BGauss Auto is planning to make an investment around Rs 40 crore to double production capacity.
The company will raise the production capacity to two lakh units annually by 2023. The company plans to have five to six products in the high-speed electric scooters segment after two years.
The company’s manufacturing plant at Chakan in Pune, at present, has an annual capacity of one lakh units and can be scaled up to two lakh units. The company is also accelerating its network expansion to fuel its growth.
At present, the company has close to 100 dealerships, 52 are active and 48 will be active by next one month. The company is targeting to have close to 250 dealerships in 160-odd cities by March 2023.
