Motovolt Mobility
Motovolt Mobility is an Indian electric two-wheeler manufacturer (founded 2019, Kolkata) producing electric scooters, e-mopeds, and e-cycles with swappable LFP batteries and IoT telematics, serving B2B fleet operators, gig-economy delivery workers, and urban commuters through dealers, e-commerce, and battery-swapping partnerships.
- Company typePrivate
- Founded2019
- HeadquartersKolkata, India
- Headcount251–500
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Motovolt Mobility does
Motovolt Mobility Pvt. Ltd. is a Kolkata-headquartered Indian electric two-wheeler manufacturer founded in 2019 by Tushar Choudhary. The company designs, manufactures, and sells a diversified product portfolio spanning three categories: electric scooters (M7, M7 Lite, MVS7), e-mopeds (URBN), and electric cycles (HUM, KIVO, KIVO Easy, KIVO 24), with ex-showroom prices ranging from approximately ₹31,999 for entry-level e-cycles to ₹99,900 for the flagship M7. Core technology centers on swappable LFP (Lithium Iron Phosphate) battery packs with AIS-156 and IP67 certifications, BLDC motors, and IoT-enabled telematics that feed a 50+ feature fleet management dashboard; the HUM e-cycle is marketed as India's first cargo e-cycle and the M7 features a modular cargo-to-commute conversion design supporting 180 kg payload. The MVS7 variant integrates with Indofast Energy's (IOCL–Sun Mobility JV) battery-swapping network of 855–1,600+ stations, with subscription plans priced at ₹999/month (Lite) and ₹2,499/month (Pro).
Motovolt generates revenue through one-time hardware sales across consumer (D2C website, Amazon, Flipkart, 250+ authorized dealers, and 100–200 retail outlets targeting tier 1–3 markets) and B2B fleet channels, recurring battery-swap subscriptions via the Indofast partnership, accessories/spare parts sales, and financing partnerships with NBFCs and microfinance providers (EMI starting at ₹3,999/month). Customer segments include gig-economy delivery workers, B2B fleet operators (logistics, quick commerce), urban commuters, small business/micro-entrepreneurs, and corporate/government buyers (e.g., CESL tender for rural women entrepreneurs). Named B2B customers include Yuma Energy (15,000 M7 commitment by end 2026), ZEVO (5,000 M7), FuturElectra (2,000), GBG EV (200+ MVS7), Cargo Players, and Epsilon Group.
The company holds an acquired stake in German eROCKIT AG (€1M, March 2023) as a technology licensing and industrialization platform, with a planned additional €10M India investment. Manufacturing is located at a Taratala, Kolkata facility, with regional offices in Bengaluru, Pune, and Gurgaon. The connected fleet has covered 17.6 million kilometers since 2024 and over 35,000 vehicles have been delivered cumulatively covering 65M+ km, saving an estimated 1.7 million liters of fuel. Motovolt positions a 70% running-cost saving claim versus petrol two-wheelers.
Motovolt Mobility firmographics
Firmographics- Name
- Motovolt Mobility
- Legal name
- Motovolt Mobility Pvt. Ltd.
- Website
- https://motovolt.co
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Motovolt Mobility is an Indian electric two-wheeler manufacturer (founded 2019, Kolkata) producing electric scooters, e-mopeds, and e-cycles with swappable LFP batteries and IoT telematics, serving B2B fleet operators, gig-economy delivery workers, and urban commuters through dealers, e-commerce, and battery-swapping partnerships.
- Ownership category
- akta.pro rank
Motovolt Mobility industry classification
Industry- Product category
- Electric Two-Wheelers
- NAICS
- Motorcycle, ATV, and All Other Motor Vehicle Dealers (441227), Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers (4231)
- SIC
- Motorcycles, Bicycles & Parts (3751), Motor Vehicle Parts & Accessories (3714)
- akta.pro primary industry
- Electric Motorcycles & Electric Scooters Manufacturing (IMACAEAB)
- akta.pro secondary industries
- E-scooters & E-mopeds Manufacturing (IMACAOAB), E-Mopeds & Light Electric Motorbikes (Consumer) (CRACASAG), Two-/Three-Wheeler Delivery Vehicles Rental/Leasing (Scooters, Mopeds, Trikes) (TLABAGAC)
Keywords
Where Motovolt Mobility is headquartered
LocationHeadquarters
- HQ city
- Kolkata
- HQ country
- India
- HQ region
- Asia
Offices5 records
Markets served
Motovolt Mobility business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Technology or R&D, Marketing or Sales, Personnel, Infrastructure
Revenue model
- Electric Vehicle Sales: One-time hardware sales of electric scooters (M7, MVS7), e-cycles (HUM, KIVO series), and e-mopeds (URBN) through direct online sales, dealer network, and e-commerce marketplaces (Amazon, Flipkart).
- Battery Subscription Plans: Recurring monthly subscription plans for battery swapping through Indofast network - Lite plan at ₹999/month (24 kWh, ~1000km range) and Pro plan at ₹2,499/month (75 kWh, ~3000km range).
- B2B Fleet Solutions: Enterprise fleet sales with integrated telematics, battery swapping, and 360-degree solution including vehicle customization and fleet management software.
- Accessories and Spare Parts: Sales of accessories including front baskets, side bags, helmets, carriers, and spare parts through website and dealer network.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | M7 Electric Scooter - standard variant at ₹99,900 |
| One time/ perpetual license | Pay-as-you-go | M7 Lite Electric Scooter at ₹74,999 |
| One time/ perpetual license | Pay-as-you-go | MVS7 Electric Scooter starting at ₹59,999 |
| Subscription | Monthly | Indofast Battery Swap Lite Plan at ₹999/month |
| Subscription | Monthly | Indofast Battery Swap Pro Plan at ₹2,499/month |
| One time/ perpetual license | Pay-as-you-go | HUM E-Cycle from ₹37,523 |
| One time/ perpetual license | Pay-as-you-go | KIVO Easy E-Cycle at ₹31,999 |
| One time/ perpetual license | Pay-as-you-go | KIVO Smart E-Cycle at ₹33,999 |
| One time/ perpetual license | Pay-as-you-go | URBN E-Moped from ₹52,999 |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
Motovolt Mobility product offering
Product offeringCore offering
Motovolt Mobility designs, manufactures, and sells electric two-wheelers in India across three product lines: electric scooters (M7, M7 Lite, MVS7), e-mopeds (URBN), and e-cycles (HUM, KIVO, KIVO Easy, KIVO 24). The company offers multi-utility modular vehicles with cargo-to-commute conversion in under 90 seconds, swappable LFP battery systems integrated with Indofast and Yuma battery-swapping networks, and dedicated B2B fleet solutions with AI-driven IoT telematics for enterprise logistics and delivery operators.
Product overview
Motovolt Mobility is an Indian e-mobility company offering a diversified portfolio of electric vehicles spanning three product lines: electric scooters (M7, M7 Lite, MVS7), e-mopeds (URBN), and e-cycles (HUM, KIVO, KIVO Easy, KIVO 24). The company differentiates through multi-utility design with modular cargo-to-commute conversion capabilities, German technology partnerships (including eROCKIT), and battery-swapping infrastructure integrations with Indofast Energy and Yuma Energy. The product ecosystem is unified through the Motovolt app providing IoT-connected features including GPS tracking, anti-theft alerts, and battery monitoring. B2B fleet solutions offer enterprise customers customizable electric vehicles with AI-driven telematics for urban logistics and delivery operations.
Differentiator
Problem solved
Functional benefit
Products and services
- M7 Electric Scooter Multi-utility smart electric scooter with 166 km IDC range, 180 kg payload capacity, and modular cargo-to-commute design. Features dual detachable batteries, swappable battery option, German engineering, and connectivity via the Motovolt app. Priced at ₹99,900.
- M7 Lite Lower-priced variant of the M7 electric scooter with 73 km IDC range, retaining modular cargo-to-commute design and smart connectivity features. Priced at ₹74,999.
- MVS7 Multi-utility smart electric vehicle designed for fleet operations and gig economy workers. Equipped with Indofast battery-swapping technology enabling under-2-minute battery swaps. Features IoT-enabled batteries with real-time tracking, 80-85 km range in eco mode, and 180 kg load capacity. Starting at ₹59,999 ex-showroom with battery-swap plans from ₹999/month.
- URBN Lightweight urban e-moped with swappable batteries, up to 120 km range, and no license or registration required. Features dual disc brakes, dual suspension, and IP67-rated waterproof battery. Priced from ₹52,999 to ₹54,999.
- HUM India's first cargo e-cycle with 120 kg load capacity and 105 km range on a single charge. Features removable battery, IP67-rated battery, trellis-design steel frame, and 15+ accessories. No license or registration required. Priced at ₹37,523 (sale) to ₹41,999.
- KIVO Electric bicycle with powerful electric assistance, up to 105 km range, and lightweight frame. Features intuitive controls and long-lasting battery. Priced at ₹33,999 (sale) to ₹37,999.
- KIVO Easy Lightweight and stylish e-cycle for modern commuters with up to 105 km range, 4-hour charging time, and no license requirement. Priced at ₹31,999 (sale) to ₹35,999.
- KIVO 24 India's first multi-utility e-cycle with 24-inch wheels, vibrant design, and eco-friendly build. Features smooth ride and reliable daily commute performance. Priced at ₹32,999 to ₹37,999.
- Motovolt Accessories Range of accessories including front basket, rear side hooks, cushion seats, foot rests, water bottle holders, pannier guards, carriers, mobile holders, bags, helmets, and mirrors compatible with Motovolt e-cycles and scooters. Sold through the website and dealer network.
- B2B Fleet Solutions Enterprise fleet management offering combining electric vehicles, battery-swapping integration (Indofast/Yuma), AI-driven IoT telematics with 50+ features, vehicle customization, and dedicated service support. Includes real-time monitoring dashboard, anti-theft alerts, battery diagnostics, and trip history for logistics, delivery, and corporate fleet operators.
Quantifiable outcome
- Up to 70% running cost savings compared to petrol-based vehicles
- +4 more outcomes
Companies that use Motovolt Mobility
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles4 records
Motovolt Mobility technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability2 records
Feature5 records
Motovolt Mobility partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core, strategic, minor and supporting.
- GBG EVcoreStrategic partnership with GBG EV, an electric vehicle fleet rental operator, to supply over 200 MVS7 electric vehicles equipped with Indofast battery-swapping technology across the Delhi-NCR region. The battery-swapping technology enables swaps in under a minute, reducing downtime for gig workers in last-mile delivery and quick commerce. The partnership is set to expand further as both companies aim to capitalize on India's rapidly growing quick commerce sector.
- Cargo PlayerscoreStrategic alliance with third-party logistics provider Cargo Players to deploy MVS7 electric two-wheelers for hyperlocal and quick commerce deliveries across India. The partnership integrates Indofast Energy's battery-swapping technology to eliminate charging downtime and enable continuous operations in last-mile logistics. Initial deployments target high-demand urban areas in Delhi-NCR and Pune, with goals of improving efficiency and helping logistics companies meet urban emission regulations.
- Yuma EnergycoreBattery-as-a-service partnership with Yuma Energy (joint venture between Magna International and Yulu Energy) to deploy 15,000 M7 electric scooters for fleet operations by end of 2026. The collaboration integrates Motovolt's multi-utility electric scooter with Yuma's battery-swapping network, separating battery costs from vehicle purchase to address range anxiety, charging infrastructure limitations, and high upfront battery costs. The arrangement includes lifetime battery warranty for end users and serves fleet operators across urban and semi-urban areas.
- eROCKIT AGstrategicMotovolt acquired an undisclosed stake in German electric two-wheeler maker eROCKIT AG for €1 million euros. The company intends to further invest around €10 million in India for industrialization and aims to leverage eROCKIT's technology to develop relevant products for Indian consumers. This partnership brings German engineering expertise adapted for Indian conditions.
- ZEVOcorePartnership with ZEVO to launch 5,000 M7 E-scooters for urban logistics, financed by Revfin. Motovolt also delivered first batch of M7 E-Scooters to ZEVO.
- FuturElectraminorPartnership to roll out 2,000 electric scooters in India for sustainable urban transport.
- Ecofy FinancesupportingEcofy Finance partnered with Motovolt Mobility to boost EV financing, providing accessible financing options for customers.
- Epsilon GroupminorEpsilon Group partnered with Motovolt to support sustainable mobility for its employees, demonstrating corporate adoption of EV solutions.
- SwobbeestrategicGerman firm Swobbee partnered with Motovolt for EV battery swapping stations in India, focusing on scalable charging infrastructure solutions.
- Indofast EnergycoreIndofast Energy (IOCL & Sun Mobility JV) provides battery-swapping infrastructure for Motovolt's MVS7 vehicles with over 1,600 swap stations across 23 cities. The partnership enables under-2-minute battery swaps for gig workers and fleet operators.
Scale indicators11 records
Recent moves8 records
Expansion highlights6 records
Motovolt Mobility competitors and assessment
Company assessmentDirect peers
- Ola Electric: India's largest electric two-wheeler OEM offering the S1 series of e-scooters with strong consumer brand recognition and a battery-swapping roadmap. Directly competes with Motovolt across the M7/MVS7 price band, though Ola's capital base and metro retail depth are materially greater.
- Ather Energy: Premium Indian electric scooter OEM (450 series) with strong dealer and charging-network footprint. Closely comparable to Motovolt's M7/MVS7 on target customer (urban premium commuter) and B2B telematics, but positioned at a higher price point and with deeper funding.
- Bounce Infinity: Indian electric scooter OEM with battery-swapping focus (E1) targeting gig-economy riders and fleet operators. Highly comparable to Motovolt's BaaS-fleet thesis, with similar dependency on swap-network partners and quick-commerce fleets.
- Yulu (Yulu Bikes): Bengaluru-based shared-micromobility operator and OEM for electric two-wheelers; co-owns Yuma Energy with Magna International — the same BaaS partner that committed to deploy 15,000 Motovolt M7 scooters. Overlaps directly on product and on the BaaS gig-economy go-to-market.
- Okinawa Autotech: Indian electric two-wheeler OEM offering low- and mid-speed scooters across tier 1–3 markets. Closely comparable to Motovolt on price-segment targeting and India-wide distribution ambitions, though it has faced quality and subsidy-related setbacks.
Broad incumbents
- Hero Electric: Established Indian electric two-wheeler manufacturer with broad scooter and low-speed product portfolio and extensive dealer network. Competes with Motovolt on price-tiered scooters but is much larger and benefits from the Hero brand ecosystem.
- TVS Motor (iQube): Diversified Indian two-wheeler incumbent; its iQube electric scooter competes head-on with Motovolt's M7 family. As a much larger OEM with ICE heritage, TVS brings scale advantages, broader dealer reach, and stronger financing arms.
- Bajaj Auto (Chetak Electric): Major Indian two-wheeler manufacturer; the Chetak Electric scooter targets the same urban commuter segment as Motovolt's M7. Competes on brand, dealer network, and R&D scale rather than on modularity or BaaS-fleet specialisation.
- Ampere Electric (by Greaves Cotton): Indian electric scooter OEM owned by Greaves Cotton, offering affordable scooters with broad tier 2/3 distribution. Comparable to Motovolt on price-tiering, target customer (mass-market commuter), and distribution-led growth, with a deeper parent-company supply chain.
Emerging players
- River Indie: Bengaluru-based electric two-wheeler startup with a utility-focused Indie scooter (large payload, storage). Directly comparable to Motovolt's M7/MVS7 cargo-to-commute positioning and target segment.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Motovolt Mobility social profiles
Digital presenceMotovolt Mobility compliance and trust
Trust signalCompliance3 records
Motovolt Mobility financial estimates
Financial estimateRevenue estimate
Valuation estimate
Motovolt Mobility leadership team
Management profileNumber of profiles
Profiles1 record
Motovolt Mobility funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Motovolt Mobility M&A and investment
M&A and investmentM&A1 record
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Motovolt Mobility
What does Motovolt Mobility do?
Motovolt Mobility designs, manufactures, and sells electric two-wheelers in India across three product lines: electric scooters (M7, M7 Lite, MVS7), e-mopeds (URBN), and e-cycles (HUM, KIVO, KIVO Easy, KIVO 24). The company offers multi-utility modular vehicles with cargo-to-commute conversion in under 90 seconds, swappable LFP battery systems integrated with Indofast and Yuma battery-swapping networks, and dedicated B2B fleet solutions with AI-driven IoT telematics for enterprise logistics and delivery operators.
Is Motovolt Mobility a public or private company?
Motovolt Mobility is a private company. It is classified as venture growth investor backed and is currently operating.
When was Motovolt Mobility founded?
Motovolt Mobility was founded in 2019. It employs 251 to 500 people.
Where is Motovolt Mobility based?
Motovolt Mobility is headquartered in Kolkata, India, in the Asia region.
How does Motovolt Mobility make money?
Four revenue lines are on record. Electric Vehicle Sales are the primary driver. The others are battery Subscription Plans, B2B Fleet Solutions and accessories and Spare Parts.
Who are Motovolt Mobility's main competitors?
Direct peers on record are Ola Electric, Ather Energy, Bounce Infinity, Yulu (Yulu Bikes) and Okinawa Autotech. Broad incumbents are Hero Electric, TVS Motor (iQube), Bajaj Auto (Chetak Electric) and Ampere Electric (by Greaves Cotton). River Indie is listed as an emerging player.
Does Motovolt Mobility have an API?
No public API is recorded for Motovolt Mobility.
What industry is Motovolt Mobility in?
Motovolt Mobility's product category is Electric Two-Wheelers. Its primary akta.pro industry code is IMACAEAB, Electric Motorcycles & Electric Scooters Manufacturing, with a secondary code of IMACAOAB, E-scooters & E-mopeds Manufacturing. Its NAICS code is 441227 and its SIC code is 3751.