The company will invest US$1 million over the next 3 years
Delhi. British electric bike company Gojiro Mobility is planning to expand into the markets of North East India. The company plans to invest US$1 million over the next 3 years and provide over 100 jobs to the North East market. The company has chalked out an aggressive plan keeping in view the growing popularity of clean vehicles in the North East markets. The proposed investment will be for setting up of a large retail network and local assembly units in the area. This will create the capability to enable same day delivery by making e-bikes faster and create new jobs in the sector.
15000 units expected to be sold
Sumit Ranjan, Co-Founder, Gojiro Mobility said that India is the largest two wheeler and cycle market in the world and North East India is a strong market for e-bikes which has remained untouched for e-bikes till now. We see significant demand for our products in this region and this is the right time for us to expand into the North East market. We expect to sell 15000 units annually with our presence in the Northeast.
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We also aim to provide job opportunities to the local people with the proposed investment which will be towards enabling GoZero ebike retailers shops in seven partner states namely Arunachal Pradesh, Assam, Meghalaya, Manipur, Mizoram, Nagaland and Tripura Because brands in these states are seeing a lot of demand for EVs. The new investment by the company will enable local entrepreneurs to partner for e-bikes as tourism in the region is creating a lucrative opportunity and demand for e-bikes. Gojiro Mobility will also focus on promotion among delivery people.
Environment friendly and trendy medium
Gozero Mobility provides convenient, environment friendly and trendy mode of transport. In addition, the use of GoZero Mobility e-bikes as an eco-friendly and efficient solution for travel, rising fuel costs, and increasing interest in cycling as a fitness and recreational activity are the key reasons. The company has recently launched its new initiative ‘Switch’ which has been running successfully for a month and has already received over 2000 inquiries for the exchange. Consumers want to leave their traditional cycles and switch to GoZero e-bikes. GoZero Mobility has a strong intention to introduce best performing e-bikes and to be a green medium for transportation.