Eider Motors plans expansion of 30 new dealerships within two months

Eider Motors, which sells a range of low-cost Chinese two-wheelers from lesser known CFMoto, Peda and Loncin brands, is gearing up to push its operations to the next phase. At present, the company is retailing six products and has opened bookings for eight more through its Hyderabad dealership.

The company plans to open 80 showrooms across the country of which 30 of them are set to be inaugurated in the next six months. In its initial phase of expansion, the firm will cover Andhra Pradesh, Telangana, Maharashtra, Goa, West Bengal, Nagaland, Manipur, Mizoram, Jharkhand, and Kerala. Some of these dealerships are in the final stages of completion.

Meanwhile, the company is reportedly said to have eight models coming up for launch in the next few months.

Bookings for the upcoming models are currently underway while their test rides are also scheduled to begin soon. By the end of the year, the company plans to launch as many as 15 models.

Currently, Eider's product range includes two-wheelers from 110cc to 650cc with prices ranging from Rs. 49,000 to Rs. 4 lakh, which include the Eider Leora, Eider Etania, Eider Stoic, Eider Ruddy, Eider Dronzer, Eider Visrah and CFMOTO 650NK.

Source : BS Motoring