'YOSpeed' makes record with 4000 pieces sold in 1st month of launch

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Ahmedabad, Nov 20 (UNI) 'YOSpeed', India's first ARAI approved electric two-wheeler in 750 watt category, has created a record of sorts in its own category by achieving sales of over 4,000 bikes in just one month of its launch in the market.

YOSpeed was developed by city-based Electrotherm India Limited (EIL) and it runs on battery.

The success of the YOSpeed was mainly attributed to its features such 750 w powerful motor, 33 AH high-voltage battery, fancy looks, that have made it acceptable by younger generation, particularly girls, says Avinash Bhandari, Director of EIL, here today.

In a one-to-one media interaction with media, Mr Bhandari told UNI that, at a time when sales of Petrol two wheelers and bike are showing negative trend, this is extremely encouraging for the EV industry. The launch of YOSpeed brought electric vehicles into the mainstream two-wheeler market.

Mr Bhandari said ''With the introduction of 'YOSpeed', we intended to bring the typical male scooteretes users to start using the electric vehicles for his daily use and make substantial savings. YOSpeed's peppy colours and super styling has made it equally attractive among college girls.'' He said the company has set up target to cross sell marks of 100,000 by September 2008. The company has set up manufacturing unit in Kutch district at cost of Rs 58 crore with capacity to manufacture around 300,000 pieces per annum.

To achieve the target, the company has taken up some strategic decisions like setting up of wider service networks and training to private mechanics to provide basic repairings to customers around their homes, Mr Bhandari said.

YOSpeed can seat two people easily and can easily climb on inclines and drive at comfortable city speed of 45 kmph. It goes for 80 km in one charge (with single rider) and for 65 km with two riders. The two-wheeler is available across India through the company's over 200 exclusive showrooms, the YOWORLDs and YOPoints.

Besides this, it features like very economical and zero pollution to make it acceptable and affordable by most comman family in India, he added.

UNI

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