BLive, a leading player in the electric vehicle (EV) industry, has further solidified its footprint in Telangana by opening its fifth multi-brand experience store in Nalgonda. The store's inauguration took place in the presence of esteemed individuals including Kancharla Bhupal Reddy, MLA of Nalgonda, and Gadari Kishore Kumar, MLA of Thungathurthy. The brand's expansion in the state is driven by the growing global awareness of electric mobility as well as the escalating fuel costs, both of which have generated significant interest among consumers.
The BLive EV Store offers a diverse selection of electric vehicles from various renowned EV brands, along with expert support, easy financing options, and exciting offers. Customers can now choose from a range of electric scooters, bicycles, motorcycles, and delivery vehicles, with the option of monthly installments as low as Rs 2,000. This affordability factor has facilitated the transition to electric mobility for over 2,500 families and businesses through BLive's extensive store network. The brand aims to open over 100 stores by the end of the current financial year.
At the BLive multi-brand store, customers can explore an extensive collection of electric vehicles from well-established brands such as Batt:re, Pure EV, Gemopai, iVoomi, Kinetic Green, Hero Lectro, LML-Detel, E-Motorad, and more. Among the notable offerings is the highly anticipated Batt:re Storie, a sleek and high-speed e-bike that stands out in the Batt:re lineup. With its expanding network of stores and a wide range of EV options, BLive continues to drive the adoption of electric mobility in Telangana and provide customers with an enhanced EV buying experience.
Samarth Kholkar, CEO and Co-Founder, BLive said, “The people of Telangana have welcomed us with open arms; we are excited to open our 5th store here. The store will provide the masses with the opportunity to ‘try and buy’ EVs for a confident transition to electric mobility. The store will also facilitate Ease of Ownership and the option to buy or rent EVs, along with home demos and easy finance options. In addition to providing a range of environmental and economic benefits over conventional vehicles, electric vehicles are also powerful and reliable. Interested consumers can visit our store to learn more about the benefits of EVs, learn about the various types of EVs available, have the myths surrounding their use debunked, and also learn about available financing options. We are committed to helping consumers make the transition towards a cleaner, greener, and economical mobility option.”
Telangana is rapidly emerging as a hub for electric vehicles and energy storage systems. The State’s pioneering move of developing a policy for the e-mobility segment adds to its attractiveness as an investment destination for this sector. Telangana’s Electric Vehicle and Energy Storage Systems Policy 2020-30 intends to achieve a substantial reduction in the total cost of transportation for personal and commercial purposes, building upon the foundation laid down by the Centre’s FAME-II scheme to promote the adoption and manufacturing of EVs.
According to Telangana’s EV policy, the government had said it will waive the road tax and registration fees entirely for the first 2 lakh electric two-wheelers that have been purchased and registered within the state. The policy wishes to promote the recycling and cascading of batteries used in EVs, and the policy seeks to establish Telangana as a global centre for R&D within the electric vehicle sector.
Sandeep Mukherjee, Co-Founder, BLive said, “We are pleased to have the support of Kancharla Bhupal Reddy and Gadari Kishore Kumar for this store launch in Nalgonda, Telangana. We are happy to note that the State EV policy of Telangana actively encourages and promotes the usage of electric vehicles as a mode of transportation. While EVs are quickly gaining traction among the masses, there is mild apprehension about their performance and reliability, among consumers. We aim to debunk these myths by providing the consumers with a holistic ‘touch and try’ experience and negate apprehensions about switching to electric, if any.”