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Stella Moto Plans Retail Expansion in India

AutoEV Times by AutoEV Times
January 19, 2023
in News, Startup
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In order to take advantage of the e – scooter boom, Stella Moto, among the largest rising start-ups in mobility sector, will expand its global stores in India. The company will aggressively expand its presence in micro-Tier-2 and Tier-3 markets while focusing on increasing operations within Tier-1 cities like Delhi, Telangana, Karnataka, Maharashtra, and Telangana.

The company desires to reach more customers through its dealership. Along with primary dealers, the brand also intends to target sub-dealers as it widens its reach. Stella Moto has streamlined the application process and moved the entire process online in an effort to draw dealers.

Commenting on the rapid expansion & growth, Nakul Jaidka –CEO & Founder Stella Moto said, “Stella Moto’s network presence is strategically expanding, which is a testimony to the encouraging response received from our customers and dealer partners. Today, Stella, in a very short period, has already established intensive sales & post-sales network, which has built a strong sense of confidence among its customers across the country. An increasing network presence will help us address demand across segments and strengthen customers’ trust in our brand.”

Recently, Stella Moto confirmed the RTO-approved e – scooter Buzz. The company will shortly bring its dispatch two-wheeler model with the aim of redefining the delivery space. With two production plants in Howrah, West Bengal, and Hosur, Tamil Nadu, the group company Jaidka, a pioneer in the automotive industry for more than 80 years, has the capacity to produce 20,000 vehicles annually. It intends to increase the Manufacturing setup to 100,000 units. By 2024, the company hopes to have all operations conducted locally.

Tags: e-scooterEVmicromobilityMobilityStella Moto
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