SRIVARU (SVMH) Announces the Completion of State-of-the-Art Factory and Fully Automated EV Motorcycle Manufacturing Facility
SRIVARU Holding Limited (SVMH)
Company Research
Source: GlobeNewswire
GRAND CAYMAN, Cayman Islands and COIMBATORE, India, May 28, 2024 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH; SVMHW) (“SRIVARU” or the “Company”), a provider of premium electric motorcycles, today announced the completion of its cutting-edge manufacturing facility in Coimbatore, India. This milestone marks a significant achievement in SRIVARU's mission to revolutionize the e-motorbike industry in India. The newly completed factory is equipped to begin immediate monthly production of an initial estimated 2,000 units of the PRANA 2.0, a cutting-edge performance electric vehicle (EV) designed with a focus on value. The factory also has the capability to swiftly upscale to meet expected growing demand for the PRANA 2.0 and our other motorcycles in development of over 4,000 units per month. The factory features a state-of-the-art automated testing line for our fully assembled electric motorcycles. This advanced system ensures the highest precision and quality for each mo
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News
- SRIVARU (SVMH) Announces PRANA 2.0 Electric Motorbike will be Available to Order Online Beginning June 16th with First Shipments to Commence in early Q3 2024GlobeNewswire
- SRIVARU (SVMH) Announces Extraordinary General Meeting of ShareholdersGlobeNewswire
- SRIVARU (SVMH) to Present at the Spring MicroCap Rodeo Conference on June 6thGlobeNewswire
- SRIVARU (SVMH) to Present at the Spring MicroCap Rodeo Conference on June 6thGlobeNewswire
- SRIVARU (SVMH) CEO Mohan Ramasamy Discusses Latest Developments Related to PRANA 2.0 on Proactiveinvestors.comGlobeNewswire