{"id":19139,"date":"2024-12-16T12:47:07","date_gmt":"2024-12-16T12:47:07","guid":{"rendered":"https:\/\/popularreads.co\/svm-committed-to-making-india-a-global-leader-in-sustainable-transportation-and-redefine-the-urban-mobility\/"},"modified":"2024-12-16T12:47:07","modified_gmt":"2024-12-16T12:47:07","slug":"svm-committed-to-making-india-a-global-leader-in-sustainable-transportation-and-redefine-the-urban-mobility","status":"publish","type":"post","link":"https:\/\/popularreads.co\/?p=19139","title":{"rendered":"SVM committed to making India a global leader in sustainable transportation and redefine the urban mobility."},"content":{"rendered":"
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\n \t<\/i> Read Time:<\/span>3 Minute, 54 Second <\/div>\n\n <\/div>

Chennai, India 16-December 2024:<\/strong> SRIVARU Holding Limited (Nasdaq: SVMH, SVMHW) (“SRIVARU” or the “Company”), a leader in <\/span><\/span>premium electric motorcycles<\/u><\/span><\/span><\/a>, proudly announced the inauguration of its newest authorized dealership, CBM Motors, in Coimbatore, India. This milestone highlights SVM\u2019s dedication to expanding its footprint and making high-performance, eco-friendly electric motorcycles accessible to Indian consumers. The showroom, strategically located in the heart of Coimbatore, caters to the rising demand for sustainable two-wheeler transportation. CBM Motors will showcase SVM\u2019s flagship <\/span><\/span>PRANA 2.0<\/u><\/span><\/span><\/a> series, including the Grand and Elite models. These cutting-edge motorcycles offer state-of-the-art safety features, innovative technology, and an impressive range of up to 250 kilometers per charge.<\/span><\/span><\/p>\n

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At the inauguration, Mohanraj Ramasamy, CEO of SVM, said<\/strong> \u201cThe opening of our authorized dealership in Coimbatore marks a pivotal moment in our journey to redefine urban mobility in India. CBM Motors will serve as a gateway for the people to experience the future of transportation\u2014a blend of performance, affordability, and sustainability. Our PRANA 2.0 models are designed not just to meet but to exceed the expectations of modern riders.\u201d<\/span><\/span><\/p>\n

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He added,<\/strong> \u201cOur vision is to establish a nationwide network of dealerships to make sustainable transportation a reality for all Indians. The response to our PRANA 2.0 series has been phenomenal, and we are committed to meeting this demand by rapidly scaling our distribution network. We see significant potential for growth in both urban and semi-urban markets, where the need for affordable, eco-friendly transportation is growing exponentially. As a hub of innovation and forward-thinking consumers, Coimbatore is the ideal location to introduce our premium electric motorcycles. With CBM Motors as our trusted partner, we are confident in the adoption of our advanced, eco-friendly technology. This partnership is a step forward in making India a global leader in sustainable transportation.\u201d<\/span><\/span><\/p>\n

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Adron Leow, CFO of SVM said<\/strong> \u201cCoimbatore is a home market for us. The opening of CBM Motors aligns perfectly with our broader expansion plans. Our goal is not just to sell motorcycles but to build a robust, localized ecosystem supporting sustainable transportation. The overwhelming response to the PRANA 2.0 series has motivated us to accelerate showroom openings across key Indian cities. Hence we were planning to do more investments upcoming months in our dealership network. Our partnerships are grounded in shared values of innovation, sustainability, and performance. CBM Motors embodies these principles, and we\u2019re excited to work together to offer exceptional products and services to our customers.\u201d<\/span><\/span><\/p>\n

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The PRANA 2.0 series, available in Grand and Elite models, is setting new benchmarks in the electric motorcycle segment. Key features include:<\/span><\/span><\/p>\n