Lucknow: Sahara group Tuesday announced its foray into the automobile sector under the brand name 'Sahara Evols'.
The business venture will offer a wide range of electric vehicles (EVs) along with advanced allied services.
The product portfolio of Sahara Evols comprises variants of electric scooters, motorcycles, three-wheelers and cargo vehicles.
It is introducing a network of battery charging-cum-swapping stations.
Starting from Lucknow, Sahara Evols will establish its ecosystem in the country's tier-II and III cities by the end of this financial year, in a phased manner.
Subsequently, in the next financial year, it will roll out its products and services pan-India.
Sahara India Pariwar Chairman Subrata Roy said, "We are proud to introduce for the first time, a complete ecosystem of electric vehicles in India. Sustainable and environment-friendly modes of transportation are the need of the time. The Sahara Evols range of electric vehicles is going to be our contribution...towards alternative, sustainable and eco-friendly modes of transportation."
The vehicles are powered by dry lithium-ion batteries.
The cost of driving Sahara Evols Electric Vehicles in an average can go as low as 20 paise per kilometre against the cost of Rs. 2 per kilometre on petrol vehicles, thus entailing direct and substantial economic benefits to the users.
Also read: New powerful iPadOS coming this fall