Startups: PURE EV to launch electric two-wheelers in May

PURE EV, an Indian Institute of Technology, Hyderabad-incubated startup plans to launch long-range, high-performance electric two-wheelers across the country next month.

PURE EV has set up an 18,000-sq ft state-of-the-art facility for cutting-edge research and development of the vehicles for Indian conditions, a press release said here.

It aims to sell over 10,000 electric vehicles this financial year, the release said.

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PURE EV is the electric vehicle vertical of PuREnergy, a startup incubated by IIT-Hyderabad, which manufactures high-performance lithium batteries, it said.