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Okinawa Sells Over 1 lakh EVs In 2021, Plans To Launch New Scooter In 2022

EV Ultimo Team

22-12-2021

Okinawa Sells Over 1 lakh EVs In 2021, Plans To Launch New Scooter In 2022

Okinawa Autotech has announced that it has surpassed 100,000 domestic sales of its electric vehicles. The company claims that the main driver of sales this year has primarily been the locally manufactured iPraise+ and Praise Pro. These scooters commanded a nearly 60-70 percent share of the yearly sales. Also Read - Hero Electric partners with new NBFC to provide EV buyers with financing options. The company has reportedly expanded to over 400 dealerships in metro cities as well as Tier 2, Tier 3, and rural markets in India. Additionally, Okinawa has announced a total investment of Rs 500 crore through the next three years. In the first phase, a sum of Rs 250 crore will be invested in the first year and gradually increased over the coming years. The company also disclosed that it will be launching a new high-speed scooter in the first quarter of 2022.


SOURCE: HT AUTO


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