22KYMCO Launches its iFlow Electric Scooter at INR 90,000

Allen Ko, Chairman – KYMCO, announced setting up a manufacturing facility for 22KYMCO in Bhiwadi, Haryana. Equipped with an annual production capacity of 200,000 units, this facility will manufacture the iFlow, the Like200 and the X-Town 300i ABS completely at the plant. India, being one of the focus markets for KYMCO globally, the two-wheeler maker is expanding in the country with a phased expansion plan. The focus markets for phase one include New Delhi, Bangalore, Pune, Hyderabad, Kolkata and Ahmedabad to start with. Over the next three years, the organization aims to build a strong pan India dealership network with 300 touch

Focused on the unique needs of the Indian market, 22KYMCO, the global new age mobility solutions provider, unveiled its electric two-wheeler offering – the iFlow as well as ICE technology range of products including the “Like200” and the “X-Town 300i ABS”, a part of the premium Maxi scooter category. The company revealed its new logo and launched competitive price points for its new machines that will be available in India from September 2019.

Product:

Price (on-road Delhi)

iFlow:

INR 90,000/-

Like200:

INR 1,30,000/-

X-Town 300i ABS:

INR 2,30,000/-


Speaking about the India market, Mr. Allen Ko, Chairman – KYMCO, said, “With the country’s strong policy framework that encourages e-mobility in a big way, electric awareness and consumer purchase intent towards e-vehicles in India is witnessing a paradigm shift. Given the encouraging e-mobility environment here, we are certain that our unified mobility solution is sure to ‘make it big in India’. Combining KYMCO’s 55-year old legacy in the automotive world with 22Motors’ expertise in the Indian market, 22KYMCO makes for a stronger team together. We look forward to an exciting journey that will shape India’s e-mobility revolution.”

Mr. Parveen Kharb, CEO and Co-Founder – 22Motors added, “Our range of offerings ensures that we have a product for every rider type on the street. The range of Maxi scooters will fill this need gap for this set of audience. Besides this, the dialogue on the electrification of vehicles in India has picked up pace like never before and electric vehicles are the future. All our actions are focused in the direction of building a strong electric mobility ecosystem in India and our customers continue to remain at the forefront of our strategy.”

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