Komaki Electric Scooter Bike Price: The annual revenue of Komaki Group was Rs 147.02 crore in the year 2021, which increased to Rs 298 crore in 2022. Thus, it has become one of the fastest growing electric vehicle brands in India, registering a revenue growth of over 100% in a single financial year. The leadership team of Komaki Group attributes the company’s strong performance to investments in R&D, especially in the battery division. The company claims that after the launch of the LifePO4 battery, there has been a significant increase in the sales of Komaki’s electric motorcycles and scooters. This battery is now being used in most of Komaki’s high speed two-wheelers.
The profit of Komaki Group has also increased from Rs 1.51 crore to Rs 3.25 crore during this period. Now to build a strong EV charging infrastructure in the country, Komaki has set an investment target of Rs 75 crore to install 45,000 charging points across the country by December 2023. This step of the company will play an important role in achieving India’s non-fossil fuel goals by 2030.
During the financial year 2021-22, Komaki registered a tremendous growth of 560% and the annual revenue of the company was Rs 22.92 crore in 2021, which reached Rs 147.02 crore in 2022. Now again after increasing the annual revenue, the company has registered a growth of 1200% within 20 months of its inception.
Talking about the company’s growth and future plans, Gunjan Malhotra, Director, Komaki Electric Vehicle Division said that Komaki has gained a good reputation in just 4 years of its inception. The brand has established a strong network of over 380 dealerships across the country. We come with the widest range of electric two-wheelers, including 10 CMVR-exempt models and 8 high-speed registration models. Komaki’s state-of-the-art manufacturing plant is spread over two acres, apart from the company’s offices and warehouses in Delhi-NCR.
