The facility will be manufacturing the Atum 1.0 café racer style electric bike along with new high-speed models of electric vehicles to be brought into the market in the near future.
Hyderabad, 11th February 2022: Atumobile Pvt. Ltd., a Hyderabad-based electric vehicles manufacturer extended its manufacturing capacity by inaugurating its 2nd factory in Patancheru, Telangana. By adding on the new production unit, the company has increased its production capacity from 25,000 units per annum to maximum of 3,50,000 units per annum. Atumobile Pvt. Ltd. opened its very first factory in Patancheru, Hyderabad in 2020. The latest facility in Patancheru is the first-of-its kind manufacturing unit powered by ATUM Solar Roof, the World’s 1st Electricity Generating Roof, making the entire factory, a Net Zero manufacturing facility.
The new factory which spans over an area of 20,000 sq.ft. total, will be responsible for manufacturing Atum 1.0, a low-speed new generation electric bike and subsequent models ready to be in circulation in the coming months.
Speaking at the opening of the new factory, Mr. Vamsi Gaddam, Founder and Managing Director Atumobile Pvt. Ltd. and the man who envisioned Atumobile Pvt. Ltd. conveyed that “increasing the production capacity of Atum EVs can not only help further the company’s own green initiative but can also help transform India into a sustainable and environmentally responsible nation.
The electric two-wheeler market has grown by 135% in the last year (2021) by touching around 2.30 lakh low-speed and high-speed cumulative numbers. Since the EV trend is booming due to FAME 2 Subsidy and fuel price hikes, we are expecting overall EV volumes to touch around 6.00 lakh units this year (2022). As the high-speed variants’ demand is high in the market, we will also be launching Atum 1.1 with a 50 km speed and Atum 2.0 with a 70 km speed in a few months’ time. Additionally, we are also looking at around 5% market share this year (2022) with our upcoming models.
As there is a push from the Central Government for faster adoption of electric vehicles in India, the EV two-wheeler market is expected to replace around 50% of petrol vehicles with electric vehicles by 2030. The current petrol two-wheeler market is around 1.50 crore per annum. Considering the growing electric two-wheeler market, we are enhancing our annual production capacity to nearly 3.00 lakh vehicles with the opening of this 2nd plant. At Atumobile Pvt. Ltd., we are committed to bringing the best electric vehicles to meet all age groups in the future.”
Atumobile Pvt. Ltd. is the first company in India to start doorstep bike delivery for its customers and also recently launched Service On Wheels, a doorstep servicing facility for any bike related repairs. Their 1st bike model, Atum 1.0 is priced at Rs 54999(exclusive of tax) and requires no license or registration as its top speed is 25 km/h, and is therefore suitable for all ages 16 and above. Other bike specifications include a 48V 250W motor, a 3-pin portable battery and 14-litre boot space, among others.
About Atumobile
Atumobile Pvt. Ltd. is the brainchild of Vamsi Gaddam. With the stated objective of making sustainable products, Atumobile is looking to launch a range of e-bikes and scooters to support e-mobility across the country. Atumobile Pvt Ltd is Designed in India, 90% “sourced with in India and Made in India,” for roads that are uniquely Indian. Designed for practicality and ease of commute, we aspire to make the transition to electric truly effortless. We understand that your commute is fueled by necessity, and Atumobile is just that — a practical option for eco-friendly travel.
For more information please visit - https://www.atumobile.co/
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