Boom Motors launches production with promise
to transition India to clean mobility
Boom Motors from Coimbatore enters Indian EV space
with laser-focused strategy to transition India to clean mobility
Their first product – the Boom Corbett is the most
durable bike in India with best-in-class warranty of 7-years on chassis and
5-years on battery
The bike is fully designed and developed in India
for Indian driving conditions
First EV company to introduce swappable smart
batteries with portable chargers to remove India’s dependence on charging
infrastructure
First EV company to offer 5-year EMI on vehicle
purchase to reduce EMI rates as low as Rs. 1,699 per month
First EV company to have service touchpoints across
the country
Bike packed with intelligent features like petrol
savings tracking, CO2 offset tracking, accident/theft detection, and parental
mode
Chennai, 11th November 2021: With India pushing
towards the target of 100% Electric Vehicle Nation by 2030, Boom Motors, the
new high-tech Indian EV brand from the state of Tamil Nadu, is born to
accelerate the country’s transition to clean mobility through indigenous
high-performance electric vehicles that suits the Indian conditions.
“I believe that climate change is the biggest
threat in front of us and have made it our mission to eliminate the largest
sources of pollution in India – vehicular pollution” said Anirudh Ravi
Narayanan, CEO of Boom Motors.
The company today unveiled the Boom Corbett –
India’s most durable and long-lasting bike. The bike features a 2.3 kWh– which
can optionally be doubled to 4.6 kWh – giving the vehicle a best-in-class range
of up to 200 kms. The batteries are swappable and they come with a portable
charger that can plug into any household socket thereby removing the
requirement for charging infrastructure. The vehicle can hit a top-speed of 75
kmph with the two-battery option, can support 200 kgs loading, and can climb
the steepest gradients in our cities.
Speaking about Boom Motors’ launch Anirudh said,
“In order to fuel the transition to EVs, Boom Motors believes that vehicles
should offer value, convenience and peace-of-mind to the customer – only then
they will swich en masse. To demonstrate our best-in-class value, Boom Motors
is the first EV company to offer customers to purchase our vehicles for 5-year
EMI. Rates will start at Rs. 1,699 per month – which is less than what many
people spend on petrol. For convenience, we are offering swappable battery with
a portable charger that will allow the bike to be charged anywhere. Today many
people struggle with charging in apartments, offices, malls, etc. – we are
freeing people of this problem. For peace-of-mind, we are offering service
touchpoints across the country, roadside assistance and of course an unbeatably
durable bike that will have minimal downtime to begin with.”
Speaking about Boom Motor’s journey so far he
added, “Climate change is globally a very important issue and I believe we have
no time to waste. My co-founder Vinoth and I, and the entire team at Boom
Motors have worked non-stop and tirelessly over the past two years to bring
this product to market in record time. We have built a factory in Coimbatore
capable of manufacturing 100k bikes per year – unlike many other EV startups,
our production has already started, and we are in the process of ramping up. We
have localized supply chain not just to India, but inside Tamil Nadu for a
significant portion of our parts, and have created hundreds of jobs in the
process.
We have built perhaps the best EV R&D team in
the whole country. I’m very proud of our teams’ accomplishments – we have
created many patents on key technologies that are going to give India a
technological advantage on EVs. For example, we have developed perhaps the best
battery tech in India – the battery is completely fire-proof and very
long-lasting - we are able to provide 5-year warranty on it vs. 3-years that is
typical. Also the battery itself is super intelligent – running its own
operating system inside.
We have done all this in a bootstrapped manner –
without any external VC/PE investment – the first company in India to do so.
However, our journey is just beginning – this is only our first product and our
first factory – you are going to see a lot more unique and innovative products
coming out from us in the near future. After all, India is a country of a
billion people – we can’t hope to satisfy the tastes of our people with a
single vehicle.”
On the Boom Corbett: “Boom Corbett is unlike any
other bike in the world. It’s beauty, beast, and brains combined. It’s an
absolute stunner – you’ll see people everywhere turning their heads as you
drive by on this bike. It’s also arguably the strongest, toughest, most durable
bike – not just in India – but the whole world. We’ve built the bike to last
with an exo-skeletal double cradle chassis made of high-tensile steel. This is
a bike that can take the rider anywhere they want to go – it’s not another
flimsy scooter EV made for urban driving. It’s also packed with intelligent
features like petrol savings calculation, accident and theft detection, and
parental model. We’re able to offer all of this at an unbelievable pricing of
Rs. 89,999, or even lower with state subsidies.”
Boom Motors is opening up bookings for its bike
from tomorrow Nov 12th, 2021. The online booking requires a Rs. 499 deposit in
order to confirm the introductory discount of Rs. 3k, and to hold a position in
queue for deliveries. The company will commence retail deliveries from Jan
2022.
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