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GoZero Mobility unveils investment and expansion goals

GoZero Mobility, a British electric bike manufacturer, announced today that it would expand its operations to North-Eastern India, where it will manufacture premium electric bikes and generate over 100 jobs over the next three years, according to a media statement. 

According to the statement, the company also wants to invest $1 million in the North-Eastern region to boost retail flow and set up local assembly units to enable faster/same-day delivery. 

According to the statement, local forces will cooperate with e-bikes for tourism in the area due to the investment. The company’s aim, according to the company, is to give work possibilities for its retailers in Arunachal Pradesh, Assam, Meghalaya, Manipur, Mizoram, Nagaland, and Tripura.

Sumit Ranjan, Co-Founder, GoZero Mobility, said, “India is one the largest 2 wheeler & bicycle market in the world and North Eastern India is a strong market for E-Bikes which so far have remained untapped. We see a significant demand for our products in the region; hence we see this is an appropriate time for us to expand in the North East Market. We anticipate selling 15000 units annually with our presence in the North East.”

The company has also recently launched its new initiative, “Switch,” which has received over 2000 enquiries, indicating that people are willing to switch from traditional bicycles to electric bikes, according to the company.

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BRL Editor
BRL Editor
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