EV startup Motovolt Mobility plans to expand their fleet, here’s how

Electric cycle manufacturer, Motovolt Mobility, is in talks with various online food and grocery delivery firms to help develop their fleet size across the country, a company official said. It is also in discussion with a few private-equity (PE) players to raise Rs 100 crore in the next financial year, he said.

“Talks are on with online delivery firms like Swiggy, Zomato and Zepto for supplying products like e-bikes to help develop their fleet,” Motovolt Mobility founder and CEO Tushar Choudhary told reporters here.

The company is planning to manufacture e-scooters at its existing facility near Kolkata, he said.