KETO Motors And Saera Electric To Build India’s Largest E3W Company

Opportunity India Desk
Opportunity India Desk Aug 22, 2023 - 2 min read
KETO Motors And Saera Electric To Build India’s Largest E3W Company image
The joint venture intends to support India's ambitious emissions reduction commitments and drive towards 80 per cent electrification of the three-wheeler and three -wheeler fleet by 2030.

In lines with the efforts for sustainable transportation objectives, KETO Motors and Saera Electric have joined hands to build country’s largest electric three-wheeler company. This collaborative venture will stand as a key player in the sector.

Branded as “SAERA KETO,” these E3Ws will boast pioneering design and cutting-edge features, including fast charge technology, a Vehicle Control Unit (VCU), and top-tier safety and comfort for drivers and passengers alike.

According to the official statement, Saera Electric holds a prominent position as one of the biggest players in the L3 range of electric three-wheeler, playing a pivotal role in driving the adoption of sustainable transportation solutions. Keto Motors is known for its proficiency in designing and manufacturing L5 range of Electric three-wheelers (e-auto) for passenger and cargo use.

By harnessing Saera Electric's proficiency in  designing , manufacturing and retailing of diverse range of L3 Electric three wheelers, alongside Keto Motors’ expertise in designing and producing L5 range of  Electric Three wheelers for passengers and cargo, the partnership is poised to make a substantial impact in the EV market.

Saera Keto EV Private Limited’s strategic blueprint encompasses an expansive presence across India, with an initial network of over one hundred dealers, projected to grow to 250 dealers within a year. This expansion strategy ensures accessibility of L5 Electric autos in major metros, Tier 2 and Tier 3 cities. The joint venture intends to support India's ambitious emissions reduction commitments and drive towards 80 per cent electrification of the three-wheeler and three -wheeler fleet by 2030.

Nitin Kapoor, Founder & Director of Saera Electric expressed enthusiasm for the partnership, affirming the commitment to providing eco-friendly and technologically advanced vehicles that cater to Indian consumers' needs.

Saera Keto's offerings will encompass high-speed electric passenger and cargo vehicles, showcasing their commitment to delivering advanced and efficient transportation solutions. Manufactured at facilities in Telangana and Haryana, these state-of-the-art E3Ws will be priced competitively, and the venture plans to launch six new products within six months.

Dr Karthik Ponnapula, Founder of KETO Motors said, “The JV will be offering the largest product range of E3Ws in the industry with the launch of six new products within six months. These advanced technology products have been designed to meet the requirements of key customer segments With ETO’s fleet management expertise and Trinity Cleantech’s deployment of electric vehicle chargers, the EV ecosystem is now poised to take off.”

This development is a substantial step in the Saera Keto JV journey, propelling the realisation of ‘Electric Mobility as a Service.’ It supports India’s goal of electrifying first and last-mile transit while aligning with the nation's vision for sustainable transportation solutions.

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