the company has been reinforcing investments in the R&D of new technologies and products.
AMO Electric Bikes aims to expand the network and operations by associating with over 350 dealers
Mumbai: 16th January 2022: Amo Electric Bikes, India’s fastest growing electric mobility brand, plans to associate with more than 200 dealers in the Q4 FY2022. The strategic move is in line with scaling the company’s operations by offering reliable, sustainable, and affordable e-mobility solutions across the country.
The brand is working towards expanding its network of channel partners to amplify its supply capacity. The brand is expanding its network to achieve its vision of expanding e-mobility as the mass mobility
AMO Electric Bikes witnessed stellar growth in the past seven months, recording 350% month-on-month growth and sales growth of 400+% month on month. With a healthy presence in over 100 cities across India, the company added 50 dealers in the last forty days. Currently, the e-mobility brand has 150 dealers and targets to associate with over 350 dealers in FY 2022.
Speaking on the development, the spokesperson of AMO Mobility said, “AMO has recorded a tremendous growth in the past few months. With over 150 dealers to date, we plan to expand our network in more than 250+ cities across India. As of now, our target is to have around 350 dealers by end of the fiscal year 2022. A robust increase in associations with dealers will help us improve our footprint while bolstering our supply capacity across the country. Furthermore, we have been relentlessly working on research and development to bring more environment-friendly mobility solutions in the coming months.”
With the upcoming launch of new e-mobility products, AMO Electric Bikes targets to sell around 1 lakh units in FY 2022-2023. In addition to this, the company has been reinforcing investments in the R&D of new technologies and products.
About AMO Electric Bikes