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.
This press release was orginally distributed by SBWire
Edison, NJ (SBWIRE) 12/28/2020 An extensive elaboration of the Electric Bikes market strategy of the industry players in the precision of import/export consumption, supply and demand. The study starts with an introduction about the company/manufacturers profiling stating strategic concept behind business using methods to assess and analyze market. It also describes Electric Bikes player/manufacturers strategy in the light of Porters, Value Chain & SWOT analysis, and based on that recommendation on players is derived like Electrotherm (India) Limited, Ampere Vehicles Private Limited, Ather Energy Private Limited, Avon Cycles Limited, Hero Electric Vehicles Private Limited, Lohia Auto Private Limited, NDS Eco Motors Private Limited , Okinawa Autotech Private Limited , Tork Motors Private Limited, Tunwal E-Bike India Private Limited.