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This electric two-wheelers startup plans to expand electric fleet to 1 lakh bikes by 2026 [Read More]
Update / Judgement Date
18 Jun 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
eBikeGo, a startup specializing in electric vehicle rental services, has announced ambitious plans to expand its fleet of electric two-wheelers to 100,000 units by the conclusion of the financial year 2025-26. Founded in 2019, eBikeGo currently operates a fleet of over 3,000 e-bikes. \r
In an official statement, the company emphasized its rapid growth trajectory and outlined its strategic expansion strategy. It aims to extend its market presence from seven major metropolitan cities to include smaller and medium-sized cities across India. \r
This expansion is anticipated to bolster eBikeGo's market footprint significantly, catering to the growing demand in the electric mobility sector.