Moneycontrol PRO
HomeNewsBusinessMarketsGensol Engineering's two-door, two-seater EVs evokes interest among fleet owners

Gensol Engineering's two-door, two-seater EVs evokes interest among fleet owners

Gensol claims the running cost of the EVs is as low as 50-60 paise per km, making it up to 80% cheaper to operate than petrol vehicles. Ezio is capable of covering 200 km on a single charge, said the company, with full charging in 2-3 hours.

January 28, 2025 / 12:01 IST
The orders are from existing fleet operators, and the company said it sees strong market demand for the compact EV as well as the last-mile delivery vehicle.
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Gensol Engineering has bagged 30,000 pre-orders for its two-door, two-seater compact EVs Ezio and Ezibot, made by its subsidiary and meant for micro urban mobility, the company said on Januar7 28.

    Gensol claims the running cost of the EVs is as low as 50-60 paise per km, making it up to 80% cheaper to operate than petrol vehicles. Ezio is capable of covering 200 km on a single charge, said the company, with full charging in 2-3 hours.

    Anmol Singh Jaggi, Gensol's MD said the vehicle 'redefines urban commuting'.

    "...our focus is on creating world-class, purpose-driven mobility solutions that address real challenges—such as traffic congestion, rising pollution, and the need for affordable fleet operations," he added.

    The orders are from existing fleet operators, and the company said it sees strong market demand for the compact EV as well as the last-mile delivery vehicle.

    Pratik Gupta, CEO, Gensol EV confirmed that the company is preparing to commence production at the Chakan, Pune facility, with plans to launch in urban markets like Bengaluru and Delhi. To make the EVs attractive for fleet operators, Gensol is betting on the compact design and affordability for the two EVs.

    One of the features that the company is pitching to fleet operators is the EV's 'reverse trike structure', which reduces parking challenges and optimizes storage, offering better maneuverability in dense urban areas. "The vehicle has undergone over 100,000 km of rigorous testing in diverse conditions to meet stringent safety and performance standards," Gensol added.

    Moneycontrol News
    first published: Jan 28, 2025 12:01 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347