Now this Indian company’s EV bike will make a splash in Middle East and Africa too, will export 50000 units
Auto News Desk – Electric motorcycle manufacturing company Pure EV will now sell its products not only in India but also abroad. The company will export its two models to the Middle East and Africa. For this, the company has entered into a strategic partnership with Arva Electric. The company is a subsidiary of Clarion Investments LLC. This partnership will provide sustainable mobility solutions and increase sales and distribution of electric motorcycles in countries like the Middle East and Africa.
These models will be exported
PURE EV has partnered with Arva Electric and under this partnership the company will export 50000 units of its flagship bike in the initial phase. The company will export its flagship models like Ecodrift and eTrist X to the Middle East and Africa. This work will be done in the next 2 years. However, the company said that after this initial phase the number of units will be increased to 60000. Speaking on the occasion, Nishant Dongri, Founder and Managing Director of the company, said that our commitment towards user experience and innovation ensures that we are delivering market-ready offerings and meeting the growing demand for electric mobility.
Electric two wheeler market share will increase in UAE
The CAGR of the UAE electric two wheeler market is estimated to be 9.11 percent during 2024-2031. It was $29.97 million in the year 2023, which will increase to $60.19 million in the year 2031. It is believed that in the coming time, there may be good demand in the electric two wheeler market in UAE.
All intellectual property rights related to the motorcycles will be retained by Pure EV to protect the proprietary technologies as they expand their market penetration. Notably, Pure EV motorcycles are believed to be the only Indian electric motorcycles to be included in the Middle East after proper approval for operation. The government is also planning to offer various incentives and subsidies for the purchase and sale of electric vehicles.