e-Sprinto Embarks On Expansion Spree, Opens 26 Dealership Showrooms Pan India

e-Sprinto, an electric two-wheeler brand has launched 26 dealership showrooms across the country, reflecting e-Sprinto's commitment to provide easy access to sustainable electric mobility solutions for consumers throughout India.

Its expansion plan includes dealership showrooms spread across various states of India. These showrooms are strategically scattered across North, West, and East India to ensure maximum accessibility for potential customers.

The brand’s manufacturing unit is dedicated to crafting top-notch quality products with cutting-edge technology in electric two-wheelers, offering a one-stop solution for consumers seeking reliable, performance-oriented, and sustainable mobility options. e-Sprinto's mission is to cater exclusively to the Indian e-mobility sector, addressing the growing need for eco-conscious transportation.

e-Sprinto has been experiencing remarkable growth, having proudly achieved a 50% overall growth rate during the initial quarter of 2023. This growth is a testament to the brand's strong market presence and the increasing preference among consumers for electric mobility options.

Atul Gupta Co-Founder & Director, e-Sprinto said, “We are thrilled to announce the opening of 26 dealership showrooms across India. This initiative reaffirms our commitment to providing accessible and sustainable electric mobility solutions to a wider audience. We look forward to serving our customers and contributing to a greener and cleaner India.”

With this ambitious expansion, e-Sprinto aims to reach more consumers, raise awareness about the benefits of electric two-wheelers, and further strengthen its position as India's fastest-growing electric two-wheeler brand.

Earlier, it announced its partnership with prominent finance companies, including SHRIRAM, HDB, KOTAK, and BAJAJ FINSERV, to fuel the electric two-wheeler revolution in India. This strategic move aimed to enhance access to affordable financing options for people to embrace eco-friendly and efficient transportation solutions.

The company has recorded 50 per cent overall growth during the initial quarter of 2023. This substantial growth reflects the brand’s strong market presence and growing consumer preference for electric mobility.

With an impressive sales count of 5,500 scooters till September, it stands out for registering maximum sales from the dynamic and thriving eastern region of India. Anticipating the road ahead, e-Sprinto has set an ambitious target of delivering 10,000 scooters by the conclusion of the fiscal year in March 2024.

India EV Market Size

The Indian automobile industry is the fifth largest in the world and is expected to become the third largest by 2030. As per India Energy Storage Alliance (IESA), the Indian EV industry is expected to expand at a CAGR of 36 per cent. As population rises and demand for vehicles grow, dependence on conventional energy resources is not a sustainable option as India imports close to 80 per cent of its crude oil requirements. NITI Aayog aims to achieve EV sales penetration of 70 per cent for all commercial cars, 30 per cent for private cars, 40 per cent for buses and 80 per cent for two and three-wheelers by 2030.

This is in line with the goal to achieve net zero carbon emission by 2070. Over the last three years, 0.52 million EVs were registered in India, according to the Ministry of Heavy Industries. EVs recorded robust growth in 2021, supported by the implementation of favourable policies and programmes by the government.