Bharat New-energy Company, also known as BNC Motors, is planning a big expansion with a Rs 100 crore investment over the next 18 months.

This strategic initiative intends to increase production capacity while also introducing interesting new items to the electric vehicle industry.

BNC Motors is preparing to launch its new scooter brand, 'Perfetto,' in conjunction with the renowned Japanese manufacturer Musashi Seimitsu. In addition, the company will release an electric bike developed in-house called 'Boss.'

To support this expansion, BNC Motors is establishing a cutting-edge production facility in Coimbatore, capable of manufacturing an impressive three lakh vehicles annually, primarily for export to African markets.

On the domestic front, their two-wheeler EV, aptly named ‘Challenger,’ is poised to achieve remarkable sales of 1,000 units per month by the end of the financial year.

Furthermore, BNC Motors is contemplating an expansion of its dealer network, targeting the southern states, by the conclusion of FY24.