Subrata Roy's Sahara enters automobile sector; to offer wide range of EVs

Sahara group on Tuesday announced its foray into the automobile sector under the brand name 'Sahara Evols'.

The business venture will offer a wide range of electric vehicles (EVs) along with advanced allied services.

The product portfolio of Sahara Evols comprises variants of electric scooters, motorcycles, three-wheelers and cargo vehicles. It is introducing a network of battery charging-cum-swapping stations.

Starting from Lucknow, Sahara Evols will establish its ecosystem in the country's tier-II and III cities by the end of this financial year, in a phased manner. Subsequently, in the next financial year, it will roll out its products and services pan-India.

Sahara India Pariwar Chairman Subrata Roy said, "We are proud to introduce for the first time, a complete ecosystem of electric vehicles in India. Sustainable and environment-friendly modes of transportation are the need of the time. The Sahara Evols range of electric vehicles is going to be our contribution...towards alternative, sustainable and eco-friendly modes of transportation."

The vehicles are powered by dry lithium-ion batteries. The cost of driving Sahara Evols Electric Vehicles in an average can go as low as 20 paise per kilometer against the cost of Rs 2 per kilometer on petrol vehicles, thus entailing direct and substantial economic benefits to the users.