Hyderabad, January 27, 2025: Electric two-wheeler manufacturer Pure EV has unveiled ambitious plans to set up a ₹400 crore manufacturing facility, significantly boosting its annual production capacity by an additional 3.5 lakh units in two phases.
The company is currently in discussions with state governments in Tamil Nadu, Karnataka, Andhra Pradesh, and Telangana to finalize the location for this state-of-the-art facility.
Key Highlights
- Production Expansion:
- Current Capacity: 50,000 units annually.
- 2024 Sales: Approximately 12,800 units.
- Future Target:
- 25,000 units by 2025.
- Over 50,000 units by 2026.
- Investment Strategy:
- Equity Funding: 70% of the ₹400 crore investment.
- Debt Financing: Remaining 30%.
- Focus on Exports:
- 2024 Exports: 2,000 units.
- Future Projection: Exports to constitute 20% of total sales by 2028, focusing on markets in West Asia and Africa.
- Dealership Network Growth:
- Current Outlets: 75.
- 2027 Goal: 320 outlets.
- 2029 Goal: 800 outlets.
Advanced X Platform 3.0
Pure EV has introduced the X Platform 3.0, an upgraded vehicle platform leveraging artificial intelligence for enhanced performance, connectivity, and user convenience.
Key Features:
- Thrill Mode: Boosts torque and performance by 25%, offering an exhilarating ride.
- Predictive AI:
- Learns rider habits.
- Adapts to diverse conditions.
- Identifies potential issues proactively, maximizing uptime.
- Cloud Integration:
- Over-the-air updates.
- Ensures optimal vehicle performance.
- Next-Generation TFT Dashboard:
- Compatible with iOS and Android devices.
- Provides real-time navigation, battery health updates, and range estimates.
- Other Features:
- Regenerative braking.
- Smart vehicle control unit.
- High-efficiency powertrain.
The platform will debut in premium models such as the ePluto 7G Max and eTryst X, with plans for integration across all models by the end of 2025.
Commitment to Sustainability
Beyond manufacturing, Pure EV actively supports sustainable practices:
- Battery Recycling and Repurposing: Focused on extending battery life and reducing e-waste.
- Renewable Energy: Investments aimed at improving operational efficiency and reducing carbon footprints.
Leadership Vision
Founder and Managing Director Nishanth Dongari emphasized that the company’s focus is on building intelligent and sustainable mobility solutions, driven by advanced technology and innovation.
With its expanding dealership and service network, Pure EV aims to strengthen its role as a leader in clean mobility solutions, contributing to India’s transition to a low-carbon future while catering to both domestic and global markets.
This strategic investment and technology upgrade reaffirm Pure EV’s commitment to shaping the future of urban transportation.