Scooters And One Wheels

Xiaomi is analyzing a potential entry into the electrical scooter bicycle market

India’s leading mobile device provider, Xiaomi, is examining a possible entry into the electric scooter and bicycle market and is joining another disruptor, Ola Electric, which is entering the two-wheeler market, which has so far been dominated by well-known names. A few days ago, Ola Electric announced that it would invest 2400 rupees and set up a plan to produce 10 million electric scooters per year in the first phase by next year and challenge Bajaj, TVS and Hero MotoCorp.

Now Xiaomi India could throw its spike into the ring. It turns out that the company has a …

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First published: Sat, March 20, 2021. 6:10 am IST

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