Lectrix EV, the e-mobility arm of SAR Group, has announced a strategic partnership with Bike Bazaar, a leading player in financing and renting electric two-wheelers, to drive large-scale EV adoption in the last-mile logistics segment. As part of this strategic collaboration, Bike Bazaar will expand its fleet with 1000 new Lectrix electric two wheelers, including high-range vehicles with 3KWh batteries and electric scooters with swappable batteries to be deployed on Mooving’s advanced battery-swapping network. With a focus on scalability and operational efficiency, Bike Bazaar also plans to retrofit its existing fleet and deploy with Mooving Swap Network, reinforcing its commitment to sustainable and high-performance last-mile mobility.
This partnership reinforces Lectrix’s leadership in India’s EV ecosystem by providing comprehensive vehicle and battery solutions that tackle key adoption barriers such as range anxiety, high upfront costs, and fleet downtime. With Lectrix’s advanced EV technology and flexible energy solutions, Bike Bazaar can optimize operational efficiency, lower investment costs, and accelerate fleet expansion without battery-related complexities.
“Lectrix EV and Mooving are committed to transforming last-mile logistics with integrated solutions that make EV adoption seamless and cost-effective for fleet operators. Our partnership with Bike Bazaar reflects the trust fleet players place in our ecosystem, which combines advanced vehicle technology, smart battery solutions, and Mooving’s robust swapping infrastructure to ensure maximum efficiency and uptime,” said Pritesh Talwar, President Lectrix & Mooving.
Karunakaran V, Joint MD and Co-Founder, Bike Bazaar said, “Bike Bazaar takes pride in associating with Lectrix EV and Mooving for fastening the transition to electric mobility in last mile delivery segment. As a company dedicated to positively impacting the ESG space, we share a common vision with Lectrix and Mooving towards a sustainable world. With Lectrix vehicles and Mooving efficient swapping network, we are poised to scale our fleet rapidly while optimizing costs and minimizing operational challenges “
As Lectrix continues to deepen its presence in the EV space, partnerships like these reinforce its mission to drive faster, more affordable, and sustainable electrification for commercial fleet operators across India.
About Lectrix EV:
Lectrix EV is the e-mobility arm of SAR Group and was launched in 2020. The company is driven by a passion to provide reliable and advanced electric two-wheelers to consumers. With an initial investment of Rs 300 crore and supported by a production facility with an annual capacity of 1.5 lakh EVs, Lectrix EV plans to add a wide range of electric two-wheelers to its portfolio. With a keen focus on technology and innovation, the company aims to disrupt the electric scooter segment with technologically advanced products provided at affordable prices.
About Mooving:
Mooving is a sustainable mobility solutions company specialising in advanced electric vehicles (EVs), battery-swapping infrastructure, and leasing services. It offers eco-friendly, cost-effective, and efficient transportation options tailored for individuals and businesses. Through its innovative EV leasing model, Mooving ensures affordability and flexibility while reducing ownership barriers. By leveraging cutting-edge technology and a robust battery-swapping network, Mooving is driving the shift toward cleaner energy and promoting a greener future in urban mobility.
About SAR Group:
SAR Group, established in 1988 by Rakesh Malhotra, is a prominent Indian conglomerate headquartered in Gurugram, Haryana. The company has made significant strides in the consumer electronics and power sectors, particularly known for its flagship brand, Luminous Power Technologies. SAR Group specializes in a diverse range of products including power backup solutions, energy storage systems, and renewable energy technologies. With a workforce of approximately 4,000 employees, the group has achieved revenues exceeding $500 million and has expanded its footprint both domestically and internationally, solidifying its position as a leader in the marke
