Zypp Electric's investment will support Odysse's nationwide expansion, bolstering production capacity and dealership networks.
18 Nov 2024 | 3149 Views | By Autocar Professional Bureau
Odysse Electric, an Indian electric two-wheeler brand, has received an investment from Zypp Electric to support its expansion across India. As part of this collaboration, Zypp Electric has placed an order for 40,000 electric vehicles, which will be delivered over the next three years.
The investment is expected to ...
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Odysse Electric, an Indian electric two-wheeler brand, has received an investment from Zypp Electric to support its expansion across India. As part of this collaboration, Zypp Electric has placed an order for 40,000 electric vehicles, which will be delivered over the next three years.
The investment is expected to enhance Odysse Electric's presence in the B2B market while expanding its dealership network nationwide. By increasing production capacity and improving distribution capabilities, the company aims to cater to the rising demand for eco-friendly mobility solutions in both personal and last-mile delivery segments across urban and rural areas.
Nemin Vora, CEO of Odysse Electric, expressed enthusiasm about the partnership, stating, “This strategic collaboration with Zypp Electric marks a significant milestone for us. Their expertise in fleet electrification and understanding of the EV market will help accelerate our plans for nationwide growth. This partnership aligns with our vision to promote sustainable transportation and meet the increasing demand for electric vehicles.”
Akash Gupta, Co-founder and CEO of Zypp Electric, highlighted the company's plans to deploy 200,000 EVs over the next 2-3 years as part of its efforts to decarbonize last-mile delivery. He noted that the investment in Odysse Electric aligns with Zypp Electric’s principles, as the brand demonstrates a commitment to quality and the ability to meet customised requirements.
Founded in 2020, Odysse Electric offers a wide range of electric vehicles, including scooters and motorcycles, designed for personal use and B2B applications. Its portfolio consists of seven models.
The Vader is an electric motorcycle equipped with a 7-inch touchscreen Android display, AIS-156-approved battery, five drive modes, an 18-liter storage space, and a robust build. The EVOQIS electric bike includes features such as four drive modes, keyless entry, an anti-theft lock, and a motor cut-off switch. The high-speed electric scooter SNAP is designed with a smart portable battery, waterproof motor, "distance to empty" indicator, and a CAN-enabled display.
The HAWK Li high-speed electric scooter is notable for its cruise control and integrated music system, along with a portable battery. Odysse also offers low-speed electric scooters such as the E2Go Lite, E2Go+, and E2GO Graphene, which include features like portable batteries, USB charging, digital speedometers, and keyless entry. Additionally, the Racer Lite V2 Lite and V2+ models come with waterproof motors, large boot spaces, dual battery options, and LED lights.