Can EMotorad's Gigafactory Transform India’s E-Bike Sector?
World’s Largest E-Bike Gigafactory
EMotorad is building the world’s largest e-bike gigafactory in India, with plans to produce 550K units annually, marking a major milestone in the Indian EV industry.
Rising Market Demand
With India’s e-bike market projected to hit $60.9 Mn by 2029, EMotorad is poised to lead, driven by strong domestic and global demand for electric cycles.
Rapid Growth Since 2020
EMotorad, founded in 2020, reached INR 144 Cr in FY24 revenue. Despite early losses, the startup aims for profitability by July 2025.
In-House Production Advantage
EMotorad's in-house production of key components ensures supply chain control and supports its rapid growth, distinguishing it from competitors.
B2B Success, B2C Expansion
In FY24, EMotorad’s B2B sales drove 70% of revenue. The startup is now focusing on expanding its B2C operations across India and abroad.
Future Mobility Vision
With its gigafactory and new products, EMotorad is set to transform two-wheeler mobility in India, including developing a smart bike app for enhanced user experience.
How This E-Bike Startup Raced To INR 100 Cr Revenue By Redefining Micromobility