Warivo Motor Enters High-Speed Escooter Market With Launch Of CRX

SUMMARY

The price of Warivo's first high-speed escooter model CRX starts at INR 79,999 and it is available in five colours

ClimaCool technology will ensure CRX’s long-lasting battery performance

The new escooters also come with advanced waterproof, fireproof, and blast-proof batteries

Electric two-wheeler maker Warivo Motor India has entered the high-speed electric scooter category with the launch of CRX, which has a top speed of 55 km per hour.

In a statement on Friday (September 13), Warivo said that the price of its first high-speed escooter model CRX starts at INR 79,999 and it is available in five colours, combining safety, performance, and affordability. The vehicles come with advanced waterproof, fireproof, and blast-proof batteries, the EV maker claimed.

CRX offers two riding modes, Eco and Power, to cater to different riding styles and preferences. With four temperature sensors and a robust battery management system (BMS), the scooter is equipped to prevent overheating and detect potential issues before they arise, it added.

Besides, ClimaCool technology would ensure CRX’s long-lasting battery performance. The scooter’s durability is certified by the UL 2271 standard, Warivo said.

“Our mission has always been to provide safe, sustainable, and affordable transportation for everyone, and the CRX perfectly encapsulates this vision. It’s designed to be a versatile ride, truly fitting for anyone and everyone,” said Rajeev Goel, director of Warivo, speaking at the launch event.

Founded in 2018, Delhi NCR-based Warivo so far sold low-speed scooters.

As per Vahan data, the electric two-wheeler startup’s vehicle registrations stand at 24 in 2024 so far. However, this number most likely refers to Warivo’s ZB escooter, which has the highest speed of 45 km per hour.

Warivo Motor India CEO Shammi Sharma told PTI that the startup’s sales of low-speed scooters have been averaging around 2,000 units per month.

Meanwhile, Goel told the news agency that Warivo is eyeing INR 120 Cr revenue in FY25 as compared to INR 62 Cr in FY24.

Warivo’s entry into the high-speed escooter segment comes on the heels of the Indian government announcing a new demand incentive scheme for EVs with an INR 10,900 Cr outlay. So far, the industry was eagerly waiting for the announcement of a new incentive scheme after the end of FAME-II in March this year, which became a major bottleneck for this industry’s growth.