By the following year, Matter, an electric vehicle (EV) and technology business located in Gujarat, hopes to begin shipping the country’s first electric motorcycle equipped with a manual gearbox. The first motorcycle AERA was supposed to be delivered in September, but the business has extended the delivery date. Matter CEO Mohal Lalbhai said in an exclusive interview with Business Today that the company will begin producing its electric motorcycles in the upcoming quarter. He also emphasized the difficulties in keeping a seamless supply chain. He did, however, reassure that the business is dedicated to the “Make in India” campaign.
A brief about shipments of goods made in India Starting in the next year, Matter electric motorcycles with manual gearboxes
“We import cells, magnets, and semiconductors, but we design and make everything else in India,” said Lalbhai. Eighty percent of the pieces, he said, are indigenous to the area.
The company works with important tier-one suppliers in the nation as part of its commitment to local sourcing. “Every component on our vehicle, with the exception of cells, magnets, and semiconductors, is made in India,” claims Lalbhai. Internal production is used for battery packs, motors, electronics, and vehicle assembly. Other parts, such as wheel rims, casings, and tires, are sourced from suppliers in the Ahmedabad area. We have a 97% localization rate now.”
Matter asserts that, in light of the pandemic’s disruptions, it has also taken proactive measures to guarantee a stable supply chain. The pandemic presented a significant challenge to our supply chain. Since those chips were never produced again after the pandemic, we had to completely redesign a few components. We have inked strategic agreements with chip makers in North America, Europe, and Japan for the supply of parts for the next ten years, and we have begun locking down long-term orders,” Lalbhai added.
