Rilox EV, an Indian electric vehicle manufacturer, has announced the launch of Rilox E-Mobility, a dedicated division focused on EV leasing. The new initiative, set to commence operations on April 1, 2025, aims to provide cost-effective leasing solutions for businesses and individuals, making electric mobility more accessible.
According to the company, Rilox E-Mobility plans to deploy 2,500 vehicles in its first year, with an expansion target of 10,000 vehicles in the second year and 25,000 by the third year. The leasing service will incorporate a battery-swapping solution to enhance convenience and efficiency for users.
Rilox EV has been actively involved in the B2C logistics sector, where vehicle usage is significantly higher compared to personal EVs. To meet the demands of this sector, the company has designed vehicles capable of withstanding intensive operations, particularly for labor-intensive industries. The integration of IoT-enabled technology in its fleet allows real-time tracking of vehicle movement, health, and load capacity, helping to minimize downtime and optimize performance.
With an expanding dealer network and a focus on commercial applications, Rilox E-Mobility aims to enhance accessibility to electric mobility solutions. The initiative represents an effort to integrate leasing models with technological advancements to support the adoption of EVs in high-utilisation sectors.