BattRE crosses 300 dealerships across 19 states; poised to launch new products in the market
New Delhi, 19 January 2022: BattRE, a tech-driven company, one of India’s fastest growingEV start-ups, has crossed 300 dealerships across 19 states and further plans to ramp that up to700 dealerships by FY23 exit. This expansion of their dealer network will be supported by two brand new additions in their product portfolio, a high-speed electric scooter and a high-speed electric bike. With these offerings, BattRE will be bring in a whole new breed of electric two wheelers in the market. The company is eyeing a revenue in excess of 450 crore in the financial year 2022-23 which is a 300 percent jump compared to the revenue in FY 2021-22. In addition to the targeted financials, the company is also looking at an additional investment of INR 100 crores to ramp up production capacities, expand dealer network, launch…