Mahindra & Mahindra is considering to bring the GenZe electric two-wheeler brand in the Indian market and other international markets reports Times Of India.
According to the media house’s sources, 38,000-40,000 electric two-wheelers are sold in the country a year. The sales figures are doubling year on year, and are expected to reach 5 lakh units in the next five years.
In the US market, the prices start from USD 1,499 for the e101 Sport electric bicycle; and USD 2,999 for the GenZe 2.0 electric scooter. Billed as the world’s first electric connected scooter, the GenZe 2.0 has a 7-inch Cruise-Connect touchscreen control panel at the centre of the handlebar which also serves as the instrument console. The 105 kg scooter has a payload capacity of 125 kg, and a 48.3 km (30 miles) riding range.
There’s also a sportier version of the 2.0, called the Mahindra GenZe 2.0S. It features lower handlebars, new apron design for sporty looks. One can also track and disable one’s scooter remotely to protect from theft. It comes with three years of 3G telematics data as well. It retails at USD 3,599.
Mahindra is also working on an electric scooter, which is based on the Mahindra Gusto. Bajaj Auto has also jumped the electric bandwagon and is developing an electric two-wheeler brand codenamed ‘Urbanite’.