Riding on RUV350, BGauss eyes major share in EV-2ws
Business Standard|June 26, 2024
BGauss, a company backed by electrical equipment maker RR Global, has launched its new high-speed electric model RUV350 (pictured).
ANJALI SINGH
Riding on RUV350, BGauss eyes major share in EV-2ws

BGauss, a company backed by electrical equipment maker RR Global, has launched its new electric model high-speed RUV350 (pictured).

The company claims that it has launched a new category of electric two wheelers (EV-2ws) — rider utility vehicles (RUVs).

These vehicles combine features of both scooters and bikes, and this will help it capture about 25 to 30 per cent of the EV-2W market by 2032, the company said.

BGauss's RUV350 is priced at ₹1.1 lakh (ex-showroom), and is expected to be available from July at its 120 dealerships across India.

The company envisions that the EV-2w category will maintain a 60 per cent market share by 2030 with the RUV category capturing around 25-30 per cent of the market. The remaining 10-15 per cent would be bikes, it added.

هذه القصة مأخوذة من طبعة June 26, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة June 26, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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