TL;DR
Okinawa Autotech plans to increase its EV production capacity by 50% to meet rising demand for its electric scooters and motorcycles, investing in new assembly lines and R&D.
Okinawa Autotech, one of India's leading electric two-wheeler manufacturers, has unveiled plans to significantly expand its production capacity by 50% over the next 12-18 months. The decision comes in response to the consistently surging demand for its range of electric scooters and motorcycles across the country. The company aims to add new assembly lines and upgrade existing manufacturing facilities, particularly focusing on increasing output for its popular high-speed models. This expansion will also involve substantial investment in R&D to introduce new models with enhanced features, better range, and improved safety. Okinawa's strategic move is expected to strengthen its market position and reduce delivery waiting periods, a common challenge in the rapidly growing EV sector. The company's commitment to localized manufacturing and robust after-sales service continues to be a cornerstone of its growth strategy.