EV start-up brand Ellysium Automotives has withdrawn from its partnership with British start-up One Moto, saying it was determined to establish a manufacturing facility in India but failed to get the expected backing from Britain’s mobility company.
Moving forward, Ellysium Automotives has shared new plans to announce a new e-mobility brand that will have its production plans in India, allowing it to control quality and technology according to domestic customer’s requirements.
It says it has already made efforts for sustainability and has already started working closely with the government of Telangana on allocating land for the establishment of the factory that will be equipped with major automation integration, semi-robotics and the best production machines to ensure quality. products to be produced.
Muzammil Riyaz, promoter and founder of Ellysium Automotive, said: “Given the current scenario of EV brands in the Indian market, it has become very important to keep a close eye on what is being released on the roads in the name of EV. price must also be kept in check, with the understanding that EV is still a new concept for Indian customers. All this can only happen if one manufactures in India, and that is what we will strive for. Customers will soon see great products introduced by the new EV brand that we are all going to launch without compromise.”
The new brand is set to be unveiled this month with at least 3 products to be launched in the current fiscal year.
