operations to tier-II cities, villages and rural areas of Punjab, Uttar Pradesh, Haryana, Rajasthan and Chhattisgarh.
OnEv started its operation from Delhi-NCR in 2023 with 3 EV L5 auto and reached to 300 within a year covering Delhi-NCR and Punjab. OnEv has partnered with EV OEM’s like OSM, Piaggio, Euler, Greaves, Graveol, Tata Ace to procure the vehicles and leasing partners to get the vehicles on lease. The company has changed the lifestyle of the driver partner’s by increasing their financial earning per month i.e. a driver driving vehicles for OnEv earns around INR 50-60 thousand per month as compared to their earning earlier which was around INR 17-18 thousand. The company has also strengthened its manpower from 2 last year to over 50 people currently.
Speaking on 1-year milestones and introduction of new vehicles, Kamlesh Kaushik, Founder & CEO, OnEv, said, “As successfully completing one year of operations, we are now aggressively looking at expanding our innovative product offerings and markets in the next 2-3 years’ time. Due to environment-friendly, affordability and favourable government policy, electric vehicles have seen tremendous growth, however, there is immense potential for EV in rural areas and villages due to limited penetration by EV players. We aim to expand and strengthened rural areas and villages of key North Indian states like Punjab, Uttar Pradesh, Haryana, Rajasthan and Chhattisgarh to fulfil their transportation through our wide range of electric vehicles including innovative EV based agricultural solutions to support farmers of the country.”