The company has been launching average 30-40 EV dealership stores every month especially post-pandemic as the demand for eco-friendly and affordable mobility solutions significantly increased.
Established in February 2018, e-Ashwa Automotive has expanded its business into multiple categories within electric vehicles and now sells a wide range of vehicles in both electric 2-wheelers and electric 3-wheelers.
From e-scooters, e-rickshaw, e-auto to e-loaders, the company has been steadily growing and catering to the changing market needs.
Speaking on this milestone, Vikas Gupta, Founder & CEO, e-Ashwa Automotive Private Limited, said, “While we reached our 100 dealership stores in close to 2 years, it took us just 2 months for the next 100 stores. We opened the first dealer store in August 2019, 100th store in June 2021 and 200th store in September 2021 on the eve of World EV Day 2021. This shows the significant demand shift towards electric vehicles due to favorable government schemes towards eco-friendly and sustainable mobility solutions.”
“As we strive to make electric vehicles more affordable and accessible to the masses, it is heartening to see the response from both B2B and B2C customers for our wide range of EV products. Our vision is to provide smooth last-mile connectivity to people and small businesses and contribute to the government’s mission of making India the EV hub of the world,” added Gupta.
Speaking on the context to World EV Day 2021 Vikas Gupta added that “With growing Co2 emission and rising ownership cost of conventional vehicles following surging fuel cost, the adoption of EV vehicles is gaining in momentum. In fact, it is being seen as a viable and sustainable option in the mid to long term. With encouraging central policies like FAME II and state government level EV schemes, electric vehicles will be the future of mobility accessible by the masses. We, at e-Ashwa Automotive, are supporting the government’s mission to electrify India and helping auto drivers and small businesses with better livelihood options through electric rickshaws and consumers through affordable e-scooters. On this World EV Day, we pledge to contribute to make India the EV hub of the world.”
e-Ashwa Automotive started its manufacturing facility in June 2019 and launched its first dealership store in August 2019. Today it has a presence in 19 states and focuses on catering to the masses and small businesses with its affordable yet high-quality products in both electric 2-wheelers and 3-wheelers and thereby generating employment opportunities for the people at the bottom of the pyramid. It has assembly units in all 19 states to support the local dealers to fast track and fulfill customer demand in a short span of time.