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Economic Times features four EMotorad bicycles in their list of the best electric cycles.

ET Retail Desk reports through this partnership, Emotorad hopes to expand its reach to a wider audience and gain a stronghold in the young-age category — aiming to see a 40 per cent growth in sales and expand its presence across both online and offline retail channels.

ET Auto reports Emotorad has exported so far in FY23 over 50,000 units, against 17,000 units in FY22, to 18 countries and has also attained international profitability of USD 2 million in two years of its inception.

Economic Times Auto reports Emotorad is set to achieve a 400% rise in revenue in the coming fiscal year owing to the growing demand for eco-friendly mobility alternatives in Tier 2 and Tier 3 cities across India, the company said.

Europe is one of the largest and fastest-growing markets for electric vehicles with an affluent customer base, which will provide EMotorad with a huge opportunity to produce electric cycles for the mass market, it said. The company said it is eying to sell some 3,000 e-bikes in the first few quarters across these five countries.