Highlights
The company plans to sell 1 lakh units in the next fiscal year
The Okinawa Dual B2B electric two-wheeler was launched at Rs. 58,998
Okinawa Autotech is planning to invest Rs 150 crore for a new manufacturing facility in India. According to a report from PTI, the electric two-wheeler manufacturer will be investing the amount for setting up a new manufacturing unit in Rajasthan. The same unit will be used in rolling out new products as it plans to sell 1 lakh units in the next fiscal year. The company recently launched the Okinawa Dual B2B electric two-wheeler which is priced at ₹ 58,998 that is targeted to the delivery sector. It expects sales to account for around 20 per cent of its total sales from the segment.