British automobile brand, One Moto India, has partnered with Reliance General Insurance to provide exclusive motor insurance to all One Moto India customers.
The company, which has set up a plant in Hyderabad, intends to produce at least 40,000 units in the first phase. Further, the company said it is also working to create a charging and battery swapping infrastructure aligned with the Indian government’s vision.
Aditya Reddy, VP – Marketing & Sales, One Moto India affirmed that the company aims at growing aggressively to serve the customers, and play an active part in the e-Mobility mission.
Anand Singhi, Chief Distribution Officer, Reliance General Insurance, said the electric two-wheelers penetration in India is expected to rise from 2% in FY21 to 10-15% by FY26. “As the nation makes the responsible shift towards e-mobility for a better and greener future, we have an equally significant contribution to make in the process,” he said.
Notably, the brand was launched in India in November 2021, and has since been receiving overwhelming response from EV buyers in India, it claimed. Within a span of three months since its launch, the brand has announced three electric scooters – Byka, Electa, and Commuta – for the Indian market.