Warivo Motor India plans to nearly double revenue to INR 120 crore and enter high-speed electric scooter market.

Warivo Motor India plans to nearly double its revenue to INR 120 crore this fiscal year by entering the high-speed electric scooter market. The company has launched the CRX scooter, priced from INR 79,999. Previously focused on low-speed models, Warivo aims for 90-100% growth over the next three years. Its production facility in Haryana can manufacture 600 units daily, and it targets 8,000 units in sales for FY25, especially in South India.

September 13, 2024
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