B2B Light Electric Vehicle (LEV) manufacturer, Zen Mobility, is expecting to achieve over $10 million in revenue for the year. The company’s product line consists of the Zen Micro Pod, a 3-wheeler ‘cargo bike’, and the Zen Maxi Pod, a multi-purpose modular EV platform built for cargo and passenger transport. This year, we have planned for over $10 million revenue and already have about 10,000 orders booked,” said Namit Jain, Founder and CEO, Zen Mobility. Production of the Zen Micro Pod commenced in February this year, featuring a customizable cargo box design suitable for hot/cold chains, a 150 kg payload, 120 km range, and a 3-year warranty. Zen plans to launch the B2B segment of the Maxi Pod next year, with intentions to enter the B2C or passenger vehicle market after two years.

Source: The Hindu May 21, 2024 20:47 UTC