Gemopai Electric Scooters has planned to make a significant impact on the two-wheeler market with its aggressive expansion plans.
With impressive YoY growth in the last three years from 2019 to 2021 of 500%, 200%, and 500%, respectively, the company is now looking to expand its presence in every city and town across India and Nepal.
Because of the company’s strong domestic sales, the total net profit of Gemopai is likely to exceed the forecasts.
Gemopai’s electric two-wheeler has received a positive response from every corner of the country. States like Kerala, Karnataka, Tamil Nadu, Rajasthan and U.P in India have become significant markets for Gemopai due to the high rate of EV adoption and growing acceptance of affordable electric two-wheelers.
Furthermore, to achieve the ambitious goal of selling 1,00,000 electric two-wheelers by the end of 2023, Gemopai plans to deploy 300 dealerships this year across different locations across the country with a 3S configuration, which includes the standard industry practices for sales, service, and spare parts.
All authorized dealerships will provide these services, ensuring customers receive the best possible experience.
Commenting on the need for electric two-wheelers, Amit Raj Singh, Managing Director and Co-Founder of Gemopai, said, “Our mission is to make electric mobility accessible to all, equipped with best-in-class features at an affordable price point. We at Gemopai are committed to creating affordable, high-quality e-scooters that cater to the needs of the masses. By leveraging the latest technology and innovative design, we aim to provide our customers with a sustainable and eco-friendly mode of transportation that is both affordable and reliable.”
“We have recently rolled out our new model Ryder SuperMax, which is loaded with features and offers the customers value for their money. We have also strategically invested in the infrastructure required to support it. We have been expanding rapidly to fulfill the demand for our electric two-wheelers and have some exciting plans in the next quarter,” he further added.
Following extensive research and development, the Noida-based company is also looking to expand with many new launches in a range of price points and user groups. Over the upcoming quarter, three new models are projected to debut.
Notably, the electric two-wheeler manufacturer recently unveiled its latest offering, the Ryder SuperMax electric scooter, an upgraded version of its low-speed predecessor, the Ryder. The Ryder SuperMax comes with advanced features designed to deliver an exceptional riding experience at an affordable cost. The company recently inaugurated its first exclusive dealership in Goa, thus catering to the increasing demand for two-wheelers in the commercial segment.
Gemopai is committed to providing 360° electric mobility solutions in India, making EVs accessible to everyone.