Power Electric Vehicles

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Power Electric Vehicles
IndustryElectric Vehicles
Founded2021
FounderSameer Reddy
Number of locations
10
Key people
  • Sameer Reddy- founder and CEO
  • Suraksha reddy- CFO
  • Bheemeshwar reddy- Managing director
ProductsP-sport and P-sport+
Websitepowerelectricvehicles.co.in

Power Electric Vehicles is an Andhra Pradesh-based electric two-wheeler startup best known for its longest-range electric motorcycles. The company aims to accelerate India’s transition to sustainable energy with the launch of its two bike models[1].

History

Power Electric Vehicles was launched in 2021 by Sameer Reddy, a businessman whose family has been in the automobile industry for more than 15 years[2]. Based in Kakinada, the company aims to create street-smart and futuristic electric motorcycles. The objective behind Power Electric Vehicles is to manufacture an eco-friendly and budget-friendly electric bike that is way better than the traditional bikes and has many additional features with a sporty look[3].

Platform

Power Electric Vehicles intends to establish outlets across Andhra Pradesh and Telangana in the first phase. The company later plans to expand its dealership presence across India[4].

Services and products

Power Electric Vehicles has launched two bike models with different attributes. Its P-Sport electric motorcycle comes with a range of 150 km and 210 km variants. The P-Sport has a top speed of 85 km/h and a battery capacity of 4.3 kWh, which is optimal for the Indian driving conditions[5].

The Power EV 72V – 40/60Ah lithium battery is removable, which takes about three hours to get fully charged. Its battery is equipped with air-cooled technology and also comes with a battery swapping facility[6]. The bike model is offered in three driving modes: Eco, Standard, and Turbo.

Power electric vehicles come with self-diagnosis technology and user-friendly integration. It also has a personalized mobile application to track battery health at all times. The company provides free services for a year and also plans to set up fast charging points in different spots in the city[7].

Funding

Power Electric Vehicles is a bootstrapped initiative and has not gained any funding from external investors.

References

  1. Bytes, Hindustan (28 June 2022). "Power Electric Vehicles Launching its First Electric Motorcycle P-Sport with a Range of 210km". Hindustan Bytes. Retrieved 7 October 2022.
  2. "Longest Range Electric Bikes | Most durable electric bikes | Power Electric Vehicles". powerelectricvehicles.co.in. 19 January 2022. Retrieved 7 October 2022.
  3. "SAI SAMEER POWER ELECTRIC VEHICLES PRIVATE LIMITED - Company Profile, Directors, Revenue & More". Tofler. 19 January 2022. Retrieved 7 October 2022.
  4. "SAI SAMEER POWER ELECTRIC VEHICLES PRIVATE LIMITED - Company, directors and contact details | Zauba Corp". www.zaubacorp.com. 19 January 2022. Retrieved 7 October 2022.
  5. "SAI SAMEER POWER ELECTRIC VEHICLES PRIVATE LIMITED - Company, directors and contact details | Zauba Corp". www.zaubacorp.com. 19 January 2022. Retrieved 7 October 2022.
  6. "Sai Sameer Power Electric Vehicles Private Limited Vijayawada Andhra Pradesh Company Overview". www.99corporates.com. 19 January 2022. Retrieved 7 October 2022.
  7. "Sai Sameer Power Electric Vehicles Private Limited Company Director Infor". MyCorporateInfo. 19 January 2022. Retrieved 7 October 2022.

External Link