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Avera set to open ₹50-cr e-scooter plant in AP

V Rishi Kumar Hyderabad | Updated on June 08, 2018 Published on June 08, 2018

To launch two models in August

Avera New and Renewable Energy Moto Corp Tech, a start-up company, is set to launch two new battery-powered electric scooters from its upcoming plant located at Nunna about 18 km from Amaravati in Andhra Pradesh.

While the initial roll out will offer two models, including a sporty one, the company plans to roll out three more models by early next year, which will include two electric motorcycles.

Avera is promoted by the diversified Chandana Group, known for its textile retail and jewellery chains in the Telugu States.

A Venkata Ramana, Co-Founder and Chief Technology Officer, said: “The ₹50-crore plant is coming up on a 63-acre site where a 1.8-km testing track is being set up. Initially, we will use up about 10 acre site and later expand.”

Venkata Ramana told BusinessLine that, “The manufacturing plant with an initial capacity to manufacture 25,000 units, will be managed by an all-women team and headed by Akula Chandini Chandana.”

“Apart from rolling out scooters, which will have a range of about 140 km with two battery packs or a 70-km range single battery pack unit, we are also in the process of setting up solar-powered electric vehicle charging stations, and have set up one in Amaravati,” he said.

These Lithium Ion Phosphate batteries, sourced from leading manufacturers, will be assembled into battery packs with in-house developed management system and deployed in these vehicles.

“Typically, we expect them to work for 2,500 to 3,000 charging cycles, equivalent to five years of use,” he said. “After roll out in some select cities in August, we expect to introduce three more models including motorcycles by early next year, to be amongst the first to launch battery power motorcycles,” he said.

Venkata Ramana, who had earlier co-founded a technology firm Face Map, which focusses on facial technologies, along with co-founder of Continental Coffee, said Avera was keen to supply these scooters to e-commerce last mile service providers.

“At Avera, we believe the EV industry is gradually getting into a phase where it will see greater acceptance. As States announced policies, and the much expected Central policy is announced, we will have huge opportunity,” he said.

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Published on June 08, 2018
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