RR Bgauss electric 2-wheeler launch this year. The company will venture with two products and production has already commenced…
RR Global, which is known for its wires and cables business under the RR Kable brand in India, has announced its foray into the 2-wheeler electric vehicle business. It is a $800 million company and says that it understands the Indian market and has a fairly good experience of establishing multiple electrical business.
The vehicles will be launched under the BGAUSS brand name. The company says that it will launch two products in the Indian market which will be branched out in five variants to start with. The Mumbai-based brand also shares that the scooters will be ‘premium’ and will be targeted at urban and developing areas.
In fact, manufacturing and assembly of these products have already commenced at the company’s plant in Chakan, Pune. In the first phase, RR is planning to produce 80,000 units of these two-wheelers within this financial year. Though it has not been cleared but it clearly means that the launch should happen in the coming few months.
On this occasion, Mr Hemant Kabra, Director, RR Global and Founder and Managing Director, BGAUSS said,
We are delighted to announce our entry into the EV 2-wheeler segment, with our brand BGAUSS. We truly believe that electric mobility will define the future of transport. We understand the India market and have successfully placed India in the world map through our cables and wire businesses. Our strong background of having established multiple electrical businesses across verticals owing to the robust R&D, will further complement our efforts in the EV segment. Our group has proven over the years that all our investments and businesses are embedded with deep market insights ensuring that the products strike a chord instantly with the audience.
Barely a few days back Ola Electric has also announced to launch its first electric two-wheeler in India (more details).