Nexzu Mobility has unveiled plans to expand its dealership network exponentially by the end of 2024. In response to the increasing demand for electric cycles in India, the company aims to increase its current retail network by eightfold.
As a five-year-old brand specialising in EV-cycles, Nexzu Mobility is poised to redefine mobility with its smart, India-engineered electric cycles. Presently, Nexzu Mobility operates through five distributors, each managing four dealerships strategically positioned across the country.
Chintamani Sardesai, Business Head at Nexzu Mobility, expressed enthusiasm about the venture, stating, 'The Indian EV cycle market is starting to experience unparalleled growth. As we expand our dealership network, we strive to bring back cycling as an enjoyable mode of transportation. By offering high-quality and ergonomically designed electric cycles that seamlessly blend the latest technology, we aim to enable people to make more environmentally conscious decisions and build an ecosystem for more effective mobility in India.'
Nexzu Mobility's current network already spans the nation, reaching consumers in the Southern, Eastern, and Western regions through prominent locations such as Bangalore, Chennai, Kolkata, Pune, and Vadodara. Recognising the growing market potential, the company aims to further penetrate the Western and Northern regions while concurrently strengthening its position in the Southern market.
The company's three indigenously developed EV-cycle models—Rompus+, RoadLark, and Bazinga—are designed to cater to both B2B and B2C markets. These products, boasting a 95% localisation rate with an in-house developed powertrain system, are manufactured in Pune. Nexzu Mobility's EV-cycles are strategically engineered to meet the unique needs of Indian consumers, pushing the boundaries of sustainable transportation and contributing to the evolution of mobility in the country.
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