Commenting on the launch, Ms. Kanchi Patel, Co-founder of Abzo Motors, said, “We are extremely delighted to launch our first e-bike – VS 01. Electric bikes are the future of the automobile industry and Gujarat is gradually emerging as a hub for manufacturing electric vehicles including both two-wheelers and four-wheelers. Therefore, our home ground Gujarat was a natural choice as it provides us with a familiar environment, a wholesome ecosystem for automobile manufacturing, and valuable insights for manufacturing, testing, and launching our products.”
“Abzo e-bikes will be launched in a phased manner across India through a dealer network. We aim at broadening our presence in Gujarat and diversifying our product line by adding more products including 2nd bike category - standard bike,” Ms Patel further stated.
The e-bike is certified by the Automobile Research Association of India (ARAI), which speaks of its highest level of quality benchmarks.
Incorporated in 2019, Abzo Motors extensively invested in research and development of its new product. Today, the company has a manufacturing plant along Kadi-Thol Road in Rangpurda on the outskirts of Ahmedabad, which is spread across 17,069 square meters, with assembly lines and testing facilities for dyno tests to measure force, torque, and power of the vehicle.
Abzo Motors' manufacturing plant will commence with a production capacity of 9,000 units in the first year, with a planned expansion to 15,000 units in the second year, 24,000 units in the third year, 40,000 units in the fourth year, and 60,000 units in the fifth year.