two-wheeler manufacturer Okinawa Autotech plans to invest Rs 1.5 billion in its
product portfolio and on-ground footprint expansion. Despite the COVID-19
pandemic affecting the auto industry, the company reported revenues of Rs 1.55
billion and sales of 30,930 units of electric two-wheelers in FY21.
Praise Pro model emerged as the top-selling electric scooter. Its B2B electric
two-wheeler Okinawa Dualwas successfully rolled out and deployed in the
delivery sector, improving efficiency for businesses.
also reported strategic
partnerships with financial institutions and e-commerce
companies such as Edelweiss, Credr, Zest Money and Beep Cart to make e-mobility
more accessible and affordable for end-consumers.
Image Source: Okinawa