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Nexzu E-Cycles To Become More Popular – Aims For Massive Expansion
Nexzu Mobility, a leading provider of innovative urban transportation solutions, has unveiled its plan to expand its dealership network by the end of 2024. With the aim of meeting the growing demand for E-cycles, Nexzu intends to expand its current retail network by eight times.
As a five-year-old brand in the EV-cycle category, Nexzu Mobility seeks to establish a network of 10 distributors, each housing 20 dealerships, to foster substantial growth and widespread presence across India. Currently, the company operates with five distributors, each equipped with four dealerships, strategically spread across the nation.
Recognizing the immense potential for the future of E-cycles in India, Chintamani Sardesai, Business Head at Nexzu Mobility, emphasized the growth in the Indian E-cycle market and the company's mission to reintroduce cycling as an enjoyable mode of transportation.
By offering high-quality electric cycles that seamlessly integrate the latest technology, Nexzu aims to enable a more effective mobility ecosystem in India. Nexzu Mobility's network already spans the nation, serving the Southern region with key locations in Bangalore and Chennai.
Nexzu also serves the Eastern region through Kolkata, and the Western region via facilities in Pune and Vadodara. To capitalize on India's increasing demand for EVs, Nexzu Mobility plans to further penetrate the Western and Northern regions while strengthening its foothold in the Southern market.
To cater to both B2B and B2C markets, Nexzu Mobility has engineered three E-cycles: Rompus+, RoadLark, and Bazinga. These indigenously developed products, with a 95% localization rate and in-house developed powertrain systems, are manufactured in Pune.
Established in 2015, Nexzu Mobility strives to be India's largest end-to-end electric mobility solution provider, spearheading the electric mobility revolution with 100% Made-in-India solutions. Founded by Atulya Mittal, the company is dedicated to creating a holistic electric mobility ecosystem, driven by a profound understanding of the need for greener, smarter, and more efficient transportation options.
DriveSpark Thinks
Nexzu Mobility’s expansion plan reflects the significant potential for EV-cycles in India’s transportation landscape. The move aligns with the trend of electric vehicles across the country. By focusing on electric cycles, Nexzu Mobility contributes to promoting sustainable mobility solutions. This initiative encourages eco-friendly transportation options.
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