The joint venture is expected to attract investment of between £30m and £40m and will be established at Coventry University Technology Park in the UK. Development of the product has already begun, and the current launch date is his early 2025.
The vehicle itself is planned to “seamlessly integrate advanced technology and sustainable design principles.” It has a range of 250 kilometers, a top speed of over 100 kilometers per hour, and features an “AI-based powertrain platform that provides user-friendly troubleshooting and fast onboard charging.”
“After achieving success in the electric two-wheeler commuter segment, PURE EV is excited to enter the premium scooter segment.” said Rohit Vadera, CEO of PURE EV. We are ready to pioneer and bring to market products that not only meet but exceed our customers’ expectations. We offer premium products in every way that are accepted in selected countries in India and international markets. Our joint venture with PDSL is the right step towards achieving this goal.”
Steve Simplay, Director of Manufacturing Supply Chain Solutions at PDSL, added: “Located in the heart of the West Midlands, PDSL will leverage its unrivaled electrification engineering and supply chain capabilities to enhance future growth in the newly established electric vehicle industry. Joint Venture PDSL currently supports multiple electric vehicle OEMs through their electrification efforts and will also support the development of solid-state batteries, with PURE having a robust portfolio of over 120 IP applications. EV already operates a network of over 150 stores with a vision to expand the business globally through PDSL’s expertise.
Source: Information via email