Enigma, a Madhya Pradesh-based electric vehicle manufacturer, has announced plans to launch six high-speed two-wheelers by the end of this year, with five B2B and one B2C product.
The EV bike Café Racer- Enigma CR22, which offers a top speed of 120 kmph and delivers a range of 105 km on a single charge, is part of the lineup, as part of the B2B market, whereas the rest of the five electric scooters are for the B2C market.
Anmol Bohre, Managing Director, Enigma, said that with six high-speed electric two-wheelers, including B2B high-speed RTO and FAME-approved two-wheeler, along with India’s first Café Racer, they were poised to meet consumer needs. "Our vision for 2023 is to establish Enigma as a prominent player in the EV industry, he further stated.
Enigma’s pledge to quality and sustainability is reinforced by the inclusion of three out of six electric scooters in their line-up as eligible for the FAME 2 subsidy, as per the press release.
By 2025, the company aims to capture 25 percent of the potential market share in the country.
The electric two-wheeler industry, which has 103 players in the growing marketplace, has chalked retail sales of 65,730 units in April 2023, up 23.42% (April 2022: 53,257 units).