Lohia Auto plans to sell over 10,000 EV rickshaws in FY 2024-25, backed by a Rs 200 million investment in R&D, infrastructure, and new product development. The company is expanding its dealer network, localising production, and aligning with government initiatives to meet diverse urban and rural mobility needs
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Looking ahead, Abilities India plans to achieve the projected revenue of Rs. 225 crore by further leveraging their patented technologies, expanding market reach, and continuously improving our product offerings. The company is also expanding their manufacturing facility by an additional 3,000 square meters by FY25/26, with an investment of Rs. 20 crore
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