EV start-up BGauss crosses 1 lakh sales, targets 50,000 units by FY27-end

BGauss, an electric two-wheeler maker backed by the Ram Ratna Group, has achieved a significant milestone by selling over 1 lakh vehicles cumulatively. The company is now aiming to close the current financial year with sales of nearly 50,000 units. This growth is supported by the recent launch of the C12 MaxR model, which is designed to compete in the premium segment of the market.
For investors, this milestone signals strong market acceptance for the brand and validates its expansion strategy. Achieving such volume targets is crucial for BGauss to secure a position among the top five electric two-wheelers in India. This progress indicates the company's ability to scale operations and capture a larger share of the growing EV sector.
Moving forward, investors should monitor the company's production capacity and the pace at which it can fulfill its sales targets. The success of the C12 MaxR and the company's ability to maintain this momentum will be key indicators of its long-term growth potential in the competitive EV landscape.
Excerpt from BusinessLine
It took nearly four years for Hemant Kabra, Managing Director of Mumbai-based electric two-wheeler start-up BGauss, to take the company past 1 lakh cumulative retail sales. He now plans to cover almost half that journey again in a single year, targeting close to 50,000 units by the end of FY27 as strong electric…Read the original at BusinessLine
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