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Though the startup has not declared the price, with this launch, it has made its entry into the e-scooters segment.
Motovolt’s e-scooter comes with features like purpose-built storage space for voluminous cargo, higher strength and load-bearing capacity, a detachable pillion seat, and twin removable easy-to-carry batteries weighing about 10 kg each.
The e-scooter will be connected to the Motovolt app for a seamless experience for riders. Moreover, its swappable batteries support multiple use cases.
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Motovolt is also in the smart e-cycles category and has recently forayed into a new category of e-bikes with the launch of ”URBN”. The startup recently raised Rs 16 crore in a pre-Series A round from Dubai-based family Wami Capital, Vikrampati Singhania of JK Family, and a few others.
By the end of the financial year 2022-23, it plans to increase its distribution presence from 100+ physical touchpoints to more than 250.