Bharat New-energy Company

What Bharat New-energy Company does

BNC Motors Private Limited, doing business as BNC: Bharat New-Energy Company, is an Indian electric two-wheeler manufacturer headquartered in Coimbatore, Tamil Nadu. The company was founded in 2022 and operates from a manufacturing facility at UNIT NO.3, Saiman Thottam, Udayampalayam, Chinnavedampatti, Coimbatore. BNC designs, develops, and manufactures electric motorcycles and scooters for the Indian market, alongside its proprietary Etrol line of lithium batteries. Its current product portfolio includes the Challenger S110 entry-level electric motorcycle (₹99,900 ex-showroom, 90km certified range, 70 km/h top speed), the Challenger S125 heavy-duty electric motorcycle (180km range, 200kg+ load capacity), the Perfetto family scooter (₹1,14,991 ex-showroom), and the Etrol 40 removable LFP battery (IP67-rated, AIS-156 compliant, 5-year warranty). An upcoming Boss NR150 high-performance model (160km range, 110 km/h top speed) is in the pipeline.

BNC's technology stack centers on three proprietary elements: a hub-motor drivetrain integrated in-wheel to eliminate chains and belts; an exoskeletal double-cradle high-tensile-steel chassis rated for 200kg+ loading under Indian road conditions; and the Etrol LFP battery platform featuring IP67 sealing, thermal stability tested above 300°C, 2-minute battery-swap capability, and AIS-156 Amendment 3 Phase 2 compliance. The company has developed a companion mobile application for trip tracking, environmental-impact monitoring, and service-records access.

BNC operates a hybrid go-to-market: direct-to-consumer sales via bncmotors.in with online reservations, complemented by a franchise dealership network across more than 20 Indian cities (Coimbatore, Chennai, Bangalore, Pune, Jaipur, and others). Revenue is generated primarily through hardware sales of vehicles and batteries, with three streams: electric two-wheeler sales, standalone battery sales (Etrol 40), and dealer-franchise model economics. BNC is pushing into the B2B fleet segment via a strategic partnership with EMO Energy for the EMO Challenger platform, targeting quick-commerce (Zomato, Swiggy, Zepto), e-commerce, and food-delivery fleets, and has secured a 200-vehicle deployment with India Post's Maharashtra Circle for last-mile postal delivery. Headcount is reported at 101-250 employees and a Japanese strategic investor backed the company in November 2025.

Name

Bharat New-energy Company

Legal name

BNC Motors Private Limited

Website

https://bncmotors.in

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

101–250 employees

Short description

BNC Motors is an Indian electric two-wheeler manufacturer—motorcycles and scooters—serving urban commuters and last-mile delivery fleets. It sells through its website and a 20+ city franchise dealership network, generating revenue from proprietary vehicles and its Etrol swappable LFP battery.

Ownership category

akta.pro rank

Product category

Electric Two-Wheeler Manufacturing

NAICS

Motorcycle, Bicycle, and Parts Manufacturing (336991), Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632)

SIC

Motorcycles, Bicycles & Parts (3751), Motor Vehicle Parts & Accessories (3714)

akta.pro primary industry

Electric Motorcycles & Electric Scooters Manufacturing (IMACAEAB)

akta.pro secondary industry

E-scooters & E-mopeds Manufacturing (IMACAOAB)

Keywords

• Electric two-wheelers
• Lithium ferro phosphate batteries
• Last-mile delivery vehicles
• Battery swapping technology
• Electric scooter manufacturing

Headquarters

HQ city

Coimbatore

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Electric Vehicle Sales: Primary revenue from selling electric two-wheelers (scooters and bikes) directly to consumers and fleet operators through dealership network and direct sales.
2. Battery Sales: Revenue from proprietary Etrol battery systems including the Etrol40. Batteries sold separately or as part of vehicle packages with 5-year warranty.
3. Dealership Franchise: Revenue generated through franchise dealership model across India, with dealers selling BNC vehicles and providing service support.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Bharat New-energy Company (BNC Motors) designs, manufactures, and sells electric two-wheelers — motorcycles (Challenger S110, Challenger S125) and a family scooter (Perfetto) — built in India for urban personal mobility and commercial last-mile delivery. The company develops proprietary Etrol LFP (Lithium Ferro Phosphate) battery technology, with IP67-rated removable batteries supporting 2-minute swap capability, and pairs vehicles with an exoskeletal chassis tuned for Indian road conditions.

Product overview

BNC Motors (Bharat New-Energy Company) is an Indian electric two-wheeler manufacturer based in Coimbatore, Tamil Nadu. The company offers a portfolio of electric motorcycles and scooters including the Challenger S110 and S125 for urban and delivery use, the Perfetto family scooter, and the proprietary Etrol 40 swappable battery system. The product lineup is designed for Indian road conditions with metal body construction, strong chassis, and high load-bearing capacity. BNC also partnered with EMO Energy to launch the EMO Challenger platform targeting fleet operations in the quick commerce, e-commerce, and food delivery sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Etrol: Proprietary lithium battery brand of BNC Motors, featuring IP67-rated, removable LFP batteries with battery-swapping capability for electric two-wheelers.
• EMO Challenger

Products and services

• Challenger S110 Entry-level electric motorcycle designed for urban commuting and light-load usage. It uses a removable Etrol 40 LFP battery, a 3 kW peak-power BLDC hub motor, delivers a 90 km certified range and a top speed of 65 kmph. Priced from ₹99,900 (ex-showroom) with EMI support from ₹2,599 per month.
• Challenger S125 Heavy-duty electric motorcycle built for delivery and extended-range commuting. Features a 4.2 kWh Etrol battery, 180 km certified range, 70 km/h top speed, and 200 kg+ loading capacity on a rugged exoskeletal chassis — designed for Indian road conditions and commercial duty cycles.
• Perfetto Family-oriented electric scooter with a hybrid composite body, 2.1 kWh battery, 80 km standard range (160 km with extended configuration), 4.2 kW motor, 70 km/h top speed, spacious seating, and 32L storage capacity. Priced at ₹1,14,991 (ex-showroom) with EMI support from ₹2,899 per month.
• Etrol 40 Battery BNC's proprietary removable LFP (Lithium Ferro Phosphate) battery pack — IP67-rated, AIS-156 Amendment 3 Phase 2 compliant, tested for >300°C continuous internal temperature, backed by a 5-year warranty, and engineered to support a 2-minute swap. Sold both as part of vehicle packages and as a standalone battery product with broad charging-point coverage.
• EMO Challenger Platform Purpose-built commercial electric mobility platform co-developed with EMO Energy for India's last-mile and fleet delivery operations. Combines BNC's vehicle engineering with EMO's advanced battery intelligence (real-time electrochemical modelling and active-balancing BMS), 20-minute fast charging, and fleet diagnostics — designed for high-utilisation quick-commerce, e-commerce, and food-delivery deployments.

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered supporting and core.

• Quantum EnergysupportingOEM/ Whitelabel/ Licensing Partner · 29 April 2026EMO Energy expanded OEM partnerships including Quantum Energy as part of its network growth strategy. BNC Motors products utilize EMO Energy battery systems through this partnership ecosystem.
• BNC Motors (Part of EMO Energy OEM Network)coreOEM/ Whitelabel/ Licensing Partner · 29 April 2026BNC Motors is one of 10+ OEM manufacturers in EMO Energy's expanded OEM partnership network, utilizing EMO Energy's proprietary ZEN battery technology and fast-charging infrastructure for BNC's electric vehicle products.
• EMO EnergycoreStrategic or Co-development Partner · 24 February 2026Bengaluru-based EMO Energy partnered with BNC Motors to develop and deploy the EMO Challenger, a commercial EV platform for India's last-mile and fleet delivery operations. The platform combines BNC Motors' vehicle engineering with EMO Energy's advanced battery technologies featuring cell-level electrochemical modelling and 20-minute fast charging. Initial deployment of 1,000 vehicles planned in Bangalore and Gurugram, scaling to 15,000 vehicles across Indian cities by end of 2026. Targets high-utilisation delivery operations in quick commerce, e-commerce, and food delivery sectors.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Ather Energy: Bangalore-based premium electric scooter manufacturer (450X, Rizta) with a strong dealer and charging network. Competes head-to-head with BNC's Perfetto in the family/urban commuter segment and is a direct benchmark for product quality and brand building.
• Okinawa Autotech: Gurgaon-based Indian electric two-wheeler manufacturer with a broad low-to-mid price product portfolio. A direct competitor in the affordable e-2W segment and B2B fleet channel, particularly for delivery and shared mobility operators.
• Simple Energy: Bangalore-based Indian EV two-wheeler startup (Simple One) targeting similar urban commuter and delivery-fleet segments. A direct emerging peer with comparable scale, funding stage, and product positioning to BNC.
• Ola Electric: India's largest electric two-wheeler manufacturer (S1 series scooters), publicly listed, headquartered in Bangalore. Directly competes with BNC in the Indian e-2W market with similar price points and a focus on in-house battery technology and vertical integration.
• Revolt Motors (RattanIndia): Indian electric motorcycle startup (RV400) acquired by RattanIndia Enterprises. Directly competes with BNC's Challenger electric motorcycle line, particularly in the commuter and performance segments.

Broad incumbents

• TVS Motor Company (iQube): Established Indian two-wheeler OEM (also ICE) with the iQube electric scooter line. A direct competitor in the electric scooter category and a meaningful incumbent reference point for dealer scale, service network, and supply chain.
• Hero MotoCorp (Vida): World's largest two-wheeler manufacturer with the Vida electric sub-brand (V1, V2). A broad incumbent competitor in both B2C and B2B fleet electrification, with significantly larger distribution and capital resources than BNC.
• Bajaj Auto (Chetak): Major Indian two-wheeler OEM with the resurrected Chetak electric scooter line. Competes with BNC in the urban commuter segment and benefits from Bajaj's extensive manufacturing scale and dealer footprint.
• Ampere (Greaves Cotton): Electric two-wheeler brand owned by Greaves Cotton, a diversified Indian engineering company. Competes with BNC in the affordable e-2W category with a wider parent-company distribution and aftermarket support network.

Emerging players

• River Indie: Bengaluru-based EV scooter startup (Indie model) focused on urban mobility with a strong design and lifestyle brand. Comparable in funding stage and product positioning, though focused on B2C premium segment versus BNC's fleet emphasis.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC3GkzuhgPDDbDUu1EIiJXtQ
• Facebookfacebook.com/BNC-100065229321229
• LinkedInlinkedin.com/company/bnc-motors
• Instagraminstagram.com/bnc_ev?igshid=YmMyMTA2M2Y=
• Xx.com/BNC_EV

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bharat New-energy Company