Motovolt, one of India’s leading e-mobility brands, has become the first Indian EV startup to have undertaken a strategic M&A with a German electric 2-wheeler OEM, eROCKIT AG.

Motovolt, one of India’s leading e-mobility brands, has become the first Indian EV startup to have undertaken a strategic M&A with a German electric 2-wheeler OEM, eROCKIT AG.

Tushar Choudhary, Founder & CEO, Motovolt, said, “The deal with eROCKIT is going to make a major impact on the Indian markets and transform the 2-wheeler segment.

Andreas Zurwehme, Chairman eROCKIT AG said”I am pleased to have Motovolt as a strong shareholder in the company. The investment accelerates eROCKIT’s expansion plans as a vehicle manufacturer and technology provider.

About eROCKIT

In the global booming electromobility market, the eROCKIT is an extraordinary vehicle (light motorcycle / L3e / 125ccm category), which differs fundamentally from other vehicles thanks to its innovative e-pedal drive.

eROCKIT AG holds 100% of the shares in eROCKIT Systems GmbH in Hennigsdorf near Berlin. The unique pedal-controlled electric motorcycle eROCKIT is built here.