In a joint venture partnership with Al-Abdullah Group, Qatar, Kabira Mobility, the company behind KM3000 and KM4000 electric motorcycles, has announced its investment of INR 300 crore for setting up an electric two-wheeler manufacturing plant in Jhewar, Uttar Pradesh.
The new manufacturing plant, with a capacity of 120,000 units per month, will be spread over 50 acres of land, will have eight assembly lines, and be equipped with a fully automated inventory management system, robotic chassis welding line, and a fully automated battery pack assembly and testing line.
Jaibir Siwach, the CEO, Kabira Mobility, noted that this new facility is expected to generate direct and indirect employment opportunities for 7,000 individuals.
He said, “This investment will not only help us in keeping pace with the increasing demand but also provide a solid foundation for our future growth plans. The best-in-class infrastructure and a lean manufacturing approach at the plant will enable us to produce top-quality products that meet the evolving needs of our customers.”
Manoj George, CEO, Al-Abdulla Group, added, “Our investment aligns perfectly with our group's vision of investment in the renewable energy sector. By partnering with Kabira Mobility, we are strengthening our position in the renewable energy industry and expanding our reach into new markets in the Middle East and African regions. This partnership not only opens the doors to the global electric two-wheeler market but also positions Kabira Mobility as a dominant player in the electric bike segment both domestically in India and globally.”
Kabira Mobility is expected to have an annual production capacity of 14.4 lakh units in the North India plant and 4.8 lakh units in the South India plant. The company plans to ramp up production to 250,000 units in 2023-24, 775,000 units in 2024-25, and 1,450,000 units in 2025-26.