Sahara Group announced on Tuesday its foray into the automobile sector under the brand name 'Sahara Evols'.
The business venture will offer a wide range of electric vehicles (EVs) along with advanced allied services. The product portfolio of Sahara Evols comprises variants of electric scooters, motorcycles, three-wheelers, and cargo vehicles. It is introducing a network of battery-charging-cum-swapping stations.
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Starting from Lucknow, Sahara Evols will establish its ecosystem in the country's Tier-II and III cities by the end of this financial year, in a phased manner. Subsequently, in the next financial year, it will roll out its products and services pan-India.
Sahara India Pariwar Chairman Subrata Roy said,
"We are proud to introduce for the first time, a complete ecosystem of electric vehicles in India. Sustainable and environment-friendly modes of transportation are the need of the time. The Sahara Evols range of electric vehicles is going to be our contribution...towards alternative, sustainable, and eco-friendly modes of transportation."
The vehicles are powered by dry lithium-ion batteries. The cost of driving Sahara Evols Electric Vehicles in an average can go as low as 20 paise per kilometer against the cost of Rs 2 per kilometer on petrol vehicles, thus entailing direct and substantial economic benefits to the users.
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