Deliveries of Made-in-India EV starts

Srivaru Motors has officially launched the all-electric streetfighter SVM Prana in Coimbatore. This Made-in-India bike has an impressive top speed of 123 kmph. It has acceleration time of under 4 seconds for a 0-60 km/h sprint on the Prana and is stated to cover up to 126 km on a single full charge.

Grade A LFP lithium-ion battery is being used to charge the bike, and according to Srivaru Motors, up to the vehicle’s battery comes with 2,000 useable cycles with this unit or simply a 3 lakh km lifecycle. In order to stimulate demand for the product, SVM has also announced easy EMI plans and says that the figure comes out to be around Rs 5,200 per month and after three years, the expense gets limited to just electricity bills.

Around 70% of the bike is made with local content & SVM is planning to augment that to 90%. The company is also planning to expand its production units and operations to other parts of the nation.