The Chinese Electric Vehicle (EV) company, Sunra, which boast of being No.1 in sales volume in the world, is expecting India to be the world’s biggest market for electric bikes, so the firm is planning to set up its manufacturing facility in India.
Sunra’s General Manager Victor Lu told news agency IANS that the company is studying the EV policies in India and want to set up a factory in India, most likely in Bangalore.
According to Victor, India will outpace China in four or five years in terms of demand for electric vehicles. “We see India as the world’s biggest market for e-bikes and we want to tap into it. There is a so much pollution in Delhi and other Indian cities. People would switch to e-bikes very soon,” he said.
There are six models of Sunra that are being tested under Automotive Research Association of India (ARAI), the apex Industry body representing leading vehicle and vehicular engine manufacturers in India. Additionally, the Chinese firm has already partnered with 16 small firms in Delhi, helping these small firms in assembling electric bikes.
Sunra has been exporting e-bikes and its spares to 70 other countries including India. Currently, Sunra makes 20 percent of e-bikes in India and are planning to take the percentage level to 80.
Sunra already has a presence in India as it exports batteries, other spares parts and e-bikes to the country.
Founded in 1999, Sunra is a large-scale civilian-run joint-stock listed company, specializing in the R&D, production and distribution of electric vehicles and key spare parts and components.
Sunra’s Miku is an electric scooter from the the company which has a European EEC certificate and has a high quality 800 watt Bosch electric motor and a 20 Ah removable Lithium battery for a range of 60 km.
Sunra is now a leader in Chinese Electric Vehicle Industry, owning 6 major production bases in Wuxi（Headquarters, Tianjin, Dongguan, Xiangyang, Henan, Xuzhou in China. according to Sunra website, the company has a total of more than 5,000 employees including 500 engineers, total asset of RMB 1.3 billion (~ US$189 Million), and annual production capacity of 4 million electric vehicles of various models that include Electric Bicycles, Electric Scooters, Electric Motorcycles, Electric Tricycles as well as Electric cars.
To Read Our Daily News Updates, Please visit Inventiva or Subscribe Our Newsletter & Push.