The electric motorcycle will have a range of 150 kms.
Okinawa was established back in 2015, having technical collaboration with a Japanese company. They successfully sold 45,000 units in the last financial year and are targeting a sale of 75,000 units and above this year. Intriguing stuff is the company’s heavy localisation at 90% with 8 models on sale.
It is expected that the concerned bike will have a lithium-ion battery pack with a BLDC motor, LED headlamp, a digital instrument panel with Bluetooth connectivity and a front-rear disc setup with single-channel ABS. The bike is supposedly going to have a range of 150 kms on a full charge with a top speed of 100 km/hr. It is expected to cost around Rs. 1 lakh (ex-showroom). The rest of the technical specifications are still under covers.
The Praise Pro from Okinawa is the second most expensive scooter of their line-up, at Rs. 72,000/-. This scooter has a range of 110 kms in the Eco mode and a top speed of 70 km/hr in Turbo mode. Similarly, the iPraise+ sits on the top at Rs. 1,08,000/-. It has a range of 160 kms and a top speed of 70 km/hr (all prices, ex-showroom).
Okinawa is also preparing a Rs. 200 crores manufacturing plant in Bhiwadi, Rajasthan. It is likely to have a huge capacity of 1 million units. Their current plant is located in Alwar, Rajasthan.
The upcoming model is going to face serious contention from other companies like Revolt Motors, Benling and Bharat Forge-backed Tork Motors. With the Revolt Motors’ introduction of the RV400, a lot of hustling and interest has been awakened up in this segment. Later on, Pune-based EV start-up, Tork Motor’s T6X is also going to bring some heat.
Okinawa’s current range enjoys subsidy varying from Rs. 7500/- to Rs. 22,000/-, because of the Indian government’s FAME-II subsidy scheme. The electric bike is likely to hit the market at the beginning of 2020.
Okinawa Electric Motorcycle
– Expected to cost around Rs. 1 lakh
– The company is setting up a new plant in Bhiwadi, Rajasthan
– Product localisation lies at 90%
Source – MoneyControl.com