Leading Chinese EV manufacturer, Sunra, is planning to set up a plant in India.
With petrol prices skyrocketing and air pollution increasing at an exponential rate, the solution to these problems is switching to electric vehicles. The Chinese EV company, Sunra is expecting India to be the world’s biggest market for electric bikes, so the firm is planning to set up its facility in India.
The company has been exporting e-bikes and its spares to 70 other countries including India. The company has already partnered with 16 small firms in Delhi. The engineers from Sunra help these small firms in assembling e-bikes. The company after studying the policies is planning to open their facility in Bangalore. There are six models of Sunra that are being tested under ARAI.
Currently, Sunra makes 20 percent of e-bikes in India and are planning to take the percentage level to 80. Increasing air pollution in major Indian cities and the Prime Minister’s policies to encourage e-vehicles are the major reasons for Sunra to invest in India.
Sunra India
– The company has already partnered with 16 small firms in Delhi
– It is planning to set up a manufacturing facility in Bangalore
– ARAI is testing 6 models of Sunra
Source – FinancialExpress.com