Business

AMO Electric Bikes plans to increase more than 200 channel partners to its network in Q4 FY 2022

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

AMO Mobility Solutions is on a mission to create reliable, sustainable, and affordable e-mobility solutions in India. Established in 2018 by Sushant Kumar, the company is relentlessly working towards achieving its vision “to convert/expand e-mobility into mass mobility”. And in their endeavors to do so, the brand is committed to providing stylish e-bikes that are extremely enjoyable to ride.
In just three years since its inception, AMO Mobility has grown more than 300% in volumes, having 120+channel partners. This is further going to grow to 300+ channel partners in the next couple of years. AMO has a healthy presence in more than 100 cities across India. In the coming two years, the Noida-based company is planning to expand its footprint and presence in more than 250+ cities pan India.

This article was shared to Prittle Prattle News as a Press Release.

Related Posts

1 of 1,082