Business News | US-Based EV Company Nikolaelektric Otomobil Gears Up to Step Foot in Indian Market
Get latest articles and stories on Business at LatestLY. US-based electric vehicles startup "Nikolaelektric Otomobil" is all set to target Indian EV market and is preparing to launch its first premium electric motorcycle at the end of January 2022.
New Delhi [India], January 5 (ANI/TPT): US-based electric vehicles startup "Nikolaelektric Otomobil" is all set to target Indian EV market and is preparing to launch its first premium electric motorcycle at the end of January 2022.
Nikolelektric has already set up its subsidiary in India with intent to make India as a central distribution hub to cover Asian Region.
Also Read | Rajasthan Shocker: 32-Year-Old Woman Gang-Raped by Two Near LPG Godown in Dausa; Accused Absconding.
Currently, the company is aggressively working on developing a dealer network across PAN India. Nikolaelektric has been working on strategies to build a global motorcycle brand and sustain a premium product line while keeping it pocket-friendly for its customers.
Talking about the current market situation, the CTO of the brand, Christopher Emery said, "Technology is always evolving, and with its exponential expansion, we have a lot to look forward to in the market today. The electric vehicle industry in India is picking pace with 100% FDI possible, new manufacturing hubs, and increased push to improve charging infrastructure. Regardless of the country's ambitious targets, India's EV space is at a nascent stage. However, looking at it differently - India offers the world's largest untapped market, especially in the two-wheeler segment. Considering the same, with our plans to scale the Indian Market, we are envisioning to bridge this gap in the market, giving a tough competition to all our competitors with mindful and innovative strategies in place."
With their effective and hardworking team, they are manufacturing high-quality products with innovation in the same. Nikolaelektric with its approach is redefining the automobile industry and introducing some unique products in the market.
The company is focused on building a solid business that will leave customers and partners enjoying the benefits of leading-edge technology and a globally recognized brand. Nikolaelektric Otomobil will continue to build a global brand while attaining leadership in the electric motorcycle industry.
This story is provided by TPT. ANI will not be responsible in any way for the content of this article. (ANI/TPT)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)