The homegrown electric two-wheeler manufacturer Sokudo Electric is in the process of establishing a 20,000-square-foot motor and controller plant in UP’s Greater Noida. The company has shared the details through an official release, and confirmed that the operation in the plant will kickstart in 60 days.
The decision has been taken to boost manufacturing efficiency and make ‘Made in India’ vehicles more affordable in India. As per the details shared by the firm, the expansion project is worth Rs. 10 crore, and is expected to enhance the battery-powered two-wheeler segment in the country.
Here’s How Project Will Benefit
Sokudo Electric claims that the move will help them to produce more locally manufactured e-scooters. It will also impact the rapidly growing electric two-wheeler segment, which displayed a 26 percent year-on-year growth in January 2024 compared to the same month last year.
The in-house facility will allow the makes to develop prototypes and test new motors and controllers faster. Apart from this, the brand has also informed that it has invested in product enhancement as well. The initiative will reduce the reliance on external suppliers, allowing them to streamline the overall production seamlessly.
Statement By CMD
Expressing the views about the Greater Noida facility, CMD of Sokudo Electric India, Prashant Vashistha said, “Since Sokudo Electric’s inception we have been investing continuously in our company’s R&D process to develop zero-defect products and provide our consumers with 100% Made in India two-wheelers that are smart, reliable, and affordable. This approach has given us an edge over our competition in terms of pricing. Similarly, our continuous investments in dies and fixtures have enabled us to control production costs and maintain quality standards.”
“With our upcoming plant, we aim to advance our R&D efforts and make locally manufactured vehicles more affordable for the masses”, Vashistha added.
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