E-Turbo Motors Invests Rs. 50 Crore in Electric Bike Plant

Jawad

03 Oct 2024

268

E-Turbo Motors Invests Rs. 50 Crore in Electric Bike Plant

E-Turbo Motors is actively strengthening its presence in Pakistan’s growing electric vehicle (EV) market by introducing affordable electric bikes. According to CEO Sheikh Osama Nadeem, the company's electric bikes offer a safe, smooth, and eco-friendly riding experience. The focus is on providing innovative and accessible electric transportation solutions to Pakistani consumers.

Major Investment in EV Assembly Plant

The company has invested approximately Rs. 500 million to establish an assembly plant capable of producing up to 10,000 bikes annually. This significant step was reported by Business Recorder and represents E-Turbo’s commitment to local manufacturing. Furthermore, E-Turbo Motors has successfully obtained a manufacturing license from the Engineering Development Board (EDB), marking a crucial achievement in their EV production journey.

Official Launch and Early Sales Success

E-Turbo Motors plans to officially launch its electric bikes in mid-October 2024. Despite the pre-launch phase, the company has already sold over 200 units, receiving positive customer feedback. This early success indicates the strong potential demand for electric bikes in Pakistan.

High-Speed Performance and Impressive Range

One of E-Turbo Motors’ standout features is the high speed of its electric bikes. The top model can reach speeds of up to 120 km/h, making it the fastest electric bike in Pakistan, while the basic version offers speeds of 75 km/h. Depending on the model, the bikes deliver a range of 100 to 300 km on a single charge, making them ideal for various users.

Efficient Design and Future Expansion Plans

E-Turbo’s electric bikes are powered by lithium-ion LiFePO4 batteries, known for quick charging and higher range. Additionally, an efficient motor system and Battery Management System (BMS) optimize energy usage. The company is also planning to introduce more advanced electric models, including scooters and three-wheelers, and is exploring both local and international expansion opportunities.

ETurbo Motors Electric bikes Pakistan Affordable electric bikes EV market Pakistan Highspeed electric bikes Lithiumion battery bikes Ecofriendly bikes Electric bike assembly Electric vehicle investment Electric bike range

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