KETO Motors & Saera Electric Join Hands to Build Electric Three-Wheeler Firm

KETO Motors & Saera Electric Join Hands to Build Electric Three-Wheeler Firm

KETO Motors and Saera Electric have forged a partnership in the electric vehicle industry, giving rise to Saera Keto EV Private Limited.

Branded as Saera Keto, these E3Ws will boast fast charge technology, a Vehicle Control Unit (VCU), and top-tier safety and comfort for drivers and passengers alike.

Saera Electric is one of the biggest players in the L3 range of electric three wheèler (e-rickshaw) while Keto Motors designs and manufactures L5 range of electric three-wheelers (e-auto)  for passenger and cargo use.

Saera Keto EV Private Limited’s strategic blueprint encompasses presence across India, with an initial network of over one hundred dealers, projected to grow to 250 dealers within a year. This expansion strategy ensures accessibility of L5 Electric autos  in major metros, tier 2 & tier 3 cities. The joint venture intends to support India’s ambitious emissions reduction commitments and drive towards 80% electrification of the 3-wheeler and 2-wheeler fleet by 2030.

Nitin Kapoor, Founder & Director of Saera Electric, expressed enthusiasm for the partnership, affirming the commitment to providing eco-friendly and technologically advanced vehicles that cater to Indian consumers’ needs.

Saera Keto’s offerings will encompass high-speed electric passenger and cargo vehicles. Manufactured at facilities in Telangana and Haryana, these state-of-the-art E3Ws will be priced competitively, and the venture plans to launch six new products within six months.

Dr Karthik Ponnapula, Founder of KETO Motors, commented on the partnership, stating, “The JV will be offering the largest product range of E3Ws in the industry with the launch of 6 new products within 6 months. These advanced technology products have been designed to meet the requirements of key customer segments With ETO’s fleet management expertise and Trinity Cleantech’s deployment of electric vehicle chargers, the EV ecosystem is now poised to take off.”

Last year, Saera signed a contract manufacturing agreement with ETO Motors, a provider of EMaaS (Electric Mobility as a Service) and CaaS (Charging/Energy as a Service) solutions.