With this, eBikeGo plans to build FMS (Fleet Management System) for its clients which include Amazon, Flipkart, Big Basket
Looking to modernise its EV footprints, e-mobility platform for two-wheelers eBikeGo has announced that it has bought out tech firm Kustard Technologies for $2 million.
Along with the acquisition of the company, eBikeGo said in a statement that it has also expanded their team by onboarding 20 developers from the EV tech industry, in order to contribute on product, design, innovation as well as UI and UX.
With this, eBikeGo plans to build FMS (Fleet Management System) for its clients which include Amazon, Flipkart, Big Basket. It said that it will also aid remote diagnostics of EVs to achieve preventative maintenance such as such as monitoring vehicle health, motor, battery, controller, etc.
“We are extremely happy to acquire one of the burgeoning tech firms, Kustard Technologies, to help push the EV industry to the next level with cutting-edge technology,” said Irfan Khan, Founder & CEO of eBikeGo.
“Every year, approx 25 Million petrol two-wheelers are sold in India. Previously, less than 0.15 Million electric two-wheelers has been sold, accounting for just 0.6 percent of overall two-wheeler sales. One of the major reasons for this is that most electric two-wheeler vehicles today are not connected to IoT (Internet of Things) making the user devoid of a complete, dependable digital experience.”
“eBikeGo’s vision with this purchase is to transform Electric Vehicles into smart connected vehicles. As industry experts, we understand the urgency and significance of technology in EV space,” added Khan.
