Firm’s EV pact with Avon

June 29, 2021 06:48 pm | Updated 06:48 pm IST - HYDERABAD

City-based DAO EV Tech, a ‘Make in India’ dedicated smart electric mobility manufacturing firm, entered into a strategic agreement with Avon, a leading bicycles manufacturer, on Tuesday.

Founded by the Pahwa Brothers in 1952, Avon has large production facilities and a growing portfolio of products with over 200 models and over 360 different components for each model. As a pioneer in the electric scooter industry, Avon started manufacturing in 2007.

The strategic agreement between DAO EV Tech and Avon will complement each other’s strengths and leverage their network in the areas of sourcing and manufacturing excellence. With DAO EV Tech’s commitment to provide high quality and reliable electric two-wheelers, it has lined-up models to be launched soon.

Avon’s will help DAO access top-notch Indian suppliers in the two wheelers industry especially for mechanical components. It will further speed up DAO’s homologation and localisation for its high-speed model 703. As per the MoU, DAO EV Tech and Avon Cycles will further support each other in an assembly, designing, supply network, and marketing of each other’s products in their spheres of influence, a press release said.

Top News Today

Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in


Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.