The launch of the new products is in line with the growing demand for e-bikes in India,triggered by the rising awareness of a healthy and active lifestyle. GoZero’s CEO, Ankit Kumar, said, “The pandemic has triggered and propelled the need for people to take health seriously. We have seen a sudden increase in e-bike sales globally. Our core aim at GoZero is to continuously develop exceptional products that become an aid for people to adopt an active lifestyle. We are launching the Pro version of Skellig, launching our Make.Fit series of active performance wear and releasing our new toll-free lines for our customers.”

Headquartered in Birmingham, the company entered the Indian market in April 2019 with the launch of two e-bikes. To introduce the products in the market, GoZero has partnered up with Kirti Solar based in Kolkata, for the development and manufacturing of current and future products, utilising the global supply chain to “Make in India”. As a part of the association, Kirti Solar has invested USD 250,000 in GoZero Mobility.

Skellig is powered by the EnerDrive 210Wh lithium battery pack (800 cycles), 250W motor and comes with several modes including Throttle Mode, 5-level Peddle-Assist Mode, Walk Mode, and Cruise Mode. The model has an alloy stem handle and features 26x1.95 tyres and a premium counter-body suspension fork.

Skellig Lite combines the EnerDrive 210 Wh lithium battery pack (800 cycles) and 250W motor with three modes. It features an alloy stem handle, with 26x1.95 tyres, specialised V-brakes and an independent rigid suspension fork. Both the models have a maximum speed of 25 kmph with a range of 25 km on a single charge.The EnerDrive Battery packs can be charged in just 2.5 hours.

The company has also introduced a Pro version which is a hybrid e-bike for off-roading and city commute both. Powered by EnerDrive 400 Wh lithium battery pack (2000 cycles), it is supported by a composite mild steel frame, 7-speed gear system with an advanced front suspension fork, an alloy stem handle and disc brakes for both wheels.

Besides, it has Control Version 4.0 LCD and a flashlight with a guide-me-home enabled lighting system. The maximum speed of this model is 25 kmph and powers through for 70 km range in a single charge, which takes around three hours to recharge from 0-95 percent.

According to Kumar, the e-bike market in India is growing three folds every year. Last year 6,000 units were sold, of which the company had a share of 30 percent. This year, the industry sees tremendous growth due to focus on health and social distancing, clocking around 19,000 units. Though the e-bike is a niche market, it fits in between two segments-the bicycle and the two-wheeler industry, which have a sales volume of 16 million and 21 million units, respectively.

“E-bikes become the right option for both types of consumers- first who want to an e-bike for commute and do not want pay big amounts on scooters or motorcycle and for those, a larger group, who want e-bikes for commuting purpose and healthy lifestyles as well. We focus on to offer the right mix of technology, cost and quality,” said Kumar.

Skellig and Skellig Pro, are being sold through online and offline routes, while the Skellig Lite is being sold through online platforms. About 75 percent of the sales comes from offline, while the rest comes from online portals.

After launching of its two models, the One and the Mile, last year, the company realised that there are larger numbers of people who want to buy an e-bike in the range between INR15,000 to INR 20,000. However, there is no company which offers e-bikes in that range. Therefore, it launched Skellig Lite for INR 19,999.

To expand business, the company is doubling its dealers to 100 by January 2021. The company is taking entrepreneurs on board, and the programme is called direct sales partners. Explaining this programme, Kumar said, this is for individuals who have a passion for sales and wants to start their own business but does not have capital. “If a person has sales experience, he can join us as a direct sales partner. We give him/ her all collaterals- the marketing materials-and if the person cracks a deal with an individual or a corporate, the direct sales partner gets a commission. They don’t need to keep an inventory.”

As of now, the company has over 100 direct sales partners and, in the last three month, it has converted seven direct sales partners into the dealers.

The company is also expanding its experience centres in India from three to five soon.

Kumar said, “Our dealers get a margin of up to 16 percent on e-bikes and we also offer good margins on the active performance wears which have been launched by the company recently.”

The company gives a warranty of two years on each e-bike and provides two free services in the first year. The company is increasing local authorised technicians, whose data will be updated soon on the company website, to have e-bike serviced at home. It is also working on having partnerships with service providers such as GO Mechanic to avail services where the company dealers and technicians are not available as of now.

On the possibility of price reduction, Kumar said, “We will be trying to reduce the prices of our products further, but there is a threshold. We cannot bring down the prices after one level as we do not compromise on the quality of our e-bikes. Main costs of any e-bikes come from batteries, motors, and controllers. Until India does manufacture cells and make batteries locally, it will be difficult to bring down the prices after a certain level.”

The company has a manufacturing unit near Kolkata with a capacity of 12,000 units per annum. To support speedy deliveries it is also exploring to build a facility in North India, which will have a capacity of 20,000 per year.The company is facing significant challenges on the logistic for delivery of the products due to COVID. According to Kumar, delivery time and cost have doubled thanks to COVID. “We do not see the logistic business will come back on track at least for the next one year and that is the one the reasons to open a plant in North so we can cater to north and west market more efficiently,” said Kumar.

Last year the company sold around 1,150 units, and for this year, it targets to sell about 2,000 units. “Due to the lockdown, we have revised our sales target from 3,000 units to 2,000 units for this FY.” Majority business for the company comes from south India, particularly, Hyderabad, Bengaluru and other cities, where technology adaption is faster.

To enhance e-bikes’ experience, the company has launched comfort apparels. Most of the amateur cyclists do not feel comfortable wearing skintight spandex. It has developed active gears, specifically design to bend tech with comfort and style. “We have introduced active gears which are comfortable and durable products and allows more breathability to users,” Kumar added. (MT)

Comments (0)

ADD COMMENT

Link Copied!

TomTom, the location technology specialist, has announced the appointment of Mike Schoofs as Chief Executive Officer and a member of the Management Board. The decision was formalised following approval by shareholders at the company’s Annual General Meeting (AGM). The AGM also confirmed the appointment of Co-founder and former CEO Harold Goddijn to the Supervisory Board, alongside Joep van Beurden, while Derk Haank was reappointed as a member.

Schoofs joined TomTom in 2005 after holding positions at KPN-Orange and Samsung. During his tenure, he has served in various commercial leadership roles globally and within specific regions. In 2023, he assumed the role of Chief Revenue Officer, where he managed the company’s commercial strategy and expanded its enterprise business footprint. A Belgian national based in Amsterdam, Schoofs also serves as an advisor to several European startups.

The leadership transition occurs as the company focuses on the integration of artificial intelligence within location intelligence and the provision of data for its partners. TomTom’s strategy remains focused on scaling its commercial presence across all business segments under the new executive structure.

Derk Haank, Chairman of TomTom’s Supervisory Board, said, “Mike brings extensive commercial leadership experience and deep knowledge of TomTom’s business, built over more than two decades with the company. We are confident that he is well positioned to lead TomTom in its next phase.”

Mike Schoofs, said, “I’m excited to lead TomTom at a moment when location intelligence is reaching a decisive turning point, accelerated by AI and the growing need for trusted, real‑world data. I look forward to creating lasting impact for our customers and our partners.”

Comments (0)

ADD COMMENT

Link Copied!

IVECO BUS Academy is incorporating virtual reality (VR) into its training curriculum to support the maintenance and operation of electric vehicles across Europe. The initiative follows a year in which the academy trained 6,100 people across 800 sessions in 2025. This integration aims to address the technical skills required for high-voltage vehicle systems while ensuring safety and operational efficiency.

The use of VR technology allows trainees to perform maintenance procedures in a simulated environment, eliminating physical risks associated with incorrect handling of electrical components. The immersive system enables repetitive practice of technical operations and reproduces complex scenarios that are difficult to simulate in conventional training environments. By utilising these tools, the academy seeks to improve knowledge retention and the long-term proficiency of technical teams.

The academy provides training tailored to the requirements of transport operators, updating its content to reflect changes in energy sources, vehicle technology and industry regulations. These programmes are delivered both at the academy's facilities and on-site at customer premises. The deployment of VR is intended to reduce downtime for vehicle fleets by improving the diagnostic capabilities of service personnel.

Teresa Magno, IVECO BUS Academy, said, “At IVECO BUS Academy, we know that delivering sustainable mobility extends far beyond the product itself. A vehicle is only truly efficient when it is supported by the right services. Fleet availability also relies on the expertise of skilled teams. As technologies evolve, so do the competencies required for diagnostics. With these new educational tools, IVECO BUS Academy confirms its ambition to provide comprehensive solutions, where training becomes a real driver of performance, safety and customer satisfaction.”

Comments (0)

ADD COMMENT

Link Copied!

IndiGo Ventures has completed a INR 100 million strategic equity investment in Sarla Aviation, marking a formal entry into the Indian electric vertical take-off and landing (eVTOL) sector.

The funding was part of a recent round led by Accel and Nikhil Kamath. The partnership is intended to establish an infrastructure for air taxi operations across India, specifically targeting transport corridors between zero and 300 kilometres.

Sarla Aviation is a startup focusing on the development of hybrid-electric aircraft platforms. The firm operates a private eVTOL demonstrator and employs an engineering team with previous experience at international firms including Lilium, Joby and Volocopter.

By utilising electric flight technology, the company aims to provide transport services for airport transfers, inter-city commutes and emergency medical runs at lower costs than traditional helicopter services.

The collaboration pairs Sarla's hardware development with the operational infrastructure of IndiGo, India's largest airline. At present, IndiGo operates over 2,000 daily flights across 85 airports and maintains a national network of maintenance, repair and overhaul (MRO) facilities. This investment aligns with global trends where major carriers, such as United Airlines and Delta Air Lines, have backed eVTOL manufacturers to secure future urban air mobility solutions.

Beyond passenger transport, the investment is expected to influence the domestic aerospace supply chain, including the production of composites, avionics and battery systems. Potential routes identified for future operations include Bengaluru Airport to Electronic City and Gurugram to Noida, which could see transit times reduced from over 90 minutes to approximately 15 minutes.

Adrian Schmidt, Co-Founder & CEO, Sarla Aviation, said, “IndiGo’s investment marks a turning point — not just for Sarla, but for the future of how India moves. For decades, Indians have accepted that distance means delay, that geography is a constraint you live with. We believe that era is ending. Having IndiGo — the airline that made flying accessible to hundreds of millions of Indians — stand behind this vision gives it a weight and credibility that we could not have built alone. India has always dreamed big. Now we have the partners to match the dream.”

Comments (0)

ADD COMMENT

Link Copied!

German technology company Robert Bosch has announced its 2030 strategy, prioritising technological leadership in automation, electrification and artificial intelligence (AI) to navigate a challenging global economic environment.

Despite geopolitical tensions, the group reported 2025 sales revenue of EUR 91 billion, a slight increase from the previous year. For 2026, the company expects sales growth of 2–5 percent and an improved EBIT margin from operations between 4–6 percent.

The 2025 financial results were impacted by structural and personnel adjustments, resulting in provisions of EUR 2.7 billion. These measures reduced the EBIT margin from operations to 2 percent, down from 3.5 percent in 2024. However, the group maintained a high level of investment, dedicating EUR 12 billion to research, development and capital expenditure. Bosch remains a prolific patent applicant, registering approximately 6,300 patents in 2025.

A primary focus for the company is the advancement of sensor technology and automotive software. The global market for sensors is projected to exceed USD 440 billion by 2031, and Bosch is positioning its BMI5 sensor platform for applications in robotics and automated driving.

In the mobility sector, the firm secured orders worth EUR 10 billion in 2025 for driver assistance solutions and central vehicle computers. The group also expects to deliver more than 7 million components for electric vehicles this year.

The company is diversifying its reach through regional partnerships, including a joint venture with Tata AutoComp Systems in India to manufacture electric motors and axles. In the consumer goods sector, artificial intelligence is being integrated into products such as home appliances and professional power tools to drive sales.

To support future investments and improve capital market access, Bosch will begin publishing interim consolidated financial statements. The group's equity ratio remains high at 41.6 percent, with a positive free cash flow of EUR 300 million recorded in 2025. Total headcount saw a slight reduction of 1 percent during the year, ending with 412,774 associates worldwide.

Stefan Hartung, Chairman of the Board of Management of Robert Bosch, said, “Bosch can deliver the future – even under unfavourable conditions. 2026 will be a year of progress. As a global technology leader, we are committed to shaping the trends of automation, digitalization, electrification, and artificial intelligence, as this also paves the way for profitable growth in our business. An important prerequisite for this are the cost-cutting effects of the structural measures we have already initiated and innovations in all business areas.”

Markus Forschner, Member of the Board of Management and Chief Financial Officer, Robert Bosch, said, “Competitiveness is the foundation for profitable growth – it secures our investments for the future. This strengthens our resilience in the face of upcoming challenges and at the same time boosts our investment capacity for the future.”

Comments (0)

ADD COMMENT

Link Copied!