Electric bike startup eBikeGo on Monday announced it will set up a manufacturing facility through its subsidiary Vajram Electric for its Muvi and Velocipedo brand of electric vehicles.
The facility will develop powertrain as well as multiple product portfolios for both domestic and international markets, eBikeGo said in a statement.
Vajram Electric is a special business unit established in order to fulfil the manufacturing requirements of eBikeGo, the company said in the statement.
The company had late last year announced acquiring manufacturing and marketing rights for European e-scooter Muvi as well as manufacturing rights for electric trike Velocipado from Spanish automotive company Tarrot.
