To get access to over 10000+ Franchise Business Opportunities.
Network with the growing Business Community to get expert interventions to let you learn to Grow & Expand your Business with Franchising.
MOVAENERGY: Pioneering the Future of Electric Mobility in India
In an era where sustainable transportation is paramount, MOVAENERGY emerges as a beacon of innovation and commitment to eco-friendly solutions. Founded in July 2022, MOVAENERGY Private Limited is an Indian electric vehicle (EV). With a vision to revolutionize urban mobility, the company specializes in manufacturing and deploying electric two-wheelers tailored for both consumers and businesses.
Incorporation and Leadership
MOVAENERGY was incorporated on July 22, 2022, under the Corporate Identification Number (CIN) U34100TG2022PTC165094. The company is led by a dynamic team, including directors Jagini Vamsi Krishna and Mohana, who bring a wealth of experience to the organization.
Business Model and Operations
Operating as a private limited company, MOVAENERGY focuses on the manufacture of motor vehicles, specifically electric two-wheelers. The company aims to address the growing demand for sustainable transportation options in urban areas. With an authorized capital and a paid-up capital of MOVAENERGY is positioned to scale its operations and impact .
Electric Two-Wheelers
At the core of MOVAENERGY's offerings are its electric two-wheelers, designed to meet the diverse needs of urban commuters and businesses. These vehicles are equipped with advanced features to ensure performance, safety, and user convenience.
Key Features:
EVR 2.0 Hybrid Motor and Controller: The vehicles are powered by the EVR 2.0 Hybrid Range Extended System, featuring a 2000 W hybrid power motor and a specially designed controller optimized for Indian road conditions. This system intelligently adjusts power output to maximize range and efficiency .
Smart Removable Battery: Equipped with a 2.2 kW NMC lithium battery, users can monitor and control battery status via a dedicated mobile app, allowing for efficient charging and maintenance.
7-inch Android Display: The vehicles feature an integrated Android display with Google Maps navigation, media playback capabilities (including Spotify and YouTube), and Bluetooth connectivity for calls and messages, enhancing the overall user experience.
Battery Rental and Subscription Model
MOVAENERGY introduces an innovative battery rental and subscription model, allowing users to access electric two-wheelers without the upfront cost of battery purchase. This model is particularly beneficial for gig workers and businesses that require flexible and cost-effective transportation solutions.
EVR 2.0 Hybrid System
The EVR 2.0 Hybrid System is a testament to MOVAENERGY's commitment to technological innovation. This system combines a powerful motor with an intelligent controller that adapts to varying road conditions, ensuring optimal performance and energy efficiency. By continuously monitoring and adjusting parameters, the system extends the vehicle's range and enhances reliability.
Smart Battery Management
The integration of a smart, removable battery with mobile app connectivity empowers users to monitor their battery's health and performance in real-time. This feature promotes proactive maintenance and extends the lifespan of the battery, contributing to the overall sustainability of the vehicle.
User-Centric Interface
The 7-inch Android display serves as the central hub for user interaction, providing navigation, media, and communication functionalities. This intuitive interface ensures that users have a seamless and enjoyable riding experience, with easy access to essential features.
Target Segments
MOVAENERGY's products cater to a wide range of users, including:
Urban Commuters: Individuals seeking cost-effective and eco-friendly transportation options for daily commutes.
Gig Workers: Delivery personnel and freelancers who require reliable and affordable vehicles for their work.
Businesses: Companies looking to deploy electric two-wheelers for logistics and employee transportation, contributing to their sustainability goals.
Partnerships and Collaborations
MOVAENERGY actively seeks partnerships with e-commerce platforms, logistics companies, and other businesses to deploy its electric two-wheelers. The company's battery rental and subscription model offers a flexible solution for businesses looking to integrate sustainable transportation into their operations.
Environmental Benefits
By promoting the adoption of electric two-wheelers, MOVAENERGY contributes to reducing greenhouse gas emissions and air pollution in urban areas. The shift from fossil fuel-powered vehicles to electric alternatives aligns with global efforts to combat climate change and promote environmental sustainability.
Economic Accessibility
The battery rental and subscription model lowers the barrier to entry for individuals and businesses, making electric mobility more accessible. This approach supports the growth of the gig economy and provides employment opportunities in the electric mobility sector.
Community Engagement
MOVAENERGY engages with local communities to raise awareness about the benefits of electric mobility. Through educational initiatives and outreach programs, the company fosters a culture of sustainability and innovation. As the demand for sustainable transportation solutions continues to rise, MOVAENERGY is poised for significant growth. The company's focus on innovation, customer-centric services
Operations Commenced On 2023
Distribution Commenced On 2025
Types of Channels | Investment (If any) | Margin / Commissions | Area Requirement |
---|---|---|---|
Dealer | Rs. 30lakh - 50lakh | 40% | NIL |
Exclusive territorial rights to a channel partner Yes
Anticipated percentage return on investment 40 %
Likely pay back period of capital for a Channel Partner 1-2 Years
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this dealership opportunity Commercial
Floor area requirement 1000 - 1200 Sq.ft
Do you have a standard dealership agreement? Yes
How long is the dealership term for? 4 Years
Is the term renewable? Yes
Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.
Thanks for showing your interest in MOVAENERGY.
Your contact detail has been shared with the company. requested you to create your investor profile and upgrade to directly contact the brand.
Thanks for showing your interest in MOVAENERGY.
But you have already applied for MOVAENERGY.
Business Opportunities
Browse By Investment Range
Browse By States
Popular Cities