Raipur-based Godavari Electric has something special in store for us at Auto Expo 2023, which could be a first for Godavari. It is going to showcase its entire EV 2 and 3 wheeler range to be launched in 2023 at the upcoming Auto Expo 2023. The Expo company had announced last month that its e-auto will have complete vehicle body panels made of DCPD material. DCPD is the latest plastic technology and offers a wide range of benefits. What are the benefits, you ask? The material is impact-resistant and is said to be “virtually unbreakable,” making the vehicle strong enough to operate under harsh conditions and corrosion. Now, that’s a tempting proposition.
So, what will the company show us? The company is also going to showcase its e-scooter, e-loader and e-rickshaw prototypes at the Auto Expo. All these products will be manufactured from its upcoming manufacturing facility in Raipur. All three products are expected to be launched in the coming financial year. The company had announced that it has invested around Rs 150 crore to set up an EV manufacturing plant in Raipur, which is a huge amount indeed.
But, what do we know about Godavari? what does it do? Launched in July 2019 as Godavari eMobility, Godavari Electric Motors aims to provide self-employment to millions of people and reduce the country’s carbon footprint with its state-of-the-art e-mobility solutions. Indeed, a good plan for people, to truly give back to society. It is the brainchild of Siddharth Agarwal and Mahendra Agarwal and was founded with a vision to provide a pollution-free, sustainable journey by offering a complete range of EV products. What makes Godavari Electric Motors unique? This is the fact that it is one of the first companies in India to launch a leasing model in the EV space. Now, this is an interesting business model, and it will be quite interesting to see how this model fares in the coming times.