Stella Moto plans to launch electric scooter next month

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Diversified firm Jaidka Group-backed Stella Moto announced its entry into the domestic electric two-wheeler market on Monday, saying it plans to launch its first electric scooter, ‘Buzz,’ next month.

The company is already present in the passenger and cargo (L3 category) electric three-wheeler (L3) segments. The Bengaluru-based Jaidka Group, which operates in the transportation, automobile, and logistics sectors, has two manufacturing plants in Howrah, West Bengal, and Hosur, Tamil Nadu, with a combined capacity of 20,000 vehicles per year. Stella also stated that it is considering introducing high-speed e-scooters and bikes, the details of which will be revealed in the coming months. These vehicles will be manufactured at the Hosur plant, according to the company.

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Stella Moto plans to launch electric scooter next month

Diversified firm Jaidka Group-backed Stella Moto announced its entry into the domestic electric two-wheeler market on Monday, saying it plans to launch its first electric scooter, ‘Buzz,’ next month.

The company is already present in the passenger and cargo (L3 category) electric three-wheeler (L3) segments. The Bengaluru-based Jaidka Group, which operates in the transportation, automobile, and logistics sectors, has two manufacturing plants in Howrah, West Bengal, and Hosur, Tamil Nadu, with a combined capacity of 20,000 vehicles per year. Stella also stated that it is considering introducing high-speed e-scooters and bikes, the details of which will be revealed in the coming months. These vehicles will be manufactured at the Hosur plant, according to the company.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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