Hyderabad: Hyderabad-based electric vehicles manufacturer, Gayam Motor Works, is all set to enter the Nepal market. The T-Hub incubated startup is planning to export its electric autorickshaws that run on lithium-ion batteries to Nepal by setting up dealership network. GMW has already sent the sample order and targets to provide 3,000 units of e-autos in the region.
Speaking about the initiative, GMW, founder and CEO, Raja Gayam said, “In Nepal the Chinese e-rickshaws are plying on the roads, but they are very unstable and there have been incidents of toppling reported earlier. So, the government was looking at replacing them with more stable e-autos and that is when they contacted us to supply our e-rickshaws. We have got the sample order and have sent our first consignment. Once they are tested in the market, we plan to sell 3,000 units in Nepal and have tied up with the local dealer for the same.”
In addition to the e-rickshaws that will be used as passenger vehicles, GMW is also setting up swapping stations in the country and for every 200 units it plans to set up one station. GMW’s e-rickshaws give a maximum speed of 55 km per hour and can go for 100 km on a single charge. And these autos have a running cost of Rs 0.50/km as opposed to diesel rickshaws.
So far, the company has supplied its e-autos to many companies for their last mile delivery which include marquee names like Big Basket, IKEA, Walmart, Amazon, Flipkart and Gati among others. It is also in talks with many Metro Rail projects to provide the e-autos for last mile connectivity. With new clients and countries in place for expansion, GMW is also looking at setting up another unit and is also planning to raise $15 million in the next three months.