Komaki, an electric vehicle manufacturer, will be entering Nepal and Bangladesh.
Komaki has established a presence in the Indian market by expanding its dealership network across Tier 2 and Tier 3 cities, bringing electric vehicles to the masses. Now, after foraying into the Nepal market with two retail showrooms, one in Kathmandu and another one in Tehri, and one in Dhaka, Bangladesh, Komaki will be having over 500 active dealerships in and outside the country. Powered with LIFEPO4 batteries and antiskid technology, Komaki bikes are perfectly suited to the road conditions of Nepal and Bangladesh.
Ms. Gunjan Malhotra, Director of Komaki Electric Division, expressed her enthusiasm about the company’s expansion efforts. She said, “Our goal has always been to make advanced and eco-friendly electric vehicles accessible to everyone at affordable prices. Komaki has earned a stellar reputation by delivering the best-in-market EVs to Indian customers who prioritize clean transportation. A similar response we expect from the SAARC region with similar geographical and economic conditions and a pro-bike culture. With our diverse product portfolio, we are poised to serve an extensive customer base, driving the rapid adoption of electric vehicles in the SAARC region, where Sri Lanka and Bhutan are our upcoming destinations.”
Komaki’s unwavering commitment to expansion is evident in its exceptional pace, as the company opened an impressive 20 showrooms in just one month. This achievement serves as a testament to the widespread market acceptance and the unwavering trust customers place in Komaki. The company’s manufacturing prowess has allowed them to produce an astounding 39,000 to 43,000 units of electric vehicles annually.
Since its inception in May 2020, Komaki has experienced phenomenal growth, achieving an extraordinary overall growth rate of 1200 percent within a mere 20 months. In March 2022, the company reported a turnover of Rs 301 crores, solidifying its financial success without any external funding. Komaki’s state-of-the-art manufacturing plant, sprawling over two acres, along with its offices and warehouses in Delhi/NCR, ensure seamless operations and prompt customer service.
Ms. Malhotra further shared Komaki’s commitment to innovation, stating, “In a short span of time, we have established ourselves as a reputable player in the market, both in terms of brand recognition and financial growth. We take pride in offering the widest range of electric two-wheelers, including 9 CMVR-exempt models and 8 high-speed registration models. Furthermore, we are actively exploring advanced technologies to manufacture the industry’s finest LIFEPO4 batteries for our EVs.”
With Komaki’s disruptive presence in the electric vehicle market, they continue to lead the charge towards a sustainable and eco-conscious future. By expanding their dealership network in Tier 2 and Tier 3 cities like Siliguri, Aurangabad, Banda, Sitapur, Jabalpur, Raigarh, Bengaluru, Thakurdwara Muradabad, Saharanpur, Siwan, Gwalior, and Yavmatal, Komaki is ensuring that clean and efficient electric mobility is accessible to every corner of the country, revolutionizing the way people commute.
