RR Global-backed BGauss aims for major EV market share riding on RUV350
The company envisions EV-2W category will maintain a 60 per cent market share by 2030, with the RUV category capturing around 25 to 30 per cent of the market
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The company envisions EV-2W category will maintain a 60 per cent market share by 2030, with the RUV category capturing around 25 to 30 per cent of the market
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Eyeing growth
> RUV to capture about 25 to 30% of the EV-2W market by 2032
> BGauss aims to sell 50,000 units in FY25, including 30,000 RUV350s
> For FY26, they aim to double that to 100,000 units
> Has 16-inch wheels (larger than scooters but smaller than bikes)
> Has an under-foot storage along with helmet storage space
First Published: Jun 25 2024 | 9:43 PM IST