Al-Abdullah Group recently invested $50 million in Kabira Mobility. The electric two-wheeler maker currently has three models in its portfolio. There are KM3000, KM4000 and Hermes 75. Now, the manufacturer has revealed that they are working on a new motorcycle that will be their upcoming flagship. It will be called the KM5000 and will be an electric cruiser. The motorcycle has a claimed range of 330 km. It will use an 8.1 kWh battery pack. The battery pack can be charged to 80% in 2 hours.
As mentioned above, the KM5000 will be a cruiser. The back seat of the motorcycle will be removable. So it should be easier to install luggage. The electric motorcycle will have an on-board charger that can be used to recharge the battery. Alongside this, Pro variants of the KM3000 and KM4000 will be released with mid-drive powertrains and updated specifications.
Also read: Honda to unveil plans for electric two-wheelers in India on March 29
With the new investment, Kabira Mobility wants to focus on expanding its manufacturing process at its Dharwad factory. The brand hopes to set up an e-scooter manufacturing plant in Uttar Pradesh to cater to the growing demand in the North Indian market. Apart from this, the brand is also aiming to expand its nationwide presence by increasing its store network from 30 to 100 by the end of the year.
Jaibir Siwach, CEO of Kabira Mobility, said: “E-bikes will be a catalyst for growth in the industry and through this investment, Kabira Mobility is expected to lead the way. For the past five years, we have been relentlessly focusing on powertrain R&D technology development to pave the way for Kabira Mobility. Paving the way will allow us to capture nearly 30% of the e-bike market within the next two years and become the industry leader.”
First published date: March 17, 2023 at 17:41 PM CST